Learn How to Lose to Win Over Time
popdoc2010-10-14T05:04:33+00:00Before getting into the topic at hand, I want to first say that as a discretionary trader in the ES, I try my best to not think or act like
Before getting into the topic at hand, I want to first say that as a discretionary trader in the ES, I try my best to not think or act like
As traders try to improve performance, the one piece of knowledge that is often overlooked, is self-knowledge. Most traders would benefit by simply focusing on doing more of what works
It’s very easy to get locked into a scenario, or an opinion of what you think the market ‘should’ do based on some economic development. This happens to all traders
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
I came into trading back in 1995 after having worked for a few years as a psychological consultant for the U.S. Dept. of Defense and the Navy. That work involved
Some traders post their trades in a public forum like twitter, a message board, a blog, or in a chat room. As in many things, there are pros and cons.
Emotion analytics is the process of tracking one’s emotions. It is an important tool in trading psychology and is used by some very sophisticated traders. The importance of understanding your
We never know what will happen. The market is in constant motion and is a sea of uncertainty. We must learn to become comfortable with alternative views if we want
We all have different personal strengths and weakness. Many people focus on transforming a weakness into a strength. While that is admirable, the reality is that it’s not always possible.
Altering one's beliefs can be an effective way to improve performance, but it requires a type of work that most people typically don’t anticipate. Although beliefs, emotions, thoughts, perceptions, etc,