If you look at what makes athletes elite, it's composure under extreme pressure
People tell themselves they don't have what it takes. But once you reverse engineer what's required, it becomes more achievable
What actually constitutes composure?
- Extreme planning - Desensitisation through repetition - Meticulously critiquing your methods - Removing outside noise - Obsession with being great at one thing
The mistake people make is believing trading is one thing. That's like saying sport is one thing
- Tennis players specialise in surfaces. Some perform better on clay, others on grass - Boxers fight in weight classes - Footballers have positions where they excel. They might be better suited to 5 a side than 11, perform better on the right over the left - A marathon runner and a sprinter are both "runners" but they're completely different athletes
Trading is no different
Peel back the layers of anyone great at anything and you'll notice similar patterns. Discipline. Hard work. Niche. Sacrifice. Consistency. Pain. Failure
That's what being composed actually entails
So instead of saying "I'm not composed" or "my psychology is bad"
What people are actually saying is they're poor at planning, they don't have patience for the reps, they aren't willing to make sacrifices, they're afraid of failure
But trading adds another layer. Even when you're good at it, failure is still a constant. Taking a loss is completely normal. This is foreign to us. We're wired to believe once we're good at something, we rarely get beat
This is our kryptonite. The inability to accept a loss is what stops people winning in the long run
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What makes someone elite?
If you look at what makes athletes elite, it's composure under extreme pressure
People tell themselves they don't have what it takes. But once you reverse engineer what's required, it becomes more achievable
What actually constitutes composure?
- Extreme planning
- Desensitisation through repetition
- Meticulously critiquing your methods
- Removing outside noise
- Obsession with being great at one thing
The mistake people make is believing trading is one thing. That's like saying sport is one thing
- Tennis players specialise in surfaces. Some perform better on clay, others on grass
- Boxers fight in weight classes
- Footballers have positions where they excel. They might be better suited to 5 a side than 11, perform better on the right over the left
- A marathon runner and a sprinter are both "runners" but they're completely different athletes
Trading is no different
Peel back the layers of anyone great at anything and you'll notice similar patterns. Discipline. Hard work. Niche. Sacrifice. Consistency. Pain. Failure
That's what being composed actually entails
So instead of saying "I'm not composed" or "my psychology is bad"
What people are actually saying is they're poor at planning, they don't have patience for the reps, they aren't willing to make sacrifices, they're afraid of failure
But trading adds another layer. Even when you're good at it, failure is still a constant. Taking a loss is completely normal. This is foreign to us. We're wired to believe once we're good at something, we rarely get beat
This is our kryptonite. The inability to accept a loss is what stops people winning in the long run