Who this is for — Understanding that a loss with plan respected is not a «mistake.» The mistake is violating process: size, stop, reason, emotion.
A trading mistake is a deviation from the plan or Bronze rules — not every losing trade. Stop hit with plan adhered = −1R, statistical lesson. Stop moved into loss = mistake.
In plain terms — Good loss: process OK, market won this time. Mistake: wrong behaviour — regardless of P&L.
Examples of mistakes (Bronze)
| Mistake | Connection |
|---|---|
| Stop removed or moved | |
| Trade after daily limit | |
| Fear exit with target not reached |
Example — Trade −1R with stop respected: no mistake. Trade +0.5R without initial stop: mistake — profit reinforcing dangerous habit.
Typical mistake — Labeling every loss as personal failure instead of separating process (yes/no) from outcome (€/R).
In the journal
Binary field: mistake yes/no + short description. Feeds the lesson and monthly review: how many trades with mistake vs plan adherence.
Summary card
- Normal loss: plan OK, −1R acceptable.
- Mistake: rule broken, even in profit.
Bronze path — Journal / risk module. Index: Bronze Path.