Master Your Trading Edge: The Continuous Improvement Loop

For serious Price Action traders, true skill enhancement doesn’t happen by chance; it relies on a deliberate feedback loop.

This structured process ensures correct thinking to improve your trading, where the output of each stage feeds into the next.

Here is the essential five-step continuous improvement loop you must use to refine your trading skills:


1. Memorise

Improvement starts with data collection. You must track individual trades.

If you can’t remember what you did, good luck improving it!

This step involves documenting the factual elements of every trade:

  • On a chart mark the entry, exit, and stop.
  • Capture the key data you want to review. Maybe its context, setup, signal or other. For me I like to check whether continuation/reversal, always-in/trading range, volatility, points, initial risk, result

This initial effort creates the factual foundation necessary for meaningful analysis.

There are several ways to do it I have outlined elsewhere on my blog you can access.


2. Analyse

Once your data is recorded, you must review it thoroughly.

The goal here is to move beyond focusing on single outcomes (isolated events) and instead concentrate on consistent patterns.

During analysis, you should actively identify recurring:

  • Behaviours
  • Strengths
  • Errors
  • Market conditions
  • Weak execution

I like to turn the data into graphs or pivots to speed this up like below:


3. Organise

Raw analysis needs structure. This step requires turning your observations into structured notes.

To organize effectively, you can create headings to group your findings:

  • Setups
  • Management techniques
  • Errors
  • Strengths
  • Context
  • Timing

For example below I can see the setups that relate to the majority of my trading business.


4. Decision

This is the critical step where understanding transitions into actionable strategy. You must first prioritise the issues by impact.

Once prioritized, resist the urge to change everything at once.

Instead, select the one or two changes that matter most.

The final action in this phase is to convert that priority into a clear, specific rule or adjustment that you commit to applying.

For example:

“Next week I am to focus on taking 75% Always in continuation trades, and focus on winners being 1.5 x my losers.”


5. Implement

Take the specific rule or adjustment you decided upon and apply it in live or practice sessions.

The implementation phase is purely focused on tracking results. You must actively track whether the chosen change successfully improves consistency.


Once you have implemented and tracked the results of your change, the entire process must loop back to Step 1.

This continuous commitment to recording, analyzing, prioritizing, and applying specific adjustments is the true mechanism for professional growth in Price Action trading.

Thanks for reading, Tim F.

3 responses to “Master Your Trading Edge: The Continuous Improvement Loop”

  1. gleamingbravelyd0f899dfd9 Avatar
    gleamingbravelyd0f899dfd9

    Good morning Tim,

    what a pleasure to receive your newsletter—thank you very much. I traded with Tom for over two years and have been enjoying the “Al Brooks Trading Sessions” for a month now—they’re amazing! I also think it’s great that you have a website about Zen trading. As a 3rd DAN Shotokan Karate practitioner, I feel right at home there. I have one question: is there any way I could get the Excel sheet you use? Empty and without any data, of course. To be honest, I have a lot of catching up to do when it comes to keeping clean and accurate records of my trades. I’m already looking forward to next week.

    Greetings from Switzerland,

    Ernst

    P.S. I’ve already completed Al Brooks’ TD 365 Advanced course and have now purchased the original course. I’ll have to be busy in 2026 🙂

    Liked by 1 person

    1. Tim Fairweather Avatar

      Hi mate thanks for your msg – wow man that’s some serious discipline to get there in karate! One thing I love about martial arts in practising fundamentals – and I never did that in trading so I never really got better – but that is what has helped me so much… like stretching the kicks everyday keeps them schnappy! Spreadsheet – for sure – search my blog for ‘Orlando’ and there should be a post with link to it 🙂 Cheers, T

      Like

  2. generouspractically8612d94778 Avatar
    generouspractically8612d94778

    Hi Tim… once again, a very valuable and helpful contribution from you… the topic is related to one of my major challenges, how to bring order to the acquired knowledge and how to use it in a structured way, and to constantly learn from it and evaluate the individual setups to gain more confidence in my approach.

    Thank you 🙏🏻

    Best regards also from Switzerland 😅 Ralph

    Like

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I’m Tim

Welcome to Zen Trading Tech.

I’m a Aussie day trader and I post trading tips, practice drills, and indicators that helped my trading get to a professional level.

Everything here is to help train the eyes and hands to trade better. If it helped me I’ll post it for others. Hope you enjoy!