{"id":37261,"date":"2014-04-27T13:39:57","date_gmt":"2014-04-27T17:39:57","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=37261"},"modified":"2023-05-24T17:29:13","modified_gmt":"2023-05-24T21:29:13","slug":"enhancing-trader-performance-by-learning-from-the-lessons-of-failure","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/enhancing-trader-performance-by-learning-from-the-lessons-of-failure","title":{"rendered":"Enhancing Trader Performance by Learning from the Lessons of Failure"},"content":{"rendered":"<p><em>*****David Blair, The Crosshairs Trader, is a blogger\/trader\/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** \u2014 Editor\u2019s Note<\/em><\/p>\n<p>Like many of you I am a technical trader.\u00a0 I look for a particular set of parameters that meet my definition of a trading edge. When\u00a0present I decide to put my money at risk.\u00a0 But just like any endeavor where risk is involved there is no guarantee of success.\u00a0 In the case of trading there is no guarantee that a\u00a0trade will make money.\u00a0 In other words, there is always the risk of failure.\u00a0 How a trader prepares for and deals with the\u00a0inevitability of failure can make all the difference in the trader\u2019s overall performance.\u00a0 The following articles can help each of us prepare and deal with the inevitable.<\/p>\n<p>In order to understand failure we must learn to\u00a0<a href=\"http:\/\/www.smbtraining.com\/blog\/how-to-bounce-back-from-failure-in-trading-2\">tolerate<\/a>\u00a0it.<\/p>\n<p>Understanding\u00a0the dangerous emotions\u00a0associated with the trading process can help us recognize the roots of failure.<\/p>\n<p>Recognizing the\u00a0common causes of failure\u00a0can help us better manage the failure.<\/p>\n<p><a href=\"http:\/\/www.theinvestorsjournal.com\/how-to-cope-with-significant-money-losses\">Coping with losses<\/a>\u00a0is coping with failure.<\/p>\n<p>The\u00a0best practices in trading\u00a0can help us overcome\u00a0<a href=\"http:\/\/traderfeed.blogspot.com\/2014\/02\/moving-past-trading-failure.html\">past trading failures<\/a>.<\/p>\n<p>Overcoming the\u00a0failure rate\u00a0of a proprietary trader.<\/p>\n<p>You can\u00a0sniff out\u00a0the characteristics of failure.<\/p>\n<p>The\u00a0<a href=\"http:\/\/www.financial-spread-betting.com\/Trading-failures.html\">list of reasons for failure<\/a>\u00a0is endless so get to work on it NOW.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Failure is part of the PROCESS but learning from failure can help to enhance the OUTCOME.\u00a0<\/em><\/p>\n<p><strong>David Blair<\/strong><\/p>\n<p><strong>THE CROSSHAIRS TRADER<br \/>\nwww.thecrosshairstrader.com<\/strong><\/p>\n<p>no relevant postions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>*****David Blair, The Crosshairs Trader, is a blogger\/trader\/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** \u2014 Editor\u2019s Note Like many of you I am a technical trader.\u00a0 I look for a particular set of parameters that meet my definition of &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/enhancing-trader-performance-by-learning-from-the-lessons-of-failure\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":290,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1935,456],"tags":[3441,593,1609,848,1420,144],"class_list":["post-37261","post","type-post","status-publish","format-standard","hentry","category-david-blair","category-trader_development","tag-enhancing","tag-failure","tag-learning","tag-lessons","tag-performance","tag-trader","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>Enhancing Trader Performance by Learning from the Lessons of Failure | 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\/enhancing-trader-performance-by-learning-from-the-lessons-of-failure\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Enhancing Trader Performance by Learning from the Lessons of Failure | SMB Training\" \/>\n<meta property=\"og:description\" content=\"*****David Blair, The Crosshairs Trader, is a blogger\/trader\/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. 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