In the latest offering, we have used the 2014 Wimbledon Championships to give you some tips; reaching for the top of the game - lessons for financial traders.

1. Wimbledon 2014
Championships
(Game-Set-Match)
Reaching For The Top
Of The Game - Lessons
For Financial Traders
(3) Mental Strength and Determination
This is an area which is often overlooked by financial traders yet it is
one of the most important characteristics needed on your quest to
success. Having mental strength includes, the ability to believe in
yourself and to be determined; try to develop a mindset of
championing yourself to the top. There will not always be someone on
hand to celebrate your success, so its good to self reflect about your
progress to date (no matter how small) and celebrate yourself. If you
would like some top tips for building your mental strength you can view
the following article from Forbes
The annual Wimbledon tennis championship is a world renowned international sporting event which has showcased
some of the best talent in the tennis arena since 1877. Whilst the sport itself may not be to everyone's taste the fact
is you cannot escape the heightened media coverage informing you about the latest up and coming talent as well as
the current 'big players' in the game.
If you haven't had a chance to attend the championships in London, UK you need not worry, as you can now get a
real feel for the event watching online, listening on the radio and of course viewing the coverage on television;
whichever media tickles your fancy, just be prepared to listen to a series of 'oohs' ah's and the rapturous
applause, drowning the 'thwack' of the tennis ball against the racquet. It is very exciting!!!
So, you may be thinking, how does Wimbledon or even tennis have anything to do with financial trading? Well you
will be surprised to discover that there are some valuable lessons you can learn from the annual Wimbledon
championships and some of their sportsmen and sportswomen, who not only have some exceptional qualities which
are not often highlighted, but as you read on you will see that many of their skills are akin to those needed for
financial traders.
(1) Learning the correct techniques
Just like the 'shot' and 'overhead smash'
techniques tennis players have to learn
and develop for the game, fundamental
and technical analysis are two of the
techniques which are important for
financial traders. The ability to analyse
and interpret the market price and
organisations predicted performance
goes a long way in helping you improve
your decision making which is key to
selecting those assets which will bring
you a tidy profit.
(2) Consistency
Tennis players undergo a rigorous
training programme in order to ensure
that they are physically fit for the game.
This not only takes time, but also effort
and consistency. Before you consider
undertaking financial trading you should
analyse your time and schedule, and ask
yourself these fundamental questions
'Can I really commit a block of time on a
regular basis to learn the principles of
financial trading' & 'Am I committed to
life-long learning'? If you are to work
towards reaching the top of the
game in financial trading,
consistency will be required, not only at
the outset but on a continued basis.