Learn to Trade-Rehearse your Posture for the Ultimate Performance
The attainment of elite performance levels in many pursuits involves attention to detail. Trading, like sport, requires an obsessive ability to identify those areas where you can make minor adjustments to gain an advantage over your competition. By improving a wide variety of skills by even small amounts, performance can be improved dramatically. It is often outstanding to witness the obsessive attention to detail Futex traders employ in their tireless pursuit of trading excellence. Whether it is employing multiple squawk services simultaneously to gain a few seconds advantage or the identification of intricate cross-market correlations at specific times of the day, our traders are always striving to improve. This ethos is one into which our new traders are introduced during their training with the Academy and which they are encouraged to embrace.
The focus of this week’s training for one particular individual involved trading posture. The ability to be highly focused and make effective decisions under pressure is directly linked to the physical state of the trader. In this instance, having identified his pre-existing, ineffective posture, we discussed and then implemented a series of new trading postures to improve the trader’s ability to manage a variety of situations. We introduced a primary trading posture for maximum focus and attention, a secondary posture with breathing exercises for recovery and a tertiary, standing position to be used to interrupt quickly a pattern of ineffective trading behaviour. These simple techniques, if implemented routinely, will be extremely beneficial; and herein lies the key. Any such technique needs to become habitual or second nature in order to be effective. This means it must be a deliberate practice in the initial stages for a novice trader. Much in the same way as Christiano Ronaldo’s free-kicks or Jonny Wilkinson’s penalties are the result of hours of dedicated practice until the routine becomes intuitive, so the trader must rehearse these postures. The result of this rehearsal will be an ability to execute effective trades during long trading sessions and to manage risk with clarity and confidence.
It is beyond doubt that the successful penalty rifled into the back of the net by Cesc Fabregas under severe pressure in the last 5 minutes of the Champions League on Wednesday night, as witnessed in arctic conditions at the Emirates Stadium by the Futex Academy team, was the result of exactly this sort of rehearsal and routine. Such ability is not built upon talent alone but upon a foundation of repeated, deliberate practice - as in sport, so it is in trading - something we at Futex firmly believe is the ultimate performance pursuit.
Futex Investment & Trading Academy
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