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 so I acknowledge and honor the feelings […]
My Journey to Self-awareness, by JON
I knew I needed emotional help the day I became so angry that I punched my bedroom door, stomped down the stairs, and kicked over a living room end table—shocking my wife and two boys, and, most of all, myself. I’ve always been known as the “laid back, non-emotional German from Minnesota.” I was […]
“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 different than the desk I ran or […]
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 capitalism for the economic descent […]