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    Accountability For Trading Success - The Chartist

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    Rodrigo Manzur

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    Accountability For Trading Success - The Chartist

    Uploaded by

    Rodrigo Manzur
    37 views2 pages

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    Accountability for Trading Success - The Chartist

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    Copyright:

    © All Rights Reserved
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    37 views2 pages

    Accountability For Trading Success - The Chartist

    Uploaded by

    Rodrigo Manzur

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    ABOUT MEMBERSHIP MENTOR COURSE SHOP KNOWLEDGE CENTRE CONTACT MEMBERS LOGIN  SIGN UP

    Accountability for Trading


    Success
    Articles by
    Group
    Shares (Stocks)

    Press

    Trading Psychology

    Trading Words of
    Wisdom

    Better Trading Series

    Stock Trading Questions

    Videos
    In a recent article we spoke about the isolation that can come through
    trading for a living.  So, how can isolation lead to accountability issues? Glossary

    Beginners

    In a normal day job, most people are accountable to their immediate


    manager and may have KPI’s to meet. As a minimum the manager is
    keeping a watchful eye over what you’re doing.

    Yet for traders, who generally work from home alone, the situation is very
    different.

    Do we need to keep ourselves accountable as


    traders?
    YES. 

    Improving and succeeding in our trading must be combined with record


    keeping methods that measure our success.

    If we can’t measure what we’re doing, then we can’t objectively assess


    whether we are progressing or regressing as a trader. 

    When working solo, it is easy to become complacent. Yet daily report


    cards or documenting results through share trackers can become
    extremely important. 

    Some traders keep a diary or thought journal. They track their internal
    data such as thoughts, emotions and behaviours associated with their
    trading day.
    This daily routine takes discipline. And being accountable to yourself is
    never as powerful as being accountable to someone else. However
    without this discipline you will find it difficult to achieve your desired
    trading goals. 

    Why is accountability important?


    1) Accountability will improve your performance at an accelerated rate

    2) Accountability helps you measure your success and therefore your


    progress

    3) Accountability keeps you focused

    4) Accountability will help validate the systems and strategies you are
    employing

    Mastering the markets means you have to take control and start holding
    yourself accountable for your results, good and bad. 

    Keeping a daily journal can weed out negative issues, limiting beliefs, and
    destructive emotions that may be leading you to violate your trading rules
    and systems.

    Want to bring your A-game to the table every day that you trade? Then
    hold yourself accountable by tracking your trades and keeping a daily
    journal.

    FSG PRIVACY POLICY RISK STATEMENT REFUND POLICY TERMS & CONDITIONS

    CONTACT

    © THE CHARTIST PTY LTD 2022


    THE CHARTIST PTY LTD IS A CORPORATE AUTHORISED REPRESENTATIVE (CAR NO. 1282007) OF SHARTRU WEALTH MANAGEMENT PTY LTD ABN 46
    158 536 871, AFSL 422409.
    THE CHARTIST PTY LTD, PO BOX 721 NOOSA HEADS QLD 4567 | PHONE: +617 5473 5743

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