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Phase two success measured by learning and progress, not P&L; following system matters more than monthly profits.

From The Exact Reason You Haven't Made It As A Trader Yet · jumps to 7:02 · speech

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You're writing it down, you are tracking it because we can improve things that we're not tracking and in phase two, your success is not the P&L that you have at the end of every month. Your success is whether or not you're actually learning. Are you making any progress, right? So you're applying your system all month long, you end up losing money but every trade you took followed your system, that is a winning month in phase two. If you have a winning month on paper, you made money but you weren't following your system, you made some bad choices but got bailed out by the market, that is a losing month in phase two. Your P&L is whether or not you're learning and you're progressing.
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