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
Trading Psychology to Sports Psychology: Applying The Shull Method at Hendrick MotorsSports
ReThink is so pleased to announce our work with Andy Papa and the Pit Crews of Hendrick MotorSports. We are working with each cup team - Cars 9, 24, 48 and 88 and the various levels of development teams, two of which support cars 37 and 47. We began with…
The Offense and Defense of Trading
Trading is hard. This far-flung, never-ending electronic poker game serves up a mental challenge unlike any other. Anything can happen at any time. It looks like a numbers game but it's really a people game. The data are numbers but the information is in the relationships between, and the implications…
Develop the Instincts for Trading
“I got them all wrong” exclaimed one private equity portfolio manager. “Ha! Right!” said another Chief Investment Officer when I suggested that the pattern recognition skills embedded in succeeding with the Bloomberg Tradebook Trader Brain Exercise (TBX > GO) resembled private equity decisions. With almost ten thousand players, this exercise/game illustrates an underlying…
Solve that Cleveland Sports Curse
UPDATE June 20, 2016: I am SO glad the Cavs won! Thrilled. Elated. Vindicated. Ecstatic. Relieved. Joyous. Shocked... not necessarily in that order. Maybe someday I will get to interview LeBron about the cycle of emotions he experienced and used to create this incredible historic victory! UPDATE June 17, 2016:…
Recover from a Trading Mistake through Writing
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…
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…