
Sign up to save your podcasts
Or


When I was learning to snowboard, I still remember the first time I got off the lift chair, strapped myself in the board and looked down the mountain.
It was really overwhelming and I wondered how I was actually going to get down there without any injuries!
My instructor was very comforting telling us 'Not to focus on the bottom of the mountain', because even though that's the destination, to get there we were actually going to zig-zag down the mountain.
So we needed to focus on the next turn and how we were going to execute that.
We were told to look where we wanted to go, so if you want to go left then look left, your shoulder/hips will turn, your body weight will shift on the board and that will steer the board.
And as you're moving across the mountain you obviously want to look for hazards, look for where you want to turn and focus on shifting your body weight to steer the board around the corner
It was all about the process.
By focusing on the process, the outcome would eventually come.
That is you'd work your way down to the bottom of the mountain with hopefully no broken bones!
However, if you were to just focus solely on the bottom of the mountain, then you're likely going to fall down and crash.
Trading can be a very outcome-focused activity, there is the temptation to focus on the results of our trades.
Did the trade make or lose money, how is our P/L progressing for the month or year?
Let's take a listen to performance coach Rande Howell now as he shares a story about an Olympic hurdler and how his approach to focus applies to trading performance.
Disclaimer: Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
By Andrew Swanscott chats with professional traders Larry Williams, Ernest Cha4.8
260260 ratings
When I was learning to snowboard, I still remember the first time I got off the lift chair, strapped myself in the board and looked down the mountain.
It was really overwhelming and I wondered how I was actually going to get down there without any injuries!
My instructor was very comforting telling us 'Not to focus on the bottom of the mountain', because even though that's the destination, to get there we were actually going to zig-zag down the mountain.
So we needed to focus on the next turn and how we were going to execute that.
We were told to look where we wanted to go, so if you want to go left then look left, your shoulder/hips will turn, your body weight will shift on the board and that will steer the board.
And as you're moving across the mountain you obviously want to look for hazards, look for where you want to turn and focus on shifting your body weight to steer the board around the corner
It was all about the process.
By focusing on the process, the outcome would eventually come.
That is you'd work your way down to the bottom of the mountain with hopefully no broken bones!
However, if you were to just focus solely on the bottom of the mountain, then you're likely going to fall down and crash.
Trading can be a very outcome-focused activity, there is the temptation to focus on the results of our trades.
Did the trade make or lose money, how is our P/L progressing for the month or year?
Let's take a listen to performance coach Rande Howell now as he shares a story about an Olympic hurdler and how his approach to focus applies to trading performance.
Disclaimer: Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.

229,238 Listeners

4,166 Listeners

1,994 Listeners

3,067 Listeners

588 Listeners

103 Listeners

810 Listeners

229 Listeners

356 Listeners

1,034 Listeners

29,248 Listeners

11 Listeners

29 Listeners