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Self-Coaching for Trading Newbies: Part I

Take a look around the internet for Fund performance reports. I bet you’ll see that there are professional traders or managers who are seriously lagging behind benchmarks, a smaller group who are in the middle of the pack, and then very few (both known and unknown) who are having rock star years. Now that everyone has access to the same information, the difference between the performance results is arguably the level of skill an individual or team has in understanding forex market behavior, consistent execution , avoiding mistakes, minimizing losses, and maximizing opportunities. One of the best ways to overcome the long learning curve and shorten the road to competency – and eventually skill mastery – is having a mentor or coach to guide the way. Unfortunately, unless you’re among the few who has worked their way into a hedge fund, proprietary trading firm, or institutional trading team, your access to an experienced and willing coach is probably slim to none. And yes, there are knowl



This post first appeared on Trading Blogs And Financial Markets Analysis, please read the originial post: here

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Self-Coaching for Trading Newbies: Part I

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