{"id":40544,"date":"2015-04-12T10:27:50","date_gmt":"2015-04-12T14:27:50","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=40544"},"modified":"2023-04-25T12:59:46","modified_gmt":"2023-04-25T16:59:46","slug":"what-golf-teaches-us-about-trading","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/what-golf-teaches-us-about-trading","title":{"rendered":"What golf teaches us about trading"},"content":{"rendered":"
\"image\"<\/figure>\n

One of my favorite sporting events, no events, is The Masters.\u00a0 Sunday on the couch watching The Masters is about as good as it gets.\u00a0 And as traders there are many lessons we can learn from golf.<\/p>\n

1. In golf you play the ball where it lies.\u00a0 You can hit a great shot and find it in a divot and you must play from there.\u00a0 In trading you can make a good trade, find yourself underwater in losses, and must trade out of the position. (Golf is not a Game of Perfect<\/i><\/a>)<\/p>\n

2. <\/i>Golf is an individual sport and trading is an individual occupation, which you must learn to accept.\u00a0 (Early to Rise<\/a>)<\/p>\n

3. In golf\/trading you must eliminate big numbers. (The Masters<\/a>)<\/p>\n

4. You will hit bad shots and make bad trades.\u00a0 You must learn to forgive yourself. (7 life lessons you can learn from golf<\/a>)<\/p>\n

5. There are ebbs and flows to the game of golf, where you play well and poorly.\u00a0 For most, the same is true of trading.\u00a0 You will have stretches where you trade and see screens well and periods where you trade like a hacker.<\/p>\n

6. The best golfers grind. The best traders grind it out.<\/p>\n

7. In golf you are challenged to contain your emotions.\u00a0 In trading you must contain your emotions.\u00a0 (Golf TV<\/a>)<\/p>\n

8. In golf ever great player has a pre-shot routine.\u00a0 Every great trader has a process to find excellent trade setups that are best for them.\u00a0 (Market Wizards<\/i><\/a>)<\/p>\n

In the video below I discuss a great book we recommend to our traders, Golf is not a Game of Perfect<\/i><\/a>, by Dr. Bob Rotella.\u00a0 And discuss what we can learn from golf.<\/p>\n

*no relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"

One of my favorite sporting events, no events, is The Masters.\u00a0 Sunday on the couch watching The Masters is about as good as it gets.\u00a0 And as traders there are many lessons we can learn from golf. 1. In golf you play the ball where it lies.\u00a0 You can hit a great shot and find it in a divot and … 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":[1],"tags":[147,4386,38],"class_list":["post-40544","post","type-post","status-publish","format-standard","hentry","category-general-comments-2","tag-golf","tag-teaches","tag-trading","no-post-thumbnail"],"yoast_head":"\nWhat golf teaches us about trading | 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\/what-golf-teaches-us-about-trading\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What golf teaches us about trading | SMB Training\" \/>\n<meta property=\"og:description\" content=\"One of my favorite sporting events, no events, is The Masters.\u00a0 Sunday on the couch watching The Masters is about as good as it gets.\u00a0 And as traders there are many lessons we can learn from golf. 1. 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