But, watching people on the trading floor, I'm seeing one other element in trading success: teamwork in tandem. As in military training, developing traders buddy up with one another and dedicate themselves to each other's success. I describe this development in detail in my recent Forbes article: teams within teams provide a kind of mutual mentoring. That allows everyone to learn from each other, and it also provides the emotional and learning support that accelerate a trader's growth. It's a different take on "each one, teach one". When you learn one-on-one, you are always the teacher, always the student. The Forbes post explains how this accelerated learning occurs and why it's so powerful.
When we put together consistency of process and intensity of learning, great things happen. Many, many traders fall short of their potential because markets change before they are able to adapt. Just as going to the gym with a partner can help you be more consistent in your workouts and do the exercises with proper form, trading with a teammate enables you to learn in an active--and interactive--mode. For many traders, this is a total game changer.
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