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Good Traders Are Like High-Performing Athletes

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Thu, Jan 11, 2024 12:31 AM

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Good traders are the same as high-performing athletes. Good Traders Are Like High-Performing Athlete

Good traders are the same as high-performing athletes. [Jeff Clark's Market Minute]( Good Traders Are Like High-Performing Athletes By Imre Gams, analyst, Market Minute I think of trading as a competitive sport. And good traders are the same as high-performing athletes. Over the last 15 years, I’ve had the opportunity to coach thousands of traders. Most of these folks didn’t come to me with prior industry experience. Many of them had their own day jobs. They were teachers, engineers, surgeons, enlisted military. A few were even former professional athletes themselves. One thing that quickly became clear is there was a pattern between those traders who were successful… and those who weren’t. Discipline Is the Common Key The successful traders, by a wide margin, tended to come from military and athletic backgrounds. That’s because these two types of people have something in common. And that is discipline. In that respect, athletes and military personnel aren’t all that different. They’re both used to prescribed routines. They’re also used to being in control of their emotions. They know how to perform under intense pressure. That’s not to say that other professions don’t have any pressure. My point is simply that if I had to identify professional backgrounds that are highly correlated with trading success, it would be those two. When I made this discovery, I became obsessed with figuring out how to effectively coach discipline into the traders I worked with. You see, most traders’ biggest problem is their struggle with discipline. What I’ve overwhelmingly found is that most traders actually know what a really good trade looks like. Their problem is they take too many bad trades. If they don’t find an A+ setup, they’ll settle for a B- trade. And of course, those are the ones that end up being losers. My solution was quite simple. If most folks struggle with discipline while trading, why not start off building discipline in other areas of their lives first? Now don’t me wrong, I wasn’t about to order my traders to polish their boots and iron their uniforms… Instead, I started treating my traders like athletes. Recommended Link [Buy These “AI 2.0” Stocks Before January 30th]( [image]( Last year, the release of ChatGPT sent shockwaves through the stock market: - Nvidia rocketed from $135… to over $500 per share - Facebook’s stock tripled - And Microsoft added $1.1 trillion in value Whether you dabbled in these investments or not… I’m sure you share this feeling that something was a little “off.” Well, you were right… ChatGPT was only the “1.0” phase of a coming $200 trillion boom. An opportunity we call “AI 2.0.” We identified Nvidia as a strong buy more than 7 years ago before it jumped 8,300%... Now we’ve uncovered 3 new AI stocks that could earn you 10X by 2025. [But you must move by January 30th (watch the full video here).]( -- The Three Pillars of Optimal Health Is About Performance On December 18, I shared my [three pillars of optimal health]( with you. In that essay, we focused on diet and nutrition – key aspects of athletes’ lives. Because this topic is a bit different from our usual beat of covering the markets, I asked for feedback on whether this kind of thing is interesting to you or not. The response has been overwhelmingly positive. Thank you if you wrote in with your thoughts and opinions. The next pillar of health we’re going to dig into is sleep. But first, it was important to set the stage. My focus on the three pillars goes beyond just trying to optimize health. It’s really about optimizing performance, too. Free Trading Resources Have you checked out Jeff's free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career – at zero cost to you. Just [click here]( to check it out. Stack the Deck in Your Favor An athlete at the top of their game makes use of every advantage they can have over their opponent. They’ll eat well, sleep well, and of course train well. And when it’s finally time to compete for real, they’re confident knowing they’ve stacked the deck fully in their favor. It’s no different for traders. And I can personally guarantee you the benefits from optimizing your health will translate directly into better trading results. Happy trading, [Signature] Imre Gams Analyst, Market Minute IN CASE YOU MISSED IT… [Elon Musk’s Dirty Diesel Secret (and 1 stock to profit)]( With 98 charging bays, the Harris Ranch facility in California is the largest EV charging station in the world. Recently, a shocking report revealed this Tesla facility runs on diesel generators! The renegade journalist who discovered this bombshell said: “The company was running diesel generators to power additional Superchargers to handle the holiday rush, their exhaust mingling with the unmistakable smell of bulls—t.” Still yet to comment is the eccentric Billionaire CEO of Tesla, Elon Musk. But according to former Wall Street insider & financial investigative journalist Nomi Prins… Musk is on damage control behind the scenes – as he prepares the rollout of [a new battery tech]( called “Forever Lithium.” This breakthrough not only promises to put Musk’s PR nightmare behind him… But could lead to astronomical profits for investors in an [obscure Indiana supplier firm](. [Click here to watch a live ‘demo’ of Forever Lithium (and how to profit).]( [image]( [Jeff Clark's Market Minute]( Jeff Clark Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.jeffclarktrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Jeff Clark Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-752-0820, Mon–Fri, 9am–7pm ET, or email us [here](mailto:contactus@jeffclarktrader.com). © 2024 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. [Privacy Policy]( | [Terms of Use](

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