Feedback is essential for improving your technical analysis skills, but sometimes you may not understand what your reviewer is trying to tell you. Maybe they use unfamiliar terms, vague comments, or contradicting suggestions. How can you use this feedback to improve your work, instead of feeling frustrated or confused?
The first step is to ask for clarification from your reviewer. Don't be afraid to admit that you don't understand something, or that you need more details. Explain what you are unsure about, and ask specific questions to get more insight. For example, if your reviewer says that your trend lines are inaccurate, you can ask them to show you how they would draw them, or what criteria they use to define a trend.
Se n?o entende o feedback, pe?a mais explica??es. Reflita sobre isso e converse com outros. Fa?a mudan?as no seu trabalho com base no que aprendeu. Continue pedindo opini?es e ajuste conforme necessário. Assim, você melhora.
Feedback is crucial for the person to scale up quality of delivery and howsoever ambivalent the feedback, if opportunity presents for seeking clarification, the person should opt for it as it is more value addition for her/him.
Clarify the Feedback: As you mentioned, start by asking for clarification to ensure you understand the feedback fully. This might involve requesting specific examples or a demonstration. Reflect on the Feedback: Take some time to reflect on the feedback you’ve received. Consider how it aligns with your own perceptions of your work and where you might have gaps in your understanding or skills. Develop an Action Plan: Based on the clarified feedback, develop a plan for how to address the issues. This might involve learning new skills, adjusting your approach, or seeking further input. Implement Changes: Put your action plan into practice. Make the necessary changes to your work, whether it’s redrawing trend lines or re-evaluating
Search for the piece of gold in the pile of sand! If the reviewer cannot be contacted for clarification, it is worthwhile to check if the feedback (or parts of the feedback received) are valid by recalling the different interactions with the reviewer. It is probable that this exercise can result in obtaining one or two areas of development, which can be focus areas for the future.
Feedback Unclarity is due to communication flaws. Communication consists of three parts a sender, a message and a receiver Each message is encoded by the sender and decoded by the receiver. Factors that effect the receiver, decodes a message are called noise, environment, experience and knowledge & the component of effective communication are: *Non-Verbal *Paralingual *Words *Effective listening *Active listening *Giving feedback Other factors that in the way of Communication to to get are Communication blockers *Noisy surroundings *Distance *Improper encoding *Negative statement *Hostility *Language & Culture Considering all above impediments you may conduct analysis quick and fast to become accurate & reliable without any ambiguity.
The second step is to compare the feedback you received with other sources of information. You can look at examples of technical analysis from reputable websites, books, or courses, and see how they match or differ from your reviewer's feedback. You can also seek feedback from other technical analysts, and see if they agree or disagree with your reviewer. This way, you can get a broader perspective on your work, and identify common or divergent points of view.
Comparing feedback received with other sources of information has been invaluable in refining my technical analysis skills. Recently, I received feedback on a market analysis report I had prepared. The reviewer pointed out some areas for improvement, such as the need for more detailed trend analysis and clearer explanations of my reasoning. To validate feedback, I consulted reputable websites, books, and courses on technical analysis. I found examples that aligned with the reviewer's suggestions, confirming the importance of enhancing my trend analysis and clarity in explanations. They provided additional insights and confirmed the reviewer's feedback regarding the need for more detailed analysis.
Gather More Opinions: Don’t rely on just one source of feedback. Seek additional opinions from colleagues or experts in your field to gain a broader perspective and understand if the feedback is a common viewpoint or an outlier. Research Established Standards: Investigate best practices within your field. This can help you determine if the feedback aligns with industry standards and where your work stands in comparison. Benchmark Your Work: Compare your work with that of peers or leaders in your field. Identify areas where you excel or need improvement. Consider Constructive Criticism: Similar feedback from multiple sources indicates areas needing improvement.
The third step is to apply the feedback you received to improve your work. You don't have to accept or follow every suggestion, but you should consider them carefully and test them out. Try to understand the logic and reasoning behind the feedback, and how it can help you achieve your goals. For example, if your reviewer suggests that you use a different indicator, you can research how it works, how it can complement your existing analysis, and how it can improve your trading decisions.
Assess Each Suggestion: Not all feedback will be equally useful. Evaluate each piece of advice on its merits and relevance to your goals. Test New Ideas: Implement suggestions on a small scale to test their effectiveness. For instance, if a new indicator is recommended, apply it to past data to see if it would have improved your analysis. Understand the Rationale: Comprehend why each piece of feedback was given. What problem does it aim to solve? How does it contribute to your objectives? Integrate What Works: Once you’ve tested and understood the feedback, integrate the successful elements into your regular practice. Monitor the Impact: Keep track of how changes affect your work. Are you getting closer to your goals?
The fourth step is to document the feedback you received and how you used it to improve your work. You can create a feedback log, where you record the date, source, and summary of the feedback, as well as the actions you took and the results you achieved. This way, you can track your progress, see what works and what doesn't, and avoid repeating the same mistakes. You can also use this log to show your reviewer how you implemented their feedback, and ask for further guidance or validation.
Create a Feedback Log: Set up a log to record feedback details. Include the date, source, and a summary of the feedback. Record Actions Taken: Note the specific actions you took in response to the feedback. Track Results: Document the outcomes of the actions you took. Did they improve your work? Analyze Effectiveness: Use the log to evaluate what strategies are working and which aren’t. Avoid Repetition: The log helps you avoid making the same mistakes by providing a historical record. Share with Reviewers: Show your log to reviewers to demonstrate how you’ve applied their feedback. Seek Further Input: Use the log as a basis for further guidance or validation from your reviewers.
The fifth step is to evaluate the feedback you received and how it affected your work. You can use various criteria to assess the quality and usefulness of the feedback, such as accuracy, relevance, specificity, timeliness, and constructiveness. You can also measure the impact of the feedback on your work, such as accuracy, clarity, consistency, and profitability. You can use this evaluation to identify the strengths and weaknesses of your work, and the areas where you need more feedback or improvement.
Assess Feedback Quality: Use criteria like accuracy, relevance, specificity, timeliness, and constructiveness to evaluate the feedback. Measure Impact: Determine how the feedback has influenced your work’s accuracy, clarity, consistency, and profitability. Identify Strengths and Weaknesses: Use the evaluation to recognize what you’re doing well and where you need more feedback or improvement. Implement Changes: Apply the feedback to enhance your work, focusing on areas identified as needing improvement. Seek Continuous Improvement: Continually evaluate feedback and its impact on your work to consistently refine and improve your output.
The sixth and final step is to thank the reviewer for their feedback. Regardless of whether you agree or disagree with their feedback, you should appreciate their time and effort to help you improve your work. Express your gratitude, acknowledge their expertise, and highlight what you learned from them. This way, you can build a positive relationship with your reviewer, and encourage them to give you more feedback in the future.