Overreaction to a loss
popdoc2013-06-04T11:50:34+00:00I see it all the time - in my work with clients and in my own trading. Issues in trading are often reenactments of old emotional and behavioral patterns from
4
06, 2013
21
02, 2013
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
31
05, 2011
A Question You Need to Ask
popdoc2011-05-31T15:06:37+00:00Taking a pre-defined loss is part of the business. Exiting a winning trade and watching it continue to work without you is part of the business. Missing an opportunity is
19
05, 2011
Walking The Plank
popdoc2011-05-19T13:38:54+00:00The mind is very powerful. We interpret things based on how comfortable we are, and we decide to take action based on that perceived comfort level. It reminds me of
14
04, 2011
Your Brain Is Not A Computer
popdoc2011-04-14T17:08:26+00:00Many 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
17
03, 2011
The Tick by Tick Assault on Your Judgement
popdoc2011-03-17T15:48:50+00:00Tick-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,
10
01, 2011
The Effects of Stress on Trading
popdoc2011-01-10T16:43:12+00:00I’ve wanted to write something about stress and trading for a while, and there are many directions I could go in. I decided to not go in the direction of