Posts tagged 'Psychology'
Your Own Worst Enemy. - