I'm an intra day stock trader and I see strong parallels between Goody's coaching and an underperfoming trader
Goody reminds me of a trader who's discovered what he thinks is the holy grail technical market indicator (contest based footy) He's convinced it's a sure thing and will lead him to riches in the market (top 2). He possibly had a month or two of gains (2018) but he's now losing - Consistantly and a lot! (2019) . He's sure if he tweaks it just a bit all will be good again but remains oblivious to fact the market has changed and hasn't realised this indicator is very limited and only works in certain market conditions that no longer exist (oppo has worked us out)
Like many here I was flabergasted when Goody said he'd chosen not to review the Eagles finals loss last year. If I have a big trading loss, no matter how painful (they hurt!!!!) I review the living bejesus out of it. I don't want to make the same mistake twice. I want to know everything! Was it market conditions that didn't suit the trade plan? Was my state of mind making for poor execution or risk management? or did I miss an important cue in the charts that may have saved me that huge drawdown? You can not brush anything under the carpet or make excuses if you want be a successful in this game and your biggest learnings always come from losses not wins.
Great growth in trading is often proceeded by a particularly dark period but to grow from there you have to be able to let go of thinking you know the answer as the solution is often not what you think. Hearing him yet again after our Swans loss, talk about getting back to the 'contested' Melbourne brand and 'working our backsides off' along with bewildering player selections suggest Goody's head is still firmly in the sand. I hope he pulls it out real soon before it's too late and this playing group is damaged beyond repair and become like the trader who's had too many big losses and along with their money, lost their nerve.
Right now we're right on the precipice but I'm so hoping I come back to this thread in 12 months and he's proved us all totally wrong