What do you do if your Technical Analysis team is facing conflicts?

1 Identify the source of conflict

The first step to resolving any conflict is to understand what is causing it. Is it a factual disagreement about the data, the analysis, or the trade idea? Is it a personal clash over communication, feedback, or expectations? Is it a structural issue related to roles, responsibilities, or resources? By identifying the source of conflict, you can choose the most appropriate strategy to address it and avoid unnecessary escalation or resentment.

2 Communicate respectfully and openly

Communication is key to any successful team collaboration, especially in TA, where opinions can vary widely and emotions can run high. When facing a conflict, you should communicate respectfully and openly with your team members, using facts and evidence to support your views, listening actively and empathetically to theirs, and acknowledging any mistakes or misunderstandings. You should also avoid personal attacks, insults, or sarcasm, as they can damage trust and rapport. Instead, focus on the common goal of finding the best TA solution for the team.

3 Seek feedback and learn from others

One of the benefits of working in a TA team is that you can learn from others and improve your skills and knowledge. Instead of seeing conflict as a threat or a competition, you can see it as an opportunity to seek feedback and learn from different perspectives and approaches. You can ask your team members for constructive criticism, suggestions, or tips on how to improve your TA performance, and offer the same to them. You can also share your resources, tools, or insights with your team, and explore new ways to enhance your TA methods.

4 Compromise and collaborate

Sometimes, the best way to resolve a conflict is to compromise and collaborate. This means finding a middle ground or a win-win solution that satisfies both parties and respects their interests and preferences. For example, you can agree to use a combination of TA tools or techniques that both of you find useful, or to split the trade into different time frames or risk levels that suit your styles. You can also work together on a joint TA project or challenge that requires cooperation and creativity.

5 Escalate or exit if necessary

In some cases, despite your best efforts, you may not be able to resolve a conflict within your TA team. The conflict may be too complex, too intense, or too persistent, and it may affect your performance, well-being, or relationship with your team. In such situations, you may need to escalate or exit the conflict. Escalating means involving a third party, such as a manager, a mediator, or a mentor, who can help you find a fair and impartial solution. Exiting means leaving the team or the project, either temporarily or permanently, if you feel that the conflict is irreconcilable or intolerable.