You Can’t Stop Your Brain from Predicting.
Human brains predict. In fact, we constantly anticipate in order to perceive anything.
Leaning into Desire
Ignore those who say you shouldn’t have desire. You should, you can, and you can use desire to achieve what you want. Take the desire and ask yourself “What would I need to do IF I were going to actually achieve this?”
Denise talks Trading & Golf Psych on CNBC’s Squawk Box
to discuss her recent book Market Mind Games
Trader Diagnosis’ Latest Thoughts
Here are some of the things I've been thinking about: The two areas in trading that separate the men from the boys (so to speak) are: 1.) The ability to divide environmental perceptions in half and process them separately. First I ask myself what I am feeling and in doing…
“Emotional arousal” is not something to avoid, but to master. By Elise Payzan Le Nestour
All this suggests that emotions are key information providers when deciding under uncertainty. They make us tuned to our environment. Actually, in some contexts of fast and intuitive decision-making in the face of unstable (high vol) conditions, one expects that the stronger the emotional uncertainty signals of the day-trader, the higher the performance.
New York Magazine “Professional” Traders
Every now and then someone calls me and asks me to recommend a "prop" firm and now I can just send them to this article - Surfing the Tsunami, New York Mag, Feb 2 issue Evidently this is news to the magazine but from my vantage point, this is no…
The Ascent of Money by Ferguson
This is a book everyone should read (even if this Economist link isn't exactly flattering). My virtual sister-in-law gave it to us for Christmas (trader/market shrink and economist/options trader in the house after all) and I am very glad she did. In these days of blaming the bankers and even…