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Trading lessons from the boxing gym
Anyone who has been following me for a while knows my two greatest passions are quant trading and boxing, and I often find both to have great similarities....
Over the years I've learned a lot of priceless trading lessons in the gym
Trading lessons from the boxing gym
Anyone who has been following me for a while knows my two greatest passions are quant trading and boxing, and I often find both to have great similarities....
Over the years I've learned a lot of priceless trading lessons in the gym
2/x
and one of the most important lessons I've learned is "box your style"
When I started boxing I had a heavyweight coach. This guy was a true champion, gifted boxer, who went toe-to-toe with the bests of the best. The only problem was that I'm a lightweight boxer (135lb)
and one of the most important lessons I've learned is "box your style"
When I started boxing I had a heavyweight coach. This guy was a true champion, gifted boxer, who went toe-to-toe with the bests of the best. The only problem was that I'm a lightweight boxer (135lb)
As long as I was learning the fundamentals I had not problems. Had solid foundations (punches, footwork, head movement) so I thought that I will kill it in sparring. That was when I found out my biggest flaw - my boxing style
Because my coach was a big guy his style was
Because my coach was a big guy his style was
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basically brawling, working the inside and very little perimeter/ inside-out/quick movement, which is what lightweight fighters do - use their agility/weight to create openings.
I was getting hit hard (and not hitting hard enough) against middle/heavyweights, and was
basically brawling, working the inside and very little perimeter/ inside-out/quick movement, which is what lightweight fighters do - use their agility/weight to create openings.
I was getting hit hard (and not hitting hard enough) against middle/heavyweights, and was
4/x
getting smoked against lightweights, who moved much faster than me (so couldn't hit them, and mostly got overwhelming amount of punches thrown at me).
This is when I understood the importance of using my physical advantages in fighting. I had to start working with
getting smoked against lightweights, who moved much faster than me (so couldn't hit them, and mostly got overwhelming amount of punches thrown at me).
This is when I understood the importance of using my physical advantages in fighting. I had to start working with
5/x
a coach who is a lightweight fighter, and can help me sharpen my style.. From the moment I started thinking and fighting like a lightweights, I started winning rounds, punch/move better, and embraced my inner fighters type.
This is exactly what we do as traders -
a coach who is a lightweight fighter, and can help me sharpen my style.. From the moment I started thinking and fighting like a lightweights, I started winning rounds, punch/move better, and embraced my inner fighters type.
This is exactly what we do as traders -
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Trade our style. Trading strategies that don't compliment our psychology/inner-self is likely to result in losses. Why? because if our trading style doesn't "sit good" with us, we are likely to second-guess our model/strategy and override our decisions.
Trade our style. Trading strategies that don't compliment our psychology/inner-self is likely to result in losses. Why? because if our trading style doesn't "sit good" with us, we are likely to second-guess our model/strategy and override our decisions.
7/x
In the past I tested many quant strategies that had amazing results in the back-testing phase, but I knew that once I start run the risk I will not be able to let it perform (and I will be the biggest obstacle for the success of the strategy). This realization is what
In the past I tested many quant strategies that had amazing results in the back-testing phase, but I knew that once I start run the risk I will not be able to let it perform (and I will be the biggest obstacle for the success of the strategy). This realization is what
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makes great traders. It makes them understanding that they will not be able to withstand the risk, and adapt the model/strategy to fit THEIR style.
Trading our style is probably the only way we can make sustainable returns overtime
makes great traders. It makes them understanding that they will not be able to withstand the risk, and adapt the model/strategy to fit THEIR style.
Trading our style is probably the only way we can make sustainable returns overtime