Tuesday, May 10

Developing a Trading Process

Have you seen Virat Kohli T 20 performance  in 2016: 91, 59, 117, 106, 8, 90*, 59*, 50, 8, 49, 56*, 41*, 23, 55*, 24, 82*, 89*, 75, 79, 33, 80, 100*, 14, 52, 102*. He has not achieved this due to some luck, it was the culmination of years of practice translated into a giving the best performance on consistent basis.
So how does this relate to trading? Very simply, in every profession, there is a process that hugely successful individuals repeat day in and day out. The great ones have a process that they execute almost automatically. So, if it's the process itself that pays such huge rewards, traders should ask themselves this question, "how much time should I spend developing and honing my process?"
Let's look at another example

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