Earn the Right to Make Profitable Trades

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Tom Coughlin, Coach of the New York Giants, shares in this video that preparation is essential to earn the right to win. In One Good Trade, one of our seven fundamentals is Proper Preparation. Coach Coughlin pounds the table on creating structure for his team’s preparation before a weekly game. In my next book, The PlayBook, I offer one form of trading structure to trade well with the creation of your PlayBook.

Traders are elite performers. We can learn from Coach. So if you want to earn the right to make profitable trades, then Coach says you must prepare properly with structure and drill at your game so you can be the best you can. We say it another way. Build a PlayBook of trades that make the most sense to you by archiving a favorite trade at the end of each trading session, so you can become your best trader.

Enjoy the clip.

Mike Bellafiore

The PlayBook

One Good Trade

 

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