Discipline • 7 min • Feb 9, 2026

Monthly Trade Review – Extract Patterns From 200 Hours of Trading

Weekly reviews are micro. Monthly reviews show macro patterns. This is where you find your edge.

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Key Takeaways

  • Conduct a monthly deep-dive review of 20-50 trades
  • Calculate metrics: win rate by setup type, by session, by emotional state
  • Identify your best and worst performing setups to focus on
  • Adjust your trading plan based on real data, not theory

The Monthly Review Process

Pull all trades from the past 30 days. Print them or open them in a spreadsheet.

Categorize each trade:

• Setup type: BOS, BOS+FVG, BOS+FVG+Liquidity, Lone FVG, etc.

• Session: London, New York, Asia

• Emotional state: Calm, Frustrated, Angry, Fearful

• Grade: A (perfect execution), B (good), C (poor)

Calculate for each category:

• Win rate %

• Average win $ and loss $

• Total profit/loss in category

• Expectancy per trade

Example output: "BOS + FVG setups in London session when calm = 70% win rate, +$450 total profit. This is my highest-edge setup."

Next month, focus 80% of your trading on this setup. Skip the low-edge setups.

What to Do With the Data

DO: Double down on high-edge setups. If BOS+FVG+Liquidity has 68% win rate, take MORE of these.

DO: Skip low-edge setups. If lone FVG has 45% win rate, skip them next month.

DO: Adjust psychology triggers. If "Frustrated" entries have 35% win rate, that is your signal to implement the 3-loss rule strictly.

DO: Track session performance. If London is +58% win vs. Asia at +38%, limit Asia trading.

DO NOT: Change your entire strategy based on one month. Variance exists. But after 3 months of data, patterns are real.

DO NOT: Trade setups "because they look good." Trade ONLY setups with documented edge from your review data.

FAQ

What is the monthly trade review process?

Pull all trades from past 30 days. Categorize by: setup type, session, emotional state, execution grade (A-B-C). Calculate win rate %, average win/loss $, total P&L, expectancy per category. Identify highest-edge setup (e.g., BOS+FVG in London when calm = 70% win rate). Next month, focus 80% trading on that setup, skip low-edge setups.

How do I identify which setups to trade more of?

Calculate expectancy per setup type: (Win Rate × Avg Win $) − (Loss Rate × Avg Loss $). Example: BOS+FVG = 65% win, avg win $200, avg loss $100. Expectancy = (0.65 × $200) − (0.35 × $100) = +$95 per trade. Lone FVG = 45% win, $150 avg win, $100 avg loss. Expectancy = +$12.50. Trade more BOS+FVG, skip lone FVG.

What metrics should I track in monthly reviews?

Win rate % by: setup type (BOS, FVG, liquidity), session (London, NY, Asia), emotional state (calm, frustrated, angry), execution grade (A-B-C). Also track: total profit/loss per category, average win/loss $, largest win/loss, number of trades per setup type, R:R ratio by setup. After 3 months, patterns are real (not variance).

How do I adjust my trading plan based on monthly data?

DO: Double down on high-edge setups (68%+ win rate). Skip low-edge setups (45% win rate). Limit sessions with low win rate (Asia 38% vs London 58%). Implement strict cooldown after "frustrated" entries (35% win rate). DON'T: Change entire strategy based on 1 month (variance). After 3 months consistent data, adjust plan confidently.

What should I do if monthly review shows I am unprofitable?

Identify: (1) Lowest-edge setups (skip them next month), (2) Emotional triggers (frustrated/angry entries = lowest win rate, implement cooldown rules), (3) Execution grade (C-rated trades = poor execution, add pre-trade checklist). Most unprofitable traders have 1-2 setup types dragging down overall performance. Remove those, profitability improves 30-50%.