DKS

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So far DKS has created 250 blog entries.

Why Change Your Thinking about Your Emotions?

John Netto, a very successful trader, is currently finishing his book The Global Macro Edge wherein he takes on what he sees as the myths of Wall St. One of the chapters will be titled “Emotions are your Biggest Ally”. How, when it seems emotions are usually our biggest enemy, could John think such a […]

By |November 21st, 2015|Emotion Analytics, Emotion research, Learning Psych Cap, Uncategorized|0 Comments

Gain Market Intuition with NinjaTrader’s Market Replay

Back in the ‘90s in Chicago when I just beginning to trade my mentor would say: “I’ve seen this movie before.” Mistaking the market for a math problem, I really didn’t get what he meant – until indeed I too felt a click of recognition as I watched price action unfold. Experience delivers an ability […]

Which Strategy for Trading Emotions Actually Wins?

Conventional wisdom still dictates that traders “control their emotions.” Yet somewhat conversely, the cutting edge of neuroeconomics research shows that “emotion determines how we perceive our world, organize our memory and make important decisions” (Brosh, 2013).

Ever wonder why you did the exact thing you planned not to? Ever marvel at how you said you would […]

The Art of War and Monday Morning Sell-Offs

For many traders, me included, waking up to a big sell-off is very exciting. The feeling that there is money to be made reverberates in my gut. In fact, that feeling borders on fear of missing out. Fear of missing a bounce, fear of missing another leg down and sadly, a tinge of regret for […]

By |August 24th, 2015|Uncategorized|0 Comments

Trading Emotions – the Latest Research

The latest research on preventing the behavioral risks of emotion overload once again turns out to be counter-intuitive. Instead of using your logic to change your feelings, it appears that embracing your emotions may be the fastest route to calming or changing them. “Tapping into more emotions improves coping, according to Todd Kashdan, […]

By |August 13th, 2015|Definitions, Emotion research, Uncategorized|0 Comments

Uncertainty – Reprinted from Psych Capital Tips and Tricks

Trading psychology advice permeates the world of traders. Yet, the majority of traders still experience a challenge that goes like this: “Why did I do that?” They have a plan, they swear they will not make that mistake again and BAM! they do precisely the thing they did not want to do (and swore they […]

By |June 15th, 2015|Comfort Food, Denise Shull, Risk Decisions, trading psychology|0 Comments

Reading Fiction Might Improve Your Trading

Back in 2007, Cal-Tech ran what is turning out to be a revolutionary study on how the brain predicts price moves. The authors found that predicting other people is the key skill behind correctly predicting price moves. In some circles, this skill is called mentalizing but until recently, skill development programs for this ability were […]

“Negative” Feelings May Be A Positive

In a world steeped in the mantra of “remain positive”, what is a trader or portfolio manager to do when frustration mounts? Winning in the game of markets is hard. It really is hard. Sometimes, or maybe even quite a lot of the time, that fact is going to lead to so-called “negative” feelings.

Even winners […]

By |May 12th, 2015|Comfort Food, Emotion Analytics, Emotion research|0 Comments

Really Simple Ways to Improve Trading Results

In a culture where it seems like hard work will be an edge, many traders mistake the type of work that will indeed create the best results. Trading is not only an intellectual exercise but a physical and emotional one as well. It follows then that an edge or at a minimum, the approximation of […]

Nailing Better Trade Exits

Do you realize that almost no matter where you exit a trade, you are going to feel bad? If the trade is a winner, you wonder if you could have gotten more out of it or why you gave back part of what you had. It’s like a winner is ironically a no-win situation. On […]