Traders wisdom part 6

The comparison is often made between Traders and athletes but there,s one main difference with them and a trader .


Practice day in day out in preparation for there game, which may only last a few hours .

“Football, running, boxing, etc “

They work on weaknesses in training then strengths in the lead up to an event and during the event itself in order of executing there Game plan .

2 ) DayTrader

For traders we must day in day out execute OUR game plan

Our game intensity is on a much harder level continually 24/5 and we must be ready to act and always be on our game .


This is not to take away from what athletes do when they “train” hard to create success and execute there Game plan , but to simply point out that slight difference in comparison where both arenas differ completely .

To perform consistently we as Traders must think consistently making a daily commitment to implement our winning mindset / Trade plan irrespective of the outcome of any individual trade that takes place each Day .

The only Game on the planet where the world gets together and Financial warfare takes place … Fortunes are made and lost not with the sound of a Gun but a click of a button .

We must always Take first place we cannot afford to come in second and join the 95% of traders who simply fall by the wayside .

Mental preparation and 100 % focus is needed in this game ~

The baldy one has spoken – Copyright © 2010 tweeterTrades

Traders wisdom Edition


2 responses to “Traders wisdom part 6

  1. Totally agree with post. I think that sport psychology is a must research subject for any trader looking to perform at the highest level. Here is details of how it helped me.

  2. Very good post.

    I’ve been The Athlete and am now The Trader.

    One other aspect which is common to both is psychology; and I’ve turned to it in each to overcome the challenges that separate the 95% from the 5%.


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