Today I would like to introduce you to a new program that I am launching at Signal2Noise – S2N.
I have been mentoring traders informally for close to 20 years. Most of the traders I have mentored and coached over the years have been traders that I have allocated to on behalf of a number of different incubators that I have run.
My vision is not to tell someone how to trade. That is up to each trader based on what fits their respective personalities and risk preferences. The program I put together has some structure but is more about self-learning, self-discovery, and taking personal responsibility. My job is to provide guidance from more than 20 years of trading and studying the markets and the human mind.
As someone who has spent more than 30 years seeing all types of psychologists and a small fortune, I wanted to design a program that is affordable and dynamic. I am a strong believer that we all need mentoring. It doesn’t matter if you are Tiger Woods, Rafa Nadal, or Cristiano Ronaldo; you need someone unbiased who can see where you are going wrong. A coach is more than just someone who see’s fault; it is someone who is able to help you focus on your strengths and set and help you achieve goals that will make you more complete as a trader and hopefully a person as well.
Benefits of this mentoring program:
- You get direct access to Michael with all his experience and knowledge
- You get a program designed to keep you goal orientated
- You get a program that helps you develop good habits
- You get honest and direct feedback to help calibrate your expectations
- You get a robust quantitative analysis of your trading performance
- You get access to proprietary trading tools
- You get to be part of a moderated group with a focus on being supportive
- You get a live weekly Q&A with Michael and discuss topical issues
- You get to join any time, as the program is designed around your start date
Format of the Course
After registering for the program you will gain access in your client portal on the website. The program has been broken into 3 milestones called “courses” on the platform.
In your client portal, you can access the coaching module by clicking the button I have marked.
Program Outline
- The first part of the program is an onboarding assignment with a series of questions and answers.
- The second part of the program is an assignment that we work on together to design a trading mandate. This is a trading rule book that you will commit to sticking to.
- The third part of the program is reflecting on the trading mandate and, after trading with it for a while, coming up with an updated trading mandate.
- The program features a habit enforcer to help keep you on track.
Habits
There are 2 habit routines the system will remind you about. There is a daily reminder to write in a journal. I will provide some more details around this but this is something I feel strongly about. Everyone should write about their emotions in a daily journal. This is probably one of the most important steps one can take in personal growth as well as growth as a trader. Don’t underestimate its power.
The second habit is writing a weekly summary of how the week went from a trading point of view and can also include steps you wish to take during the week ahead.
Communication
The coaching platform has a messaging app within it. I encourage all partners who join me on this quest to engage with me through the app. We will no doubt encounter some teething problems. I am very open to suggestions and feedback. I am looking forward to seeing some of you on the other side.
Warm regards
Mike