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Process goals

Targets defined by behaviour you control - following the plan, sizing correctly, taking only listed setups - rather than by money.

A process goal can be achieved on a losing day. Take every A-grade setup, skip everything else, size at plan, and stop at the limit: all four are inside your control and none of them depend on the market cooperating.

This is not a consolation prize. Since results over short periods are mostly noise, behaviour is the only thing a daily target can usefully measure. Scoring behaviour also produces immediate feedback, which is what learning requires.

Write three or four process goals for the week and grade them nightly with a simple yes or no. Over a month the grades tell you far more about your trajectory than the equity curve does.

Related: outcome-goals, process-over-outcome, behaviour-journal, trading-plan

Educational only, not advice. Spotted an error? Post in Site Feedback.