Effective Self-Feedback in Trading
The 5 Principles of Delivering Feedback to Yourself and Ensure Compliance
Find the audio version of this post at the bottom.
A big part of the job of a trader is to give feedback to yourself.
What makes this feedback effective is whether or not it is implemented.
Your job as the leader and employee of your trading business is to know how to deliver this feedback and then comply with the changes it prompts.
So much of the trader’s responsibility is to be an active learner and feedback seeker. There’s no space for passive behavior. To go against the grain, you need to be intentional.
If you can’t effectively give yourself feedback, you’re neither a good leader nor an employee of your trading business.
Under these conditions, there’s no business to be made — you’re not trading; you’re just… passively taking trades.
The way you give yourself feedback dictates, in large part, how you follow it, and that, in turn, dictates how fast you improve.
If you want to become a great leader in your trading business, you must learn effective feedback.
In this post, you’ll learn the five principles of effective self-feedback to speed up the progress of your trading business and your development as its leader.
Let’s get into it.