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Category Archives: Trading Psychology

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Practice Does Not Make Perfect

Trading PsychologyBy Chris TateOctober 7, 20141 Comment

A decade ago, Magnus Carlsen, who at the time was only 13 years old, created a sensation in the chess world when he defeated former world champion Anatoly Karpov at a chess tournament in Reykjavik, Iceland, and the next day played then-top-rated Garry Kasparov–who is widely regarded as the best chess player of all time–to…

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Its Silly To Be Frightened Of Being Dead

Get Your Shit Together, Trading PsychologyBy Chris TateOctober 5, 20141 Comment

That process depends on what you are dying of. The body can fail in ways that are extremely distressing, slowly and painfully, demanding much stoicism, or it can switch off with little more than a flash of dizziness. In my family we seem to have been uncommonly lucky in that respect. There was the 82-year-old…

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Why Most traders And investors Fail

Trading PsychologyBy Chris TateOctober 4, 2014
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Occupational Hazards of Working on Wall Street

Brokers/Fund Managers, Trading PsychologyBy Chris TateSeptember 26, 2014

Technology entrepreneurship will never have the power to displace big Wall Street banks in the central nervous system of America’s youth, in part because tech entrepreneurship requires the practitioner to have an original idea, or at least to know something about computers, but also because entrepreneurship doesn’t offer the sort of people who wind up…

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Some Things Never Change

Get Your Shit Together, Trading Psychology, Trading ResourcesBy Chris TateSeptember 26, 20141 Comment

A few weeks ago I took LB’s youngest off to her first Tae Kwon Do class – she is a dab had at Japanese Jujitsu and the thought of actually kicking people in the head appealed to her (as it should). So as the resident expert on such things I did a bit of research…

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Traders: Millions by the Minute

Trading Psychology, Trading ResourcesBy Chris TateSeptember 23, 20145 Comments

BBC two parter on trading. I cant embed the video so you will have to go here to watch it on BBC iPlayer. If you run into problems with geoblocking you may need to install a browser extension such as Hola or Media Hint Two-part documentary series which goes inside the fast and fiercely competitive…

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‘Why I bet £900k on the Scottish referendum’

Economy, Get Your Shit Together, Trading PsychologyBy Chris TateSeptember 23, 20142 Comments

I’d call it responsible gambling. And my main advice would be “don’t try this at home”. But I’d prefer to call this a reasoned wager. For me it was almost an investment. I made the bet in four instalments but I’d always planned to wage £900,000. I staggered it in the hope that the odds…

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The Way You Do One Thing

Get Your Shit Together, Morons I have met, Trading PsychologyBy Chris TateSeptember 22, 20142 Comments

The expression the way you do one thing is the way you do everything is a phrase I freely admit that I pinched from Michael Yardney. It is a phrase that gives a wonderful insight into both the character of people and the reason why they might fail or succeed at a given endevour. Let…

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Get Rich

Trading Psychology, Trading ResourcesBy Louise BedfordSeptember 21, 2014

Please get rich. I mean really rich. Make this your year to do just that. Yes, I realise it’s in vogue to think of the rich as being capitalist pigs, worthy of derision – but let’s look at the facts. Unless you personally develop wealth, then you’re going to have to rely on the rich…

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