Mindfulness and trading emotions was the topic when I was a special guest this week on the On The Money Radio show hosted by Steve Pomeranz. Steve is an expert investor and provides market commentary, investment tips and interviews others in the investing and trading world. He was interested in my new book, Trade Mindfully and found that the material covered in that book not … [Read more...]
Surviving a Trading Loss
Trading Loss Surviving a trading loss. No one likes them. Many try hard to avoid them. Some sweep them under the rug when they happen. No matter how you respond to trading losses, one thing is absolutely clear: You will have trading losses. Trading losses are a part of the game. They cannot be avoided. So, if this is true, wouldn't it be a good idea to have a strategy … [Read more...]
Trading Mental Blind Spots
Trading Mental Blind Spots Mental blind spots in trading cause a lot of trading errors. Thinking errors--cognitive biases and heuristics--are part of the problem. Notably, emotions don't figure strongly in mental blind spots. Many traders focus on disruptive emotions like fear, greed and hope, but ignore the very common thinking patterns that disrupt trading. Recently, … [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...]
Commitment Wins!
Several days ago, I wrote a post about two climbers—Tommy Caldwell and Kevin Jorgeson—and the incredible commitment they were displaying in climbing the hardest rock climb in the world. I am happy to report that these two intrepid souls completed their historic climb, topping out today. After 19 days of living in the vertical environment of El Capitan (and, yes, without shave … [Read more...]
