Trading EducationPosted by Team TopstepApril 22, 2021
Meet Coach T
Your full-time, personalized, automated extension of our Performance Coaches is here, and it’s very cool. Like everything we’ve built at Topstep, Coach T™ was built by traders for traders.
Good habits are so important when you’re trading, and I’ve learned it’s a hell of a lot easier to develop those habits and stick to a solid routine with someone by your side. Coach T gives you tools equally useful for your big-picture trading journey and for navigating every single trading day. When used together, you’ll be able to develop an effective routine: Prep—Trade—Reflect™.
You’ll hear a lot more about Prep—Trade—Reflect over the next few weeks. Here’s a quick breakdown of the routine and the Coach T tools that will help you become a smarter, stronger trader:
You need to set a trading plan— and, most importantly, stick to it! With TraderIQ, you can craft your plan and be held accountable. Your Discipline Score helps you monitor how well you are trading against your daily loss limit, max number of trades, and max losing streak. Unsure of your plan? Test it in the Practice Account.
During your trading day, discipline and strong habits are key. Coach T helps you build both so you can leave rule breaks in the past. Turn on Alerts so Coach T can nudge you throughout the day. Think of Alerts as Coach T guiding you from the sidelines. Need to catch your breath or work on strategy? Head to the Practice Account.
Coach T’s Analytics helps you reflect on your trading so you can make smarter decisions tomorrow. With personalized data and insights, Coach T helps you regularly and consistently evaluate whether your strategy is leading to long-term profitability. Think of using Analytics as reviewing game tape. Take what you’ve learned, and make improvements while you Prep.
I’m confident that these tools will help you, and we’re excited to give our traders a new type of Performance Coaching. As always, you have our team to support you every step of the way. Over the next few weeks, we’ll go into detail about each step in the daily trading routine, Prep—Trade—Reflect. By the end of the next few weeks, you will have a stronger strategy and the tools you need to stay disciplined. Feel free to visit our Help Center to learn more about Coach T!