A journal only pays when it is read. The weekly review is the appointment for that: the same time every week, about thirty minutes, ending with one concrete decision for the next week. Daily notes record; the weekly review decides.
A 30-minute routine
- Numbers (5 minutes). Net P&L, number of trades, win rate, expectancy in R, largest loss, discipline rate.
- Mistakes (10 minutes). Which tags appeared, what they cost, and whether the most expensive one is the same as last week.
- Best and worst trade (10 minutes). Open both. Was the best one a good trade or a lucky one? Was the worst one a good trade that lost, or a broken rule?
- One decision (5 minutes). One rule to add, remove or enforce next week. Write it down where you will see it before trading.
Questions worth asking
- Did I trade my playbook, or did the market trade me?
- Which session or setup carried the week?
- What was my state on the worst day?
- Is there anything here that needs more than a week of data to judge? (Usually yes; see sample size.)
Keep it short
A weekly review that takes two hours will be skipped by March. The point is the habit, and the single decision at the end.
In SetupBook
The Journal screen has a weekly review with the week's statistics next to it, and the dashboard's "This week" card reminds you if last week's review is still empty. The week can be exported as a PNG report for a mentor or a trading group. The weekly review article has a full template.