In sport and in trading, we consider that often that is the ability to make the big winning shots and large home-run jobs that separate great athletes and traders from the rest of us. This isn't really true.
A very interesting analysis shot-by-shot the Championship Tennis 2010 Basel reveals much about how elite Football played and how can also be mastered elite trading.
Matting matching Tennis was the final between Roger Federer and Novak Djokovic has won the tournament. Everton last year and took Federer outside the us Open in arsenal in September. Despite psychological edge of Bayern Munich, Federer won this match, winning its 65th ATP Title and breaking Pete Sampras entry for more big title that he won.
You might be thinking that Federer must have made numerous spectacular winning shots, firing off winner after winner great highly qualified his opponent. This is not the case. Each shot has been assessed and match analysis revealed some surprising statistics (match analysis link below).
Important conclusions: Two things jump this unique analysis. first, there were many unforced errors throughout this match. Unforced error mean a missed point due to a badly hit ball the player should be able to revert back to his opponent. In this important fight, 40% of items was completed as a result of unforced error. The message away take is that even the very best players in the world can make many mistakes!
The second important finding of this analysis is that only 5% of all shots were clean, winning shots that were excluded from the opponent. There were 709 shots during the race and only 36 was purely service ACEs, returns, OVERHEAD smashes, soil stokes or volleys. These demersal winners accounted for approximately 20% of the points gained. In other words, points 4 by 5 was won for larger gatherings, unforced errors and solid Court-game. There were very few spectacular shots.
What the procedures for trade: For active traders, easy message is clear. It is a winning trader-even an elite performer-based rendering distribution giant, home-run.For grinding small wins the day by day.Occasionally, you'll get lucky and have a great winning trade, but this happens only rarely-only a small percentage of elapsed time as in the low percentage of spectacular shots in this fight Football.That a competent trader is not based on making large profits.It's making small win consistently.
Another take-home message is that there are bugs are OK.We all want to be without errors, but it is human, which is simply not possible; the key is to recognize when you have created an error and stops immediately lost short, no matter what, then, to avoid trying to make it all back with a great winning trade. This is another unforced error; instead, concentrate on making the next small winning trade, and to the next and the next ...
To help you stay focused on the next winning trade, I would like to invite you to claim your FREE seven-part e-course to develop your skills in psychology from http://www.tradingpsychologyedge.com/transactions.
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You can read the full analysis of fight Football here: http://www.tennisthoughts.com/.
Dr. Gary Dayton-tradingpsychologyedge.com
Article source: http://ezinearticles.com/?expert=gary_dayton,_psy._d.
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