Learn how 10 is Greater Than 90 with The Crosshairs Trader's new eBook. Get your copy today!
ARE YOU WELL GROUNDED?
Fellow trader and psychologist Brett Steenbarger offers some great advice on emotional control.
HOW MANY STOCKS CAN YOU TRADE AT ONE TIME? Keeping things simple and manageable means trading fewer instruments. Be careful that you do not miss the forest for the trees.
HOW YOUR UNIQUENESS CAN MAKE YOU MONEY: Find your strengths and weaknesses, exploit the one and work on eliminating the other.
INTUITION: This is a great article by veteran trader Van K. Tharp. In it he discusses the human versus the machine in trading and I agree with him when he says that “despite all the advances in computers over the last 50 years, no computer comes close to the human brain.” His new book Super Trader is on my current reading list (along with half a dozen others).
ABCDEFG……: Stock trading success can be as easy as ABC. Did I not just recently think of that too?
IT’S OK TO BE WRONG: In fact, being wrong could help you get it right. Make sense? Traders can find comfort in learning from what has gone wrong instead of fighting it.
RETHINK YOUR THINKING: Do you really understand the how your brain works? “Your brain is using context, pattern matching, probability judgments about the unknowable – and therefore so should you! Work with it – not against it.”
DISCOVERING A SANITY NEEDLE IN THE HAYSTACK OF CRAZINESS: Very poignant article at a time when the market seems to be doing exactly the opposite of what “logic” would indicate. The market, however, has a logic all its own.
Related posts:
- THE THINKING TRADER 10/30/2009 Some of the latest reads on how traders think. ...
- THE THINKING TRADER 11/20/2009 Thinking about trading. ...
- THE THINKING TRADER 12/11/2009 Thoughts on trading. ...
- THE THINKING TRADER 11/13/2009 Some good articles on how to think about trading. ...
- THE THINKING TRADER 10/9/2009 INTUITION BASED ON A SIMPLE TRADING STRATEGY I am not...
Click here to use your feed reader.