Find Yourself A Cato
"We can remove most sins if we have a witness standing by as we are about to go wrong. The soul should have someone it can respect, by whose example it can make its inner sanctum more inviolable. Happy is the person who can improve others, not only when present, but even when in their thoughts!"
— Seneca, Moral Letters
Today's meditation is an interesting concept. Trading can be a very lonely business and it is good to have a close ally (a Cato if you like) to bounce ideas off and also to be in contact with when trading specific strategies. Maybe there's something you've missed, that your Cato hasn't and vice versa. It can be a great way to help each other, as long as your Cato can help guide your actions because he/she is thinking along the same lines as you. Also a great example of how it can help you stand witness for your own trades too, because you are pretty much working together. I believe it is another great way to help us improve and become more consistent on our trading journey.
I know Mark & James (Admin) work on a lot together and it is great to find that connection with someone so that you can help each other. After all, this is where TTM came from!
I have been working closely on my trading with Mark Cooper for over 5 years now and it works really well for us both.
So in finding the right Cato, you are also serving as a Cato to somebody else.
Do you have a Cato? If you haven't, see if you can find yourself one; but it has to be the right person you can connect with.