The Power of Detailed Trading Analysis: 3 Tips for Success

The Duomo Initiative
6 min readSep 7, 2023

When analysing the markets, it’s not just the high-level details we’re interested in. The finer details matter too. Succeeding in the markets is all about recognising and understanding the nuances in the price movements.

However, even when traders identify these intricate details, they often overlook them as their session progresses. It’s too much information to constantly keep in mind.

The tips I’m about to share with you solve that problem. They’ll help you gain an advantage from all the details in your analysis and have you organising it all more professionally.

Tip 1: More detailed prep to start the session

Most traders understand the value of a trading journal. Those who do keep journals usually take notes about their analysis and decision-making process after closing a trade.

However, on the occasions when they analyse an opportunity and decide not to take the trade, they have no record of it.

I realised that by doing this, I was holding back my trading in two major ways.

Firstly, I couldn’t look back and see where there were opportunities I was consistently filtering out that I should actually be trading (this one is a topic for another time).

And secondly, I couldn’t use the analysis again in the future (I’ll elaborate on this with the next tips).

Instead, I now create a daily page in a note-taking app (I prefer Notion or Roam Research). I’ll create sections for each of the markets I’m analysing and take bullet point notes explaining different parts of my analysis.

Here’s an example:

This is a bit more detailed than it needs to be. If you trade the same way each day, it’s likely you’ll be able to understand what you mean with just a short-hand description.

Since I trade intra-day or intra-week mostly, it means many of these analysis points will be changed and updated throughout the session. So each day I need a new document.

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The Duomo Initiative

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