We are on the second day of the National Regatta Championship where my son Julius is participating together with his skipper Lucy. It is less eventful than the first day, but there is an important lesson that I want to tell you.
It is all about coaching.
Jeff is Julius’s sailing coach. He is a great coach; he practices with the kids to prepare them for the big event. There are several races during the regatta and while a race is in progress a coach cannot interfere. That is why Jeff prepares the team before the actual competition. He has to watch the race from a distance of 200 feet. Only after the race that Jeff can provide his feedback.
So what is the lesson here? Well, the same is true with every sort of coaching. A coach should not be with his or her apprentice side by side to tell them every move they need to take. Jeff for example, discusses the strategies to the sailing team and the team executes it. At the end, the coach will guide the team and provide feedback on what went right or wrong to make the team perform better on the next race.
This is also how I coach. When I work with my personal trading students, I discuss the overall strategy with them, and then I let them execute it while I monitor their progress and regularly, I provide them feedback.
I believe in learning by doing, put every lesson to practice.
If you want to know what happened next, watch this vlog https://www.youtube.com/watch?v=7cTJEpvLsUc&list=PLBa3sAx-Io2kCH7pMVubLPhUqGcsR-FQf&index=12
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