---
type: postmortem
status: draft
trade-id: YYYY-NNN-SYMBOL-DIR
exit-date: YYYY-MM-DD
process-grade: A/B/C/D/F
author: Dennis Elgegren
---

# Post-Mortem — <TRADE_ID>

**Within 48h of exit. Process grade is independent of P&L.**

## 1. Outcome vs thesis

- Thesis: <link to thesis.md>
- Entry: <price>, planned vs actual
- Exit: <price>, planned vs actual
- Holding period: planned X days, actual Y days
- P&L: <number> bp of NAV (gross and net of slippage)

## 2. What worked

## 3. What didn't

## 4. Process grade

**A** — process perfect, P&L anything
**B** — right process, bad outcome (good loss)
**C** — minor process issue
**D** — bad process, good outcome (lucky win)
**F** — broke the framework (oversize, no stop, no invalidation, blackout violation)

Grade: <A/B/C/D/F>

Justification (one paragraph):

## 5. Luck vs skill attribution

What was signal vs noise in the outcome.

## 6. Lesson

One sentence. Concrete. Actionable. Goes into [[../03-research/lessons-learned]] (rolling doc).

## 7. Process impact

Did anything in this trade suggest the [[../00-methodology/decision-process]] or [[../00-methodology/risk-framework]] needs adjustment? If yes, file a change proposal in `90-archive/process-changelog.md`.