Assessment (A Trader’s Never Ending Journey)

By: ShortMeTina

When I worked in the social service field as a clinician; the first point of contact with a potential client started with an assessment or an intake.   Assessments varied in form from agency to agency but the overall premise was the same.  That is; it was a tool used to gather information about a potential client.  Questions on the ‘assessment form’ encompassed among other things a client’s medical, educational, occupational and psychiatric history.  Why was this information important to gather as a clinician?  As the form suggests, its purpose was to assess the client and/or make an assessment.  Assessment, defined by Oxford Dictionary, means “the evaluation or estimation of the nature, quality, or ability of someone or something”

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The purpose of assessing then was to gather information (or data) to gain an understanding of the person I would be working with.  To treat; I first needed information to have a better understanding.  This skill; learned in both undergrad and grad studies was coincidentally transferable to the world of trading. 
In order to ‘understand’ myself as a trader; I had to undergo an ‘assessment’ of myself as a trader.  
Do you understand yourself as a trader?  If you do; great!  If you don’t; how can you then treat or improve yourself as one?  It’s not possible. 
Unlike the assessment performed on potential clients in a therapeutic setting; you don’t necessarily need to evaluate your medical, educational and/or occupational history.  But you do need to make an assessment of your trading.  What questions should you ask? 
I will list a few I’ve asked myself along the years; but I want us all to help each other out, so go on and list the questions you ask yourself below in the comment section.

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Assessment Questions For Trading
What were my last 10 trades?
What set-ups did I trade?
How do I generate my trade Ideas?
Most profitable day, week, month, year?
What do I do when a trade goes against me?

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