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zdo

They Don’t Schedule the Championships in Trading

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In sports and gaming, the interested parties know ahead of time when the big tournaments are scheduled. Football players and fans know when the playoffs and super bowl is. Basketball, baseball, tennis, golf, Olympics, hockey, poker, racing, martial arts, …even frekn bingo…

 

Are you deep in awareness that we’re starting to wrap up a championship in trading that started just over a week ago? You know they don’t come along that often? Were you prepared? Have you played like a champion?

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As my great grandpa used to say - “outta breath and plum wore out”

 

In all performance activities, trading included, it’s not how well the player ‘strokes and strikes’ in general. Rather, it’s how well he or she ‘strokes and strikes’ when experiencing exhaustion and ‘running out of juice’ that makes the champions.

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Finish Strong. Finish Stronger.

 

Just got off the phone a little while ago with a trader friend up in Toronto. It inspired this thread. We talked a little about the trading over this last week, and he said he had backed off. He used typical phrases like “crazy volatility”, “more prone to errors”, “usual way of knowing where to place stops didn’t work”, etc. and after I shared some things he then opined that I should have “taken a break” on Tuesday.

I went off on him!

‘Tactically fit’ winners continue to raise their game into and until the end of the championship!

 

As a very, very green trader in ‘87, I participated early, then through Monday morning I watched my 'mentors' and others go into ‘stand aside’ mode and got sucked in…

The trading capital was ‘safe’, but I paid in inner capital big time (and not just in coulda, shoulda, woulda’s). Never again! These “championships” don’t come along every day… or even every year…

 

Have I reached my potential this championship? No!

But I have raised my game every day except one and if the ‘championship’ continues I can raise my game more... even if it goes on for weeks.

Btw, this is not about ‘holding some back’ either. It’s more about putting all my heart and soul into having more heart and soul to “finish strong”

 

… and, yes, I do need “rest” but I’ll get it when this is over …

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zdo:

 

Great analogy. Being "in the zone" where the relevant issues slow down and the brain is better able to filter out noise has it's place in trading. I believe outstanding results in

gaming in general has this element present. I know I have felt this rarely while golfing

and playing duplicate bridge.

 

I also think your 'championship" is going to present over a lengthy time frame so

keep feeling it.On the other side of the coin "hitting the wall" so to speak, will allow

noise to become louder and disimprove analysis.

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