One of the most difficult issues for traders to overcome is their emotional investment in the outcome of any trade they take. Every time you take a trade long or short there is some degree of emotional investment even in the most experienced trader. There is no nexus between being right and being profitable but…
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Do you ever get the feeling that every single investment idea or movement is the greatest thing since sliced bread. What interests me is that this sort of breathlessness even inhabits what you may liberally call the more refined corners of social media such as LinkedIn. Normally you would only associate rabid fan boy behaviour…
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There is a line among the fragments of the Greek poet Archilochus which says: “The fox knows many things, but the hedgehog knows one big thing.” More here – American Consequences. Intriguingly most traders would like to be a variation of a fox since the belief is that the more you know the better you…
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You just got off the phone with one of your most important clients. The game-changing deal you were trying to close is off. They’re not interested. You’ve just pitched 10 potential investors. They all say they’re “interested” but it’s been two weeks. You refresh your inbox hourly, and yet still no word. How do you…
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When we talk about psychology, we refer to developing ourselves. When we talk about spirituality, we refer to transcending our selves. Most of us have entertained thoughts and feelings that there must be more to life than daily routines at home and work. Such reflections are at the heart of the world’s greatest religious and…
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Prof Ross Tucker is one of my go to sources for anything sensible within the world of sports science. He can also be found at The Real Science of Sport Podcast In this video, he looks at the mental health of athletes and it has surprising parallels to the mental health of traders.
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