Connecting the Technical and Psychological Aspects of Trading How does a trader integrate the technical & psychological aspects of trading? In our weekly Deep Practice program, traders come together to actively learn and practice trading the markets. Often, we will look at a specific market principle in some depth. We did that in Thursday’s Deep Practice. We looked … [Read more...]
Trading Psychology Potholes: Be Aware of the Bumps in the Road
Trading Psychology Potholes Trading presents a lot of psychological challenges. We easily fall into thinking traps and can be run rough-shod by our emotions. Developing awareness of the common trading psychology potholes helps every trader not only negotiate these challenges, but become better traders. Here are five trading psychology potholes and some guidance on how to … [Read more...]
Signs Your Trading is on the Right Track
Trading on the Right Track Is your trading on the right track? Do you know the signs to look for to show you it is on the right track? We're always thinking about where traders go wrong, the mistakes mistakes we make, and other negatives. That's human nature. But it’s also important to remember to pat yourself on the back once in a while when things are going well. In this … [Read more...]
Top Ten Trading Psychology Myths
Top Ten Trading Psychology Myths Here are the top ten trading psychology myths: 1. People are born traders. Although certain personal characteristics can make it easier to trade, no one was ever born a trader. A main theme of Jack Schwager’s Market Wizards books is that virtually none of the market wizards was successful from the outset. They all worked hard at … [Read more...]
Dr Gary Interviewed on Market Wrap
Dr Gary Interview Earlier this week, I was interviewed by the nationally syndicated Market Wrap radio host, Moe Ansari. We discussed my new book, Trade Mindfully, and the psychology of trading. Moe has been covering the markets on Market Wrap for 25 years. He had some insightful questions he asked me regrading trading psychology. You can hear my interview by clicking on … [Read more...]