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General
Updated 2025-06-01·Reviewed by TradeLyser Editorial Team·Editorial policy·Trading system

What is Weekly Review?

A weekly review is a dedicated 30–60 minute session at the end of each trading week during which a trader examines their journal entries, calculates key metrics, identifies rule breaks and emotional patterns, and documents lessons and adjustments for the following week.

Indian market context (NSE)

Reference levels: Nifty 50 at 24,300, Reliance Industries at ₹1,300, Bank Nifty futures at 55,000 (lot size 30). Examples below show how Weekly Review shows up on Indian index, equity, and futures books — update to live quotes in your journal.

Nifty 50 perspective

Weekly Review in Indian context at Nifty 24,300: apply SEBI/regulatory framing where relevant and tag index trades separately in weekly review.

Reliance Industries perspective

Weekly Review using Reliance at ₹1,300 as a liquid large-cap example — adjust numbers to your live quote and contract note.

Bank Nifty futures perspective

Weekly Review with Bank Nifty futures at 55,000 — respect lot size 30 and quarterly vs monthly contract rules on NSE.

How to validate

  • Validate Weekly Review with a written rule and at least 20 tagged examples.
  • Ask whether the reading changed because of process or one outlier trade.
  • Compare two independent time windows before adjusting position size.
  • Document validation date in weekly review notes.

How to track in TradeLyser

  • Mention Weekly Review in trade comments when it influenced the decision.
  • Mirror the term in weekly review questions for consistency.
  • Filter trades mentioning the concept during monthly analytics.
  • Cross-link to related glossary terms in mentor notes.

Best practices

  • Teach Weekly Review the same way to mentors and peers — shared vocabulary.
  • Re-read this page after major rule changes to Weekly Review usage.
  • Prefer one improvement per month over ten simultaneous tweaks.
  • Link learn articles when Weekly Review needs deeper study.

Common pitfalls

Reference guide

ContextValueReading
Completion rateReview completed every week regardless of P&LReviews skipped on losing weeks — when reflection is most important
FocusReviews focus on process metrics (rule breaks, execution grade)Reviews obsess over outcome (P&L) and miss process patterns

Related terms

Daily Review
General

Daily review is a structured session-end ritual where a trader closes the trading day by logging final notes, grading execution, and comparing outcomes to the morning plan. It captures context while memory is fresh — before the next session overwrites details.

Discipline Score
Psychology

A discipline score is a quantified measure of plan adherence calculated from the proportion of trades that followed all predefined rules — entry criteria, stop-loss placement, position sizing, and exit discipline. A score of 100% means every trade in the session matched the plan; lower scores identify where deviation occurred.

Edge Audit
General

An edge audit is a structured review — typically monthly or quarterly — in which a trader examines the expectancy, win rate, and profit factor for each setup tag and strategy in their journal to confirm that a statistical edge is present, stable, or improving. It also identifies setups that have degraded and should be paused.

Mistake Log
Psychology

A mistake log is a structured record of every identifiable trading error, categorised by type (rule break, overtrading, poor sizing, premature exit, emotional entry, etc.) and maintained alongside the regular journal. Regular review of the mistake log identifies recurring patterns that persist across setup tags and sessions.

Tag Taxonomy
General

Tag taxonomy is the controlled vocabulary of labels used in a trading journal — naming conventions for setups, market regimes, mistakes, and session types. It prevents duplicate tags (ORB vs opening-range-breakout) from splitting one edge into false small samples.

Trading Journal
General

A trading journal is a systematic record of every trade a trader takes, documenting instrument, setup, entry and exit prices, position size, P&L, emotions, and rule adherence. It is the primary tool for identifying patterns, diagnosing mistakes, and proving whether an edge exists after costs on NSE and F&O books.

FAQ

What should a trading weekly review cover?

A complete weekly review covers: win rate and expectancy vs plan, number of rule breaks, emotion grade trend, setup-by-setup performance, and one or two specific improvements for next week. TradeLyser's weekly report automates the data section so you can focus entirely on analysis and intentions.

How long should a weekly review take?

Effective weekly reviews take 30–60 minutes. Shorter reviews tend to stay at the surface level (P&L only). Longer reviews can become overwhelming and get skipped. Aim for 45 minutes with a consistent agenda template — TradeLyser provides a guided review checklist.

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