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High-Performance Trading: Harnessing the Power of the Mind
Numbers in high-performance trades can be abstract to the human mind. Money works for traders, so their minds should work for them as well. Addressing self-imposed obstacles, abstract thinking, and focus is essential for achieving high performance.
A professional who thinks and communicates clearly is the key to success. In finance, the motto, "I will tell you what makes you uncomfortable, but you'll make so much money that you may ask to continue," seems fitting when guided by an expert.
Reducing the time it takes to identify and overcome self-imposed barriers is a crucial factor in climbing the ladder of success, especially when a great opportunity arises. Overcoming these obstacles has an equal effect on daily life: health, relationships, family, friends, hobbies, and more. The secret is to recognize that there is no secret.
In the TV show Billions, Wendy Rhoades softens and personalizes her approach when speaking to traders, including the hedge fund owner. The show demonstrates how she communicates honestly without fear of upsetting others, losing her job, or feeling insecure.
That's precisely what a person being coached needs to experience in their coach: having someone articulate what they already know but haven't fully realized. This coaching practice is well-accepted in the US, as Ari Kiev demonstrated at SAC. It is not yet as widely accepted in Japan, Europe, or South America, leading to the notion that those who start practicing it are ahead of the curve in terms of coaching itself and innovation in the thinking process.
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© Santiago Dayenoff, 2023
Sumate a mi lista:
Diseñado por Metamensaje
© Santiago Dayenoff, 2023