“The key is not the will to win… everybody has that. It is the will to prepare to win that is important.” —Bobby Knight
One of the most important daily tasks of trading is the daily debriefing.
It provides an opportunity to conduct reflective thinking about both process and content. It’s how we find ways to improve on things that are working, and how we self-assess between our trade plans, our preparation and our execution.
It provides us with the insight to write the most important book on trading we can ever read:
Our own trading and learning journal.
A Roman observer of the legions talked about preparation and discipline this way:
“Think thou that these magnificent, victorious Legionaries became what they are through some arbitrary stroke of fortune? Nay!
They do not sit around congratulating themselves in the wake of every victory. Nay!
They spend every moment refining and improving their craft.
Without apology, they pursue excellence. Each one knows and understands that he alone stands between the Empire and oblivion.
Watch them! Indeed, they appear to have been born with weapons in their hands!”
Wanting to win is a good start but not enough.
Can you systematically turn the energy of that intention into a disciplined program of action and reflection that improves your practice?
Can you aim for excellence each day and systematically follow-through with the reflective learning process of daily debriefing with an accountability partner?
Can you write your own trading book?
Can you improve the environment of excellence that will support you on your journey?
Can you be the accountability partner for others undertaking the same journey?
And if you believe you can, will you?