{"id":12034,"date":"2011-06-02T13:28:32","date_gmt":"2011-06-02T17:28:32","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=12034"},"modified":"2023-08-01T20:58:10","modified_gmt":"2023-08-02T00:58:10","slug":"why-do-you-trade-and-why-this-matters-so-much-for-your-performance","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance","title":{"rendered":"Why Do You Trade? And Why This Matters So Much for Your Performance!"},"content":{"rendered":"<p><a href=\"http:\/\/martinkronicle.com\/\">Michael Martin<\/a> from @martinkronicle contends in this interesting piece that Tiger Woods has not regained his golf\u00a0dominance because he has lost his real reason to play golf. I forwarded this article to an elite\u00a0performance\u00a0coach Dr. Jonathan F. Katz of <a href=\"http:\/\/www.hpa3.com\/jon.htm\">High Performance Associates<\/a> and asked for his feedback and how this relates to us as traders&#8230;&#8230;&#8230;<\/p>\n<blockquote><p>My reaction to this piece&#8230;is triggered by the line in the last paragraph:&#8221;&#8230;a great learning opportunity of how one&#8217;s emotional system can be so integrated into one&#8217;s professional life&#8230;&#8230;.&#8221;<\/p>\n<p>People trade for all different reasons. The goals are varied and may change and evolve over time. What might be sufficient motivation at point A in your life might be different at point B. The change is NOT the problem. Problems arise when the motivation or goals shift and people do not recognize, acknowledge or address the shifting internal landscape. Knowing why you are doing what you are doing sounds like a pretty basic level of self awareness, but you would be surprised how few people are &#8220;in touch&#8221; with this level of understanding.<br \/>\nMoney, competition, achievement, material possessions, fame, status&#8230;..these are &#8220;goals&#8221; that drive many people&#8230;.especially men. However they lack a core ingredient for long term success&#8230;..namely &#8220;engagement&#8221;&#8230;.a personal connectedness to what one is doing that taps into something greater than the transient pleasures associated with the &#8220;hedonic treadmill&#8221; and pursuit of wealth. People need to continually find new challenges in what they do and pursue. It is the nature of the human condition. Ignoring the shifts in one&#8217;s emotional\/psychological evolution often leads to a deterioration in well-being and an overall decline in personal happiness and satisfaction. In it&#8217;s more destructive forms it can lead to acting-out and self destructive behaviors. &#8230;..Don&#8217;t ignore the warning signs and don&#8217;t be guided by \u00a0fear&#8230;..embrace the challenge of re-establishing the goals and priorities in your life.<\/p><\/blockquote>\n<p>So I ask: why do you trade? Are you connected to something bigger than just the pleasure of money with your trading?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michael Martin from @martinkronicle contends in this interesting piece that Tiger Woods has not regained his golf\u00a0dominance because he has lost his real reason to play golf. I forwarded this article to an elite\u00a0performance\u00a0coach Dr. Jonathan F. Katz of High Performance Associates and asked for his feedback and how this relates to us as traders&#8230;&#8230;&#8230; My reaction to this piece&#8230;is &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1789],"tags":[1827,1826,1828,1354,1349,682],"class_list":["post-12034","post","type-post","status-publish","format-standard","hentry","category-katzs-korner","tag-jonathan-f-katz","tag-performance-coach","tag-smbu","tag-trading-coach","tag-trading-mentor","tag-trading-psychology","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Do You Trade? And Why This Matters So Much for Your Performance! | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Do You Trade? And Why This Matters So Much for Your Performance! | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Michael Martin from @martinkronicle contends in this interesting piece that Tiger Woods has not regained his golf\u00a0dominance because he has lost his real reason to play golf. I forwarded this article to an elite\u00a0performance\u00a0coach Dr. Jonathan F. Katz of High Performance Associates and asked for his feedback and how this relates to us as traders&#8230;&#8230;&#8230; My reaction to this piece&#8230;is ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2011-06-02T17:28:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-02T00:58:10+00:00\" \/>\n<meta name=\"author\" content=\"Bella\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bella\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance\"},\"author\":{\"name\":\"Bella\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161\"},\"headline\":\"Why Do You Trade? And Why This Matters So Much for Your Performance!\",\"datePublished\":\"2011-06-02T17:28:32+00:00\",\"dateModified\":\"2023-08-02T00:58:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance\"},\"wordCount\":360,\"commentCount\":3,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"keywords\":[\"jonathan f. katz\",\"performance coach\",\"smbU\",\"trading coach\",\"trading mentor\",\"trading psychology\"],\"articleSection\":[\"Katz's Korner\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance\",\"name\":\"Why Do You Trade? And Why This Matters So Much for Your Performance! | SMB Training\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"datePublished\":\"2011-06-02T17:28:32+00:00\",\"dateModified\":\"2023-08-02T00:58:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.smbtraining.