Every Cracking Trader Is A Player-Coach

There are 2 kinds of traders.

One views “coach” every bit a noun:  a soul who tin assist them.

The other views “coach” every bit a verb:  something they regularly *do*.

Every nifty trader is a player-coach:  performing together with working on performance.  How nosotros coach ourselves helps create upwards one’s heed how nosotros improve our decision-making, how nosotros conform to changing markets, together with how nosotros grow our trading.  

I similar the “STRIDE” model of coaching, because it starts amongst strengths together with targets:  edifice on what is working together with setting goals–and thence focusing on the challenges that stand upwards inwards the way of those positives.  

I too similar the model because it calls attending to the deviation betwixt goal-setting (targets) together with concrete planning to accomplish those goals (action steps).  A finish without activity steps is a fantasy.

Finally, I similar the model because actions are followed past times evaluation.  We’re ever keeping score, ever figuring out what’s working together with what’s not, together with using that data to feed hereafter targets together with actions.

Coaching yourself agency finding your STRIDE:  turning learning into a routine, robust process.

But, wait:  what if nosotros shout upwards of the STRIDE procedure every bit describing markets??

What’s going good inwards markets?  What’s working?
What marketplace patterns could survive traded better?
What are the obstacles to trading the patterns that the marketplace is giving to us?
What ideas convey nosotros traded?  What ideas are markets paying out?
What volition nosotros create to acquire into sync amongst the patterns markets are trading hither together with now?
How volition nosotros evaluate the inevitable changes inwards marketplace patterns?  Changes inwards our trading?

There are *two* learning curves inwards successful trading:

When nosotros apply the learning procedure to ourselves, nosotros deed every bit our ain COACH.

When nosotros apply the learning procedure to markets, nosotros deed every bit our ain MENTOR.

Many trading problems spill out because nosotros neglect to sustain i or both of those learning curves:  nosotros expire thence focused on trading that nosotros halt coaching together with mentoring ourselves.

Further Reading:  Mentoring together with Coaching
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