Link: What to Look for in a Good Trading Coach

Jan 7, 2008: 12:11 AM CST

The Lonely Trader recently posted a very detailed post entitled “What I would look for in a Trading Coach“.

I highly recommend the post and offer a few points in summary from the article:

“[Avoid] coach or mentor with too many endorsements on internet….”

“[Avoid] someone who appears to take a cookbook approach, or has a one-size-fits-all course of instruction.”

According to the Lonely Trader, the perfect coach should:

  • “Be keenly interested in my trading history, current performance and long term goals;

  • Thoroughly assess my current skill level, as well as my current trading attitudes;

  • Push me out of my comfort zone at all times, constantly challenging me to sustain a high level of motivation;
  • Share ideas, methods and tools that develop skills, habits and traits conducive to successful trading; and
  • Willingly provide evidence of trading credentials – not to mention credible references.”

The concluding thought is the strongest: “To ensure the greatest possibility for success, the relationship should be a meaningful collaboration between teacher and student.”

View the full article for personal experiences and more insights.

3 Comments

3 Responses to “Link: What to Look for in a Good Trading Coach”

  1. Paul Says:

    Hello Corey,

    Do you know of any free service that provides MOC (market-on-close) imbalance on DOW stocks, which comes out at 3:40 pm.

    Thanks in advance,
    Paul.

  2. Corey Rosenbloom Says:

    Paul,

    Oh gosh, no, not off the top of my head. There are plenty of services which provide closing data – too numerous to list, but I know of none which specifically show imbalances.

    I invite any reader to comment and post a link here to help us out.

    Corey

  3. Trading Coach Bernie Ebner Offers Top Notch Training As THE Trading Coach Says:

    […] #split {}#single {}#splitalign {margin-left: auto; margin-right: auto;}#singlealign {margin-left: auto; margin-right: auto;}.linkboxtext {line-height: 1.2em;}.linkboxcontainer {padding: 7px 7px 7px 7px;background-color:#FFFFFF;border-color:#ECF0F4;border-width:5px; border-style:solid;}.linkboxdisplay {padding: 7px 7px 7px 7px;}.linkboxdisplay td {text-align: center;}.linkboxdisplay a:link {text-decoration: none;}.linkboxdisplay a:hover {text-decoration: underline;} function opensingledropdown() { document.getElementById('singletablelinks').style.display = ''; document.getElementById('singlemouse').style.display = 'none'; } function closesingledropdown() { document.getElementById('singletablelinks').style.display = 'none'; document.getElementById('singlemouse').style.display = ''; } Why Look for a Forex Trading CoachWhat You Will Learn With Nial Fuller As Your Forex Trading CoachForex Trading Coaches WebinarForex Education Course Trading CoachForex Trading CoachWhy Do You Need a Forex Trading Coach?There Are Huge Advantages In Working With A Excellent Forex Trading CoachForex Trading Coaching, un blog pour des passionnés ! – Part 2The Forex Trading Coach Review – Andrew Mitchem – The Forex Trading Coach – The Forex Trading Coach ReviewLink: What to Look for in a Good Trading Coach […]