Introduction
Trading, unlike any other business activity requires the successful trader to make many many decisions about a constantly shifting stream of information, all day, every day. Traders fail and triumph on the quality and reliability of their decision making.
Claradan has developed an approach that rapidly equips our clients with the ability to solve genuine trading and investment problems.
“Traders trade, coaches coach.”
Approach
Strategy Centric – The importance of using strategy not only to measure performance but as a tool to alleviate both impulsive decisions and behavioural biases.
A Five Point Behavioural Framework – Initially concentrating focus on five key behavioural drivers allows us to quickly build knowledge and make critical changes.
Tools and Methods
Performance Identification – Where and how performance is being derived.
Impulsive Behaviour V’s Strategy – Help clients identify what leads them to impulsive behaviour, whether decisions are driven by strategy or impulsive behaviour and whether the outcome was positive, neutral or negative.
Behavioural Bias Identifier – What are the behavioural biases that may be influencing the design of your strategy and what individual biases may influence the execution of your strategy.
Services - One-to-One Coaching
“Coaching is the art of getting a trader to a place they are unable to get to on their own”
One-to-One Coaching - Claradan's One-to-One coaching programs conducted with Darren Agombar, are extremely popular and effective. Equally appropriate for Traders just starting out, experiencing a downturn or for those wishing to develop their full potential:
Option 1 – 12 Week Individual Intensive Coaching Program
- Weekly, in-house Face to Face Meetings (Approx 2-3 hour duration)
- Full remote support between meetings via Email/Phone/Skype/Reuters Messenger/Bloomberg
- Email follow up summary after each session
Advantages – Support when you need it, faster integration into trading strategy, face to face meetings and interaction mean no travel or time wasted.
(Group discounts available)
Option 2 - Individual Coaching Sessions
- One-to-one Sessions – in person (London) or via Video Conferencing (any time zone)
- Session Duration 2 Hours
- Email follow up summary after each session.
Advantages – Flexible – combine sessions however you wish – daily/weekly/monthly, no travel or wasted time, cost effective.
It is recommended that those new to Behavioural Finance or Financial Markets should undertake weekly sessions for the first 8-12 weeks.
Many of our clients move from the 12 week program to taking monthly sessions. |