Following up on the previous webinar on Principles, in this
webinar we focus on the three parts that form the
basic structure for your Trading Culture. The three
parts are options and alternatives, deciding, and planning.
Why these topics? Because
most traders make decisions based on minimal
exploration and planning.
From what we've learned over the years by asking countless
questions, is that most of the time it's more comfortable and expedient
not to plan and deal with the 'known' versus the 'unknown' and
the 'doing' versus
Phase II, focuses on:
Your Options, incorporating
both hemispheres of the brain. This will help you make the
high-probability, informed decisions based on your age and
stage as both a trader and an individual.
- Selecting the
Options that 'Fit' you, by determining the decision
process best suited to the type of decision
you want to make. This part also looks at both right
brain (intuitive) and left brain (quantifiable) decision-making
Your Plans, first looks at different types of
planning such as strategic, long-range, and project plans, in addition
to three types of plans that support traders: their trading business
plan, their trading plan, and their trading performance plan.
This part of Phase II also looks at how effective plans are
based on the values, vision, goals, objectives, purpose, and present
position of the trader.
video is a recording of the Trading Culture -
Phase II webinar: Strategies: The Context of Your Trading