A Key Question to Ask Yourself NOW
popdoc2013-02-21T08:48:00+00:00After a big move like yesterday, emotions naturally are stronger. On days like today - the day after, the propensity to trade in response to our P&L is much
After a big move like yesterday, emotions naturally are stronger. On days like today - the day after, the propensity to trade in response to our P&L is much
If you consider yourself to be a discretionary trader, even with 'rules', what does that really mean? The definition of discretion is the ability, the power, or
I’ve been getting a lot of questions about confidence lately. There are many ways to look at confidence for a trader. Is it a belief? A feeling? A combination?
Many models of cognitive functioning like to use computer analogies. That can be okay, but has limited utility when you're actually trying to change something about yourself. The computer model
Everyone talks about uncertainty, and many of you realize that the only thing that is certain in trading is uncertainty. The problem is that most people understand it on an
The alternative title for this blog was, 'Cognitive Flexibility Pays' Some things never change. When humans are faced with information or data and need to decide what to do with
Tick-itis is a frustratingly painful dis-ease uniquely associated with short-term trading. And the interesting thing is that it even affects people who think they are immune to such things. Indeed,
A common trait among newer traders, or among traders that are not profitable is a need for perfection. With so much noise in the media, blogs, and forums about calling
It was nice to see that my recent webinar on self-confidence in trading had about 325 live attendees. I wanted to mention a few things I didn’t have time for.
Does your self-esteem rise and fall with your account equity? If so, your probably in for some difficult times ahead with your trading. For some traders, a trade is more