The successful traders, by a wide margin, tended to come from military and athletic backgrounds. That’s because these two types of people have something in common.<\/p>\n
And that is discipline.<\/p>\n
In that respect, athletes and military personnel aren’t all that different. They’re both used to prescribed routines. They’re also used to being in control of their emotions. They know how to perform under intense pressure.<\/p>\n
That’s not to say that other professions don’t have any pressure. My point is simply that if I had to identify professional backgrounds that are highly correlated with trading success, it would be those two. <\/p>\n
When I made this discovery, I became obsessed with figuring out how to effectively coach discipline into the traders I worked with.<\/p>\n
You see, most traders’ biggest problem is their struggle with discipline. What I’ve overwhelmingly found is that most traders actually know what a really good trade looks like.<\/p>\n
Their problem is they take too many bad trades<\/em>. If they don’t find an A+ setup, they’ll settle for a B- trade. And of course, those are the ones that end up being losers.<\/p>\n My solution was quite simple. If most folks struggle with discipline while trading, why not start off building discipline in other areas of their lives first?<\/p>\n Now don’t me wrong, I wasn’t about to order my traders to polish their boots and iron their uniforms…<\/p>\n Instead, I started treating my traders like athletes.<\/p>\nThe Three Pillars of Optimal Health Is About Performance<\/strong><\/h2>\n
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