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why Do You Trade? And Why This Matters So Much for Your Performance!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"name\":\"SMB Training Blog\",\"description\":\"Lessons from the trading desk\",\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\",\"name\":\"SMB Training\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"width\":230,\"height\":81,\"caption\":\"SMB Training\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/smbcap\/\",\"https:\/\/x.com\/smbcapital\",\"https:\/\/www.youtube.com\/user\/smbcapital\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161\",\"name\":\"Bella\",\"description\":\"Mike Bellafiore is a co-founder of SMB Capital, a day trading firm which takes great pride in its exceptional training program. SMB Capital is an equity prop trading desk that trades on 5th Avenue in New York City. Mr. Bellafiore is a graduate of the University of Connecticut School of Law. He has traded professionally for more than a decade.\",\"sameAs\":[\"https:\/\/www.smbtraining.com\/blog\/bellas-blog\"],\"url\":\"https:\/\/www.smbtraining.com\/blog\/author\/bella\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Why Do You Trade? And Why This Matters So Much for Your Performance! | SMB Training","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance","og_locale":"en_US","og_type":"article","og_title":"Why Do You Trade? And Why This Matters So Much for Your Performance! | SMB Training","og_description":"Michael Martin from @martinkronicle contends in this interesting piece that Tiger Woods has not regained his golf\u00a0dominance because he has lost his real reason to play golf. I forwarded this article to an elite\u00a0performance\u00a0coach Dr. Jonathan F. Katz of High Performance Associates and asked for his feedback and how this relates to us as traders&#8230;&#8230;&#8230; My reaction to this piece&#8230;is ... Read More","og_url":"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance","og_site_name":"SMB Training Blog","article_publisher":"https:\/\/www.facebook.com\/smbcap\/","article_published_time":"2011-06-02T17:28:32+00:00","article_modified_time":"2023-08-02T00:58:10+00:00","author":"Bella","twitter_card":"summary_large_image","twitter_creator":"@smbcapital","twitter_site":"@smbcapital","twitter_misc":{"Written by":"Bella","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance#article","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance"},"author":{"name":"Bella","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161"},"headline":"Why Do You Trade? And Why This Matters So Much for Your Performance!","datePublished":"2011-06-02T17:28:32+00:00","dateModified":"2023-08-02T00:58:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance"},"wordCount":360,"commentCount":3,"publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"keywords":["jonathan f. katz","performance coach","smbU","trading coach","trading mentor","trading psychology"],"articleSection":["Katz's Korner"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance","url":"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance","name":"Why Do You Trade? And Why This Matters So Much for Your Performance! | SMB Training","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/#website"},"datePublished":"2011-06-02T17:28:32+00:00","dateModified":"2023-08-02T00:58:10+00:00","breadcrumb":{"@id":"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.smbtraining.com\/blog\/why-do-you-trade-and-why-this-matters-so-much-for-your-performance#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.smbtraining.com\/blog"},{"@type":"ListItem","position":2,"name":"Why Do You Trade? And Why This Matters So Much for Your Performance!"}]},{"@type":"WebSite","@id":"https:\/\/www.smbtraining.com\/blog\/#website","url":"https:\/\/www.smbtraining.com\/blog\/","name":"SMB Training Blog","description":"Lessons from the trading desk","publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.smbtraining.com\/blog\/#organization","name":"SMB Training","url":"https:\/\/www.smbtraining.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","width":230,"height":81,"caption":"SMB Training"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/smbcap\/","https:\/\/x.com\/smbcapital","https:\/\/www.youtube.com\/user\/smbcapital"]},{"@type":"Person","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161","name":"Bella","description":"Mike Bellafiore is a co-founder of SMB Capital, a day trading firm which takes great pride in its exceptional training program. SMB Capital is an equity prop trading desk that trades on 5th Avenue in New York City. Mr. Bellafiore is a graduate of the University of Connecticut School of Law. He has traded professionally for more than a decade.","sameAs":["https:\/\/www.smbtraining.com\/blog\/bellas-blog"],"url":"https:\/\/www.smbtraining.com\/blog\/author\/bella"}]}},"_links":{"self":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/12034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/users\/144"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/comments?post=12034"}],"version-history":[{"count":2,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/12034\/revisions"}],"predecessor-version":[{"id":56199,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/12034\/revisions\/56199"}],"wp:attachment":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media?parent=12034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/categories?post=12034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/tags?post=12034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}