Beating Yourself Up

Trading Psychology

I’M SENT A LOT of emails every month from people who are trying to come to grips with errors they’ve made and problems they’re experiencing while trading. It’s so tempting to beat ourselves up when we stuff up a trade, isn’t it? If you’ve found your self-talk is suffering after taking a battering on the…

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Awe

Trading Psychology

Although the study looks to investigate several aspects of this emotion, the initial — and perhaps most intriguing– hypothesis is pretty striking: the experience of awe will expand your perception of time…… …..The results lined up perfectly with the study’s founding premise (which was probably unsurprising to the study’s authors). They show that experiencing a…

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Failure

Trading Psychology3 Comments

My wife is a bit of a golf nut so for the past four days we have been watching the British Open – in particular we have been following the progress of the Australian golfer Adam Scott. Who after three days seemed to have put a comfortable buffer between himself and everybody else. On the…

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Prediction Markets

Economy, Trading Psychology

Came across this interesting little paper. The title can be a little confusing since the term prediction market is simply used to convey a market that generates odds. When they say prediction market think bookmaker. The gist of the paper is that such markets have been used for centuries for a variety of events but…

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