Who this is for — To understand that a loss with the plan respected is not a "mistake." The mistake is violating the process: size, stop, reason, emotion.
A trading mistake is a deviation from the plan or from Bronze rules — not every losing trade. Stop hit with plan respected = −1R, statistical lesson. Stop moved into loss = mistake.
In plain terms — Good loss: you did the right thing and the market won this time. Mistake: you did the wrong thing — regardless of P&L.
Examples of mistakes (Bronze)
| Mistake | Connection |
|---|---|
| Entry without entry-reason | FOMO / boredom |
| Size beyond risk-per-trade | tilt |
| Stop removed or moved | panic / revenge |
| Trade after daily limit | maximum-loss ignored |
| Exit from fear with target not reached | fear |
Example — Trade −1R with stop respected: no mistake. Trade +0.5R without initial stop: mistake — you made money but reinforced a dangerous habit.
Card
- What it is: violation of process rules in a trade.
- When to record it: in the journal, yes/no field + description.
- Typical mistake: labeling every loss as personal failure.
Bronze path — Module: First trading journal. Part of bronze-path.
Links
Module: Module 6 — First trading journal
Turn every trade into data.
