Why do I need a Trading Coach?

A trading coach can help those starting out in trading and need to learn the basics or those more experienced in the markets and need some advice on how to improve their trading plan and performance. Trading is like any other activity, access to an experienced coach or mentor will increase your learning, save you from costly mistakes and provide objective advice on how best to develop and improve your trading skills.

How does it work?

Coaching can be conducting in a group or privately. Group sessions can be conducted face to face or via the internet. For private sessions, options include face to face where the coach visits you, via phone calls, email or a combination.

How to select a Trading Coach?

Firstly, be clear about what you want to get out of coaching. Do you want help with technical analysis, planning entries and exits, systems development, money management or getting your emotions under control and increasing confidence?

Do some research. Visit the websites and read any books published by the coach to understand their trading philosophy and focus.

Send an email to the coach explaining your requirements and expectations to determine if there is likely to be a good match and if they answer questions to your satisfaction.

If you are an experienced trader, be able to show the history of your trades, to help the coach understand your current performance and areas of improvement.

Have you used a Trading Coach or know someone that has?

Share your experience with a trading coach with others on this site by sending an email to : info@tradingcoachdirectory.com

Self Coaching

An alternative to coaching with a professional is Self Coaching.