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i have been trading on and off for 10 yrs partime . I have a small busines that makes me money so when trading parttime i make money .I have tried trading fulltime twice and didnt do too well to over trading . I have a solid trading plan and am going to try fulltime again in sept . But would like a performance coach to read my daily trading journals and monitor my performance as an outsider . more to coach my mental game . Do they have people like this and where do you find them ?
Can you help answer these questions from other members on NexusFi?
.most trading coaches train on a trading system. But i believe there are alot of demons in our subconscious sabotaging us without most people not having a clue its happening. i found a coach that concentrates on the mental aspects of trading . ITs crazy but in the 1st 2 weeks she has brought to my attention my limiting beliefs on money etc . You have to be pretty open-minded to these head shrink techniques. but will see where it takes me.
OBS is free, a lot of the streamers use it and you can record your screen as well with webcam or not, you customize whats on the screen its recording/streaming.
I remember recently someone I have helped to better understand the markets asked a reasonably well known (but not one of the main 'names') 'trading psychologist' for help and was quoted $5k for ten weeks, with one session a week scheduled and 'unlimited' email access.
Is there value there? Depends on how you look at it, but you could get quite a few sessions with a phychologist for that. Costs are always something you want to keep low.
i have a trading plan which i am happy with. So the coaching is more of a mental coach . Looking for a smoother equity line . things working on
- trading as a business - i traded part time before so thought of trading as FU money -greed
- concentrating on small losses and not worrying about profits
- trading less with bigger targets .use to trade about 20 trades a week now doing about 5-8
- changing 30yrs of working mentality you need to work ( be trading ) to make more money etc
I always thought that if a person had already been in some business before, it would be much easier for him in trading.
But here's how it turned out that a person may just not have enough time. Because any business requires time and effort. Yes, this is really difficult.