Shopping Cart

Smart Trading Drills Under a Learning Management System

by TradingDrills Academy

We continue our discussion on the second secret of professional traders’ success, which is mastering the execution of a profitable trading system. Deliberate practice using smart drills allows new traders to develop the technical skills to become profitable in a safe, low-risk learning environment. In this video, we'll outline the advantageous of using smart drills under a learning management system for trading, and explain why it's the best way to effectively learn how to trade.

As we mentioned earlier, professionals look for the best available coaching that teaches the mastery of the processes and algorithms of a profitable trading system.

best coaching that teaches  mastery  of a profitable  trading system.

Comprehensive Deliberate Practice Training System

The best professional clubs and sport leagues engage with renowned coaches to develop a comprehensive deliberate practice training system. This includes baseline evaluation process, smart goal development, practical drills at various levels, an immediate feedback system, and constant monitoring and supervision.

deliberate practice trading with  trading coach

Training Development

Using deliberate practice for trading development is an extensive undertaking as it involves breaking a complex system into smaller, easier to understand sections.
Each module has a specific goal, and is presented in the right sequence, with an increasing level of difficulty. The repetition of smart drills is what it makes it effective, allowing you to be one step closer to achieving long-term trading profitability. Trading tests at the end of each module in the form of an examination gauges the trader's understanding of the content and ensures that the knowledge is understood. If a trader wants to review any of the concepts they can go back and retake the trading tests or drills until they feel comfortable with the content.

smart trading drills under LMS  with trade coaching

Constant Monitoring by a Coach

trade coaching  for immediate  feedback and constantly monitor trading test

A coach must provide 1-on-1 immediate feedback to each learner and constantly monitor their progress to ensure they are advancing to their full potential. 

Smart Deliberate Practice Drills

With the advent of innovative training systems and simulations in the recent years, it is possible to develop live computerized smart drills that provides instant feedback.
These smart drills mimic real-life situations, providing a valuable virtual learning experience without the risk in trading. The “show me” aspect of the drill allows active learning and feedback in real time, demonstrating the instant consequences of an action based on a learner’s decision. All of these are important in development of skills related to the process and algorithms of a trading system. Most importantly, a new trader gets the benefits of deliberate practice without the risks in trading which can cause money to be lost in the financial markets while they are still learning.  

trading with no risk for traders with  trading simulator

Learning Management System (LMS)

By embedding smart drills within a modern learning management system for trading, or LMS, the system acts like a live 24-hour coach, providing a dynamic training environment with prompt feedback and constant monitoring of the learner.
The training process is designed to be identical to the process and algorithms of a profitable trading system, creating the skills of the best decision-making and habits of confident execution over time.

smart trading drills with trade coaching under Learning Management System
trading test and appropriate smart trading drills under LMS

The learning management system for trading evaluates the learner’s level automatically by challenging students with various tests and guiding them to the appropriate set of drills to reach a higher level of competency.
LMS has the advantage of gamification, which allows traders to be fully engaged and have fun learning, while solving difficult problems and practicing complex drills for a holistic skill development experience.

Smart Drills under Learning Management System for Trading  

Smart deliberate practice drills under a learning management system for trading puts you in control of your skills and overall trading development. You can practice to become profitable, instead of trading randomly under stressful and risky market conditions that creates bad habits and losses.

become profitable in trading by smart trading  drills under LMS
three important element of professional  traders' success for mastery trading

This concludes our discussion on the second important element of professional traders’ success, which is "Mastering the Execution of a Profitable Trading System".
For an overview of 3rd secrets of professional trader’s success, which is “Resolving the Human and Market Psychology Conflict”, please click on the link below to read about the Price Psychology Action vs Price Action.

Related Posts

Smart Trading Drills Under a Learning Management System

Smart Trading Drills Under a Learning Management System

In this video, we continue our discussion on the second secret of professional traders’ success, and outline the advantageous of using smart drills under a learning management system.As we mentioned...

Trading Success Rate and Comparison with Other Professions

Trading Success Rate and Comparison with Other Professions

In this video, we would like to share our experiences with you about the most important secrets of the professional traders toward their success! So we can learn and follow...

Price Psychology Action

Price Psychology Action

In this video, we discuss the third secret of professional traders’ success, which is Resolving the Human and Market Psychology Conflicts.

Master Algorithmic Trading  Processes

Master Algorithmic Trading Processes

Hello all traders! In this video, we will continue our discussion on the second secret of professional traders’ success, which is Mastering the Process and Algorithm (also known as Algo)...

Leave a comment

Please note, comments must be approved before they are published