What you will learn
- Process versus outcome
- Repeated mistakes
- Choose one intervention
- Compare before and after cautiously
Process versus outcome
Process review asks whether the plan was followed; outcome review asks what happened under the measured sample. Keep both in the report. A strategy problem and an execution problem can coexist but require different interventions.
Repeated mistakes
Identify repeated mistakes using observable definitions, such as missing protection or incorrect quantity. Avoid vague labels that merely rename losses. A valid losing trade is not automatically an execution mistake.
Choose one intervention
Choose one bounded intervention and state the expected process effect. For example, an import deduplication check should reduce duplicate records, not be judged by next week's market profit.
Compare before and after cautiously
Compare before and after cautiously because market conditions and sample composition can change. A process improvement can be verified directly, while a claim about improved returns may need a stronger evaluation design.
Worked example
After adding a reconciliation checklist, missing-fee entries fall from eight of twenty records to one of twenty. That is evidence about record completeness; it is not by itself proof that the trading strategy's edge improved.
Try it yourself
Write a review conclusion that separates the observed process improvement from an unsupported performance claim.
Show the worked solution
State the reduction in missing-fee records and the sample sizes. Explain that better data supports more reliable analysis, while any change in strategy profitability still needs a separate evaluation with complete net results.
Apply this to your course project
Produce a weekly report that reconciles net P&L and explains uncertainty in small groups.
Keep the calculation inputs, assumptions and decisions with your work. Practical exercises are self-reviewed; the scored knowledge checks assess the questions shown, not an independent certification of practical competence.