Changing the Equation
popdoc2010-12-14T17:49:46+00:00Most people enter trading with the idea that they are going to make a lot of money. In other words, they have high expectations. There is nothing inherently wrong with
14
12, 2010
About popdoc
This author has not yet filled in any details.So far popdoc has created 138 blog entries.
10
12, 2010
Patience, Poker and Trading
popdoc2010-12-10T16:43:44+00:00I'm re-posting this piece due to popularity.... A few months ago I asked a friend who is a veteran trader and a former professional poker player for some advice before
6
12, 2010
Are You Patient?
popdoc2010-12-06T18:20:52+00:00In any competitive arena, whether it is trading, sports, poker, or others, waiting is often a very potent form of power. Waiting can come in many forms: waiting for the
29
11, 2010
The Importance of Working With Emotions
popdoc2010-11-29T17:52:06+00:00As traders, we use charts, data, and logic to analyze the market and develop a strategy or trade plan, but in the heat of the moment, emotion can often take
16
11, 2010
Perfectionism and Performance
popdoc2010-11-16T18:06:01+00:00A 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
9
11, 2010
A Practical Approach to Trader Development
popdoc2010-11-09T15:30:23+00:00A common way of looking at the development of any skill, including trading, is to use the psychologist Abraham Maslow’s Four Stages of Learning model. Maslow uses the matrix of
1
11, 2010
The Slippery Slope of Prediction
popdoc2010-11-01T16:54:36+00:00Trading is not really about prediction or being right or wrong. It is really about how much are you willing to risk to find out. It’s easy to take the
26
10, 2010
Understanding the Difference Between Pain and Chaos
popdoc2010-10-26T14:37:45+00:00To a large extent, human nature dictates that we seek pleasure and avoid pain or discomfort. In the effort to seek pleasure and avoid discomfort, humans (and traders) can engage
20
10, 2010
An Alternative Way of Looking at Risk:Reward
popdoc2010-10-20T19:13:40+00:00The typical trader is not profitable, and I suggest that one must learn to operate differently than the typical trader. One example is how the typical trader looks at risk
15
10, 2010
A Follow-up to the Webinar on Self-Confidence
popdoc2010-10-15T15:27:49+00:00It 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.