What You Can Learn From Great Sportsmen to Improve Trading
Trading is a performance game and there are a lot of similarities
between trading and sports. Sports,like Tennis/Cricket/Soccer offers a
variety of concepts that can be translated to trading. The mentality,
the thought process and the preparation that comes with professional
sports illustrates nicely how a trader should approach trading and what
to do in order to increase trading performance.
Furthermore, professional athletes never stop working on their skills. Each and every day they practice the fundamental concepts in their fields in order to make them even more effectively and efficiently. But professional athletes, not only work on their physical skills, but they also do mental training to create a complete athlete.The only difference between a normal player and Champion is his/her mental skills. Same thing can be applied to trading, great traders are mentally very strong and series of looses do not make them weak emotionally and they get back on their feet and make big.
Is your trading routine and
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What you don’t see makes all the difference
A boxing match usually does not last for more than 1 hour,Tennis Match 3-4 Hours and soccer matches go for 90 minutes. The audience admire the skills of professional athletes who make it look so easy and effortless.As Wimbeldon is going on, many people wonder How Roger Feeder is able to play such a phenomenal tennis at 33. What the spectators don’t get to see is the work that is required to make it look so easy. Professional athletes start their careers when they are still kids and by the time the public gets to see them, they have been practicing daily for years or decades.“If you fail to prepare, you’re prepared to fail.”– Mark Spitz
Furthermore, professional athletes never stop working on their skills. Each and every day they practice the fundamental concepts in their fields in order to make them even more effectively and efficiently. But professional athletes, not only work on their physical skills, but they also do mental training to create a complete athlete.The only difference between a normal player and Champion is his/her mental skills. Same thing can be applied to trading, great traders are mentally very strong and series of looses do not make them weak emotionally and they get back on their feet and make big.
Is your trading routine and
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