Only 9 Home Runs: Breaking Through Self-Imposed Ceilings to Realize Our Full Potential
Sometimes, we limit our own potential. So how do we overcome these self-imposed ceilings? First, we need to create awareness around self-limiting beliefs.
Owning Your Negative Emotions
Fears, frustrations and regrets can illuminate things we need to know. Itemizing feelings actually dissipates their unpleasant energy and in turn opens up pathways otherwise hidden. Admitting to shades of these "negative feelings" REDUCES the chance that the feeling gets in your way.
You Never Know When Your Shot Will Drop
Saturday night, a horse and a jockey with 80-1 odds stunned the horse racing world by coming from behind to win the prestigious Kentucky Derby. The only other horse to win with longer odds was Donerail in 1913, at 91-1-- more than a century earlier. If this isn't an object lesson in how we never know when our chance will strike, then nothing is.
Need Cleveland Despair? Yes, (Temporarily).
Temporarily despairing could be the clue for the Brown to prevail in Pittsburgh
Using “Negative” Feelings to Get You What You Want
Here’s an example of how leaning into all of your feelings - even the so-called "negative feelings" - works. This morning I went to my usual, fairly challenging, workout class at Equinox. Between my own suspected concussion (surf board to head) + my dog’s trip to the emergency room, I’d…
Trading Emotions Echo the Past
A trader I coach predicted this as the best positioning for Brexit : Short the pound, short the S&Ps, long gold and short oil. This is John B. - a guy with 20+ years of very successful experience and a recent history of working on separating instinct from impulse through…
FOMO or Fear of Feeling Bad in the Future
This morning I was talking to a coaching client and we jointly realized that to characterize one of the most powerful trading emotions as FOMO actually misses the most important point. FOMO - or fear of missing out - connotates the fear of missing an event which really isn't the…
Why Advanced Trading Psychology is Your Best Bet
In the Annual Review of Psychology 2015, Lerner of Harvard points out that from 1970 to 1995 there were virtually NO scientific papers on the subject of emotions and judgment and decision making (JDM). From 1995-2000 there were less than 50 a year and then it began to climb. The…
Brain Turns Statistics into Emotion!
In technical terms, the researchers call this projected emotion, "anticipatory affect". In simple terms, the results of this meta-analysis of the brain's reaction to probabilities in risk goes like this: 1. A trader or PM takes in information about the expected mean, variance or skewness of a trade. 2. The…
How Traders can Leverage the New 4 “Basic” Emotions
Did you know that no one knows for sure how many "basic" (irreducible) emotions there are? Many scientists have long believed in six, a new study indicates four and a growing body of work by the teams emerging from Lisa Feldman Barrett's labs makes a very credible case for only…