Survive and Thrive...


I was commenting on a forum regarding how traders must adopt a disciplined approach to executing strategies and individual trades ......

in this way focusing on perfect execution will pretty much guarantee positive profit outcomes over time - assuming the strategy being executed is a robust and logical one with proven backtested profitability

I commented :-

I remember attending some seminars by Steve Ward a high performance trading coach ...the guy coaches some of the most successful Traders and Teams in the world.

he talked a lot about high performance teams and individuals in ridiculously stressful situations

SAS , Navy seals , swat teams , Stunt teams , racing drivers .....commercial divers etc etc

the reason they survive and are successful is all down to focusing on perfect execution and adapting to the changing situation REAL TIME ..............the outcome then takes care of itself ......and the odds get stacked heavily onto success

they drill and practice for every situation ....24/7 ..... 365.....nothing is left to chance

....

this is probably more relevant to scalpers (and i talked to Steve a lot about my scalping)........but this is how a trader needs to develop themselves and their approach to trading .............disciplined, risk managed and flawless execution....

survive and thrive......

N


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