ABOUT

Refine your trading process | Understand & counteract your biases | Gain self awareness | Define action plan | Achieve & maintain peak performance 

Strategic coaching will provide you with…

A clear definition of short and long term objectives and a detailed plan for how they will be achieved. 

In depth discussion of trading process (what set ups to look for, sources of information, formulating a checklist, categorizing conviction, adaptability to market environment) – leading to a set of rules tailored to amplify strengths and create a robust framework. 

A system for monitoring progress (trade blog, trade data mining, analysis of repetitive positive and negative outcomes) 

Having an underlying process that is replicable, a mindset that is stable and the self awareness to know when the decisions you are making are being skewed by emotional bias, are all factors in skewing probabilities in your favour.

I have worked with CEOs and Trading heads to refine business strategy in the following areas:

  • Motivation – individual and team
  • Remuneration
  • Dispute mediation
  • Setting and communicating goals

MSO Advisors tackles:

Trading process

What analysis do you rely on? Fundamental, Technical, Positioning, Trigger events etc.

Do you have a core belief your process is suitable for the current market paradigm?

How do you know when the process needs to be adapted or is it simply a question of riding out the storm?

How do you decide on sizing? Do you grade your conviction?

Do you effectively use trading history and data to get objective signals regarding your biases?

Mental process

Can you gain more from it than only financial reward?

How often do you experience emotional extremes?

What do you do to stay balanced?

What causes volatility in discipline?

How easily do you learn from mistakes?

What are the primary emotional inputs that affect your decision making?

Are you using the data you have available to help you understand your biases?

Self-awareness

Mindfulness has been shown to enhance self-insight, morality, intuition and fear modulation, all functions associated with the brain’s middle prefrontal lobe area. 

Mindfulness has been shown to increase information processing speed and focus.

At work or at home, it is much easier to achieve a desired result if we can separate the thoughts that are assisting us from those that are hindering us.

“Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology, their own feelings and the mass psychology of markets”.

Alexander Elder

Benefits of company-wide coaching

A firm-wide coach will see patterns within an organisation.

Without breaching trust, simple suggestions of how to address group issues can be made. 

Encouraging individuals to use each other’s strengths and avoid unconsciously projecting personal issues on colleagues increases productivity.

Contact

Paresh Patel