Coaching: A Fast Track to Top Trading

To become a highly successful trader in the shortest amount of time takes the skills of professional coaches to assist the want-to-be trader in reach this fast track goal.

When a novice begins to think about becoming a trader, he has the dream of already having achieved his goal.

He sees himself:

• Understanding how markets work
• Knowing a well defined strategy
• Earning a high level of profit
• Deserving the high accolades of the significant people in his life
• Seeing himself accomplishing this within a short period of time

 The truth is that most traders won’t reach their goal because:

• They want to do it themselves
• They don’t want to spend the money or don’t have the money to invest in themselves
• They are ignorant about the value of coaching

 What to look for in a coach:

• Experience of working with many traders
• Is well known among the best in the field
• Has written many books and articles
• Has worked with both beginning and advanced traders who give high endorsements
• Is successful in their own life

 Types of coaching for traders

 A top Trading Coach is someone who:

• Teaches the basics of the markets
• Teaches the interrelationships between all markets
• Teaches specific strategies
• Teaches money management
• Helps guide you back to profits when you go through a series of losses
• Knows how to motivate you and keep you on the right course

 A top Trader’s Coach is someone who:

• Works with you on balancing your life
• Knows when your strategy will not work and directs you to the right trading coach for you
• Helps you to overcome self-imposed limitations
• Assists you in letting go of issues of the past that hold you back from your best self
• Works with you on overcoming limiting beliefs, attitudes, values and loss issues
• Recognizes your conflicts and guides you towards eliminating them
• Motivates and guides you to each new level of success
• Works with you on a plan for your life to support top trading

The final frontier

George had been working on becoming a trader for 10 years. He read a few books, but it was mostly by trial and error (mostly error) that he learned to be profitable. This profit came after having lost over $50K and whatever value he put on his time. While George was earning a profit, it was barely enough to maintain his trading business, let alone his lifestyle.

When George came into some inheritance, he decided to attend the Trader’s Expo in New York. Listening to some of the speakers, it highlighted many of the mistakes he made along the way.

George told me his story after attending my talk and asked if there was someone who I would recommend to him as a trading coach. I recommended one of my students, because I knew that he needed one-on-one coaching at a fast pace. Between working with his trading coach and working with me, George became a highly profitable trader within three months. Of course, all of the work on his own put him on a faster track than most people.

Conclusion

The percentage of people who become highly successful traders by working with a trading and a trader’s coach is substantially higher than those who try to do it on their own. Of course, time and potential losses add to the mix of why it should be compelling for a trader to want to coach their way to success.

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Adrienne Toghraie coaches traders and investors to their next level of success by helping them overcome their self-imposed limitations. She has been a keynote speaker since 1989 and authored 13 books.