Mentors are shortcuts | Tackle Trading

≈ Don’t reinvent the wheel. ≈

“Finally did my 3-day mentorship with Keith king. If anyone is questioning if having a mentorship is worth the expense, I assure you… it is. I have learned so much the last three days.”

Our Tackle member, Keith Seiler, posted it on the Clubhouse last week.

Last Friday we had our Scouting Report meeting opened for the first time for a selected number of Tackle Insiders. That was like having a live mentorship class, watching seven coaches discussing the broad markets, currencies, indexes, commodities and the famous scouting report picks.

Crocs was also there before you ask. And Coach Gino was on fire. We had a great time.

Mentors are shortcuts. Imagine you sitting next to a person who’s been trading, teaching and mentoring thousands of students for more than 15 years. That’s more than 15 years of hard work and experience wrapped up and evenly distributed in mentorship sessions.

Now picture yourself trying to work all by yourself, alone, from ground zero. It’ll be like reinventing the wheel.

Don’t reinvent the wheel. Take the shortcut.

Chart of the Day: Portfolio Design — Systems & Assets

(a blueprint)
This is a way of seeing your entire portfolio from above (literally). Starting with why, goals, mindset, and capital. Then, creating buckets of allocation and then breaking down the structure until you reach the individual positions.

Now try to figure it out all by yourself. Notice that the Mentor is the first topic in the first circle. Take the shortcut.

Video of the Day: Ask For Help

Coach T’s thought of the day is to ask for help. If you’re a student and need help or clarity, ask someone for it.

Originally published at tackletrading.com on December 6, 2018.