Traders Laboratory - View Single Post - Holding Yourself Accountable
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Old 03-11-2008, 08:01 AM
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Re: Holding Yourself Accountable

Just another thought a trading room is a possible place to 'be accountable' if it is structured like that. Again you need to let people know what you are trying to achieve rather than just call trades. For example you exit at 36.35 a bit too late/soon with the right sort of room you can state why and hold yourself accountable to your colleagues. Actually in the right sort of room where people know how you trade somone is likely to put you on the spot and say 'why did you exit there'.

Walter seemed to use the TL room like that to a degree, Adam also perhaps. Even if you are not being reviewed by your peers the act of describing your actions to other people is likely to make you consider more carefully and so be more accountable to yourself. The more detail the more you are likely to get from it.

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