Originally posted on Business Insider, April 17. Conventional wisdom in trading psychology used to depend on two primary tenets – discipline and ‘control your emotions’. But that was before neuroscience started putting traders, poker players
In response to the post and discussion here by @ppearlman, @andrewunknown asks: Phil’s last line: “So, even awareness is overrated. Its a start but really its about your choices. Its where the training begins, not
Last Sunday, the most successful trader I knew from the Chicago Options pits texted me this – “Self-examination is the key to noodle making and other accomplishments.” Now you should know two things – 1)
At the Compliance Exchange, I posted some thoughts on the SEC sending a Wells Notice to Netflix and their CEO, Reed Hastings. It turns out that that Holman Jenkins at the WSJ agrees with me.
to discuss her recent book Market Mind Games
It never ceases to amaze me how “Regret Theory”, while SO instructive, has been missed by psychologists & economists. http://t.co/lNfxouQ2
In case you missed it, here’s my segment on CNBC Squawk Box this morning. Had a ton of fun with Joe and Andrew. More later. FRIDAY the 10th … and yes, this Joe, this approach
This is a true story. 3 years ago today (I have this weird memory for dates), I spotted Jamie Dimon and Bill Daley sitting outside Gibsons in Chicago. I just happened to have come from
Lisa Feldman Barrett and her colleagues at The Affective Science Institute have been talking for a couple of years now about how even our eyesight needs emotion to actually work. She says that without emotional