Recover from a Trading Mistake through Writing

[fusion_text]A few weeks ago, I attended the annual meeting of The Social and Affective Neuroscience Society¬†(SANS) - a seemingly unlikely place to figure out how to resolve a trading mistake! Those who follow me know I am not only a closet academic but that many of the advanced trading psychology…

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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…

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Do I want to be Right or Do I want to make Money?

As I prepare for The Galtere Institute's Behavioral Finance symposium, I am doing what I always do before I speak - catching up on the latest studies on emotion and risk decision making. For example, did you know that there is actually still much disagreement in science about what emotion…

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So you doubt the unconscious do you

Check this out ....A study done in conjunction with a Harvard neuroscientist - unconscious processes in the most unlikely of places - a complete loss of vision.(Today's New York Times Science Times) Go see the video at the website of Beatrice Gelber The brain is an amazing thing. Happy Merry…

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