As traders, our journey towards success involves continuous learning and self-improvement. This month, I had the privilege of a coaching session with a performance coach who helped me identify areas of improvement that I may have overlooked. In today's blog, I want to share the valuable insights gained from our discussion. While I believe this blog helps me more than my readers, I invite you to join me on this introspective journey.
One of the fundamental aspects of personal growth is being honest with ourselves. During the coaching session, I reminded myself to be on my best behavior and embrace the truth. It is crucial to engage in self-reflection and identify the motivations behind our actions. We must remember to do things for the right reasons, not for the sake of pleasing others or seeking external validation.
The conversation delved into the topic of breaching funded accounts after experiencing a lengthy drawdown period. We acknowledged that such periods can be mentally draining and challenging. However, we agreed that breaching the account can sometimes bring a sense of relief. It's essential to stay focused on the bigger vision, trust the process, and maintain a healthy level of confidence in our abilities.
The coaching session highlighted some keys to longevity in the trading profession. The best traders, as coached, tend to be highly organized. They understand the importance of regularly journaling their trades, reflecting on their decisions, and identifying patterns. By consistently documenting their experiences, they gain invaluable insights that contribute to their growth and success.
A crucial aspect of longevity and emotional well-being in trading is the ability to trade without expectations. This means detaching ourselves from the outcome of each trade and focusing on the process itself. By removing expectations, we free ourselves from unnecessary pressure and allow our decisions to be based on objective analysis and strategy.
Engaging in a monthly performance coaching session has proven to be a valuable investment in my trading journey. It provides me with a fresh perspective, helps identify areas of improvement, and keeps me accountable. While this blog may serve as a personal reflection for myself, I believe that sharing these insights can inspire others on their own trading path.
As traders, let us strive for continuous growth, embracing self-honesty, focusing on our vision, and trading without expectations. By organizing our thoughts, journaling regularly, and trusting the process, we set the stage for long-term success and fulfillment in the dynamic world of trading. Remember, it's not just about the trades we make, but the journey we embark on to become the best version of ourselves as traders.
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