Category: Trading Psychology
Essay: Are you smarter than the market?
by Justin Bouchard, AlgoFast The answer is yes. You are smarter than the market, but don’t let that go to your head. The market is an inanimate object. It’s not […]
The Risk of Uncertainty – the Uncertainty of Risk – Fox Business
Risk is the direct result of a random event which has a well-defined and measurable outcome. The chance of an effect – whether it’s tomorrow’s forecast, a card game, or […]
Special Message: Traders Never Sleep
I started using the phrase “traders never sleep” several years ago. Part of that is because we know traders are always looking at what the markets are doing at night, […]
How to profit & still lose
This is the story of how I made $1762.50 yesterday in a demo trade in the E-mini S&P [CME:ESH14], while failing as a trend-follower and a trader.
We buy and sell the stories we tell
[youtube id=”443Vy3I0gJs” align=”right” maxwidth=”300″]The recent Super Bowl ads were an example of companies selling a story about themselves. Coca-Cola, for example, is selling the word “happiness.” It’s a great word […]
Don’t try to steer a roller coaster, just hang on and have fun
When markets are going up and down and uncertainty reigns, you have to make two decisions, one long-term, the other short-term. Taking the long view and trusting yourself Long-term, you […]
What ‘trading’ and ‘market’ really mean
A helpful thought for the weekend. Sometimes the roots of words in history can give insight into their true meaning. They tell us how we should think of them. Markets […]
Stocks losses increase hospital visits – Bloomberg
A study by two finance professors at the University of California – San Diego found that hospitalizations went up when the stock market went down significantly. Anxiety attacks are particularly […]
How to turn resolutions into habits
It’s great to know you can count on yourself to do what you say you’ll do. Drive to the parking lot of any gym or fitness center the next few […]
New Year’s resolutions for traders and investors
Attend to your body. Make exercise and nutrition a priority, so you are calm and alert. No matter what the markets and life are doing on a given day, you […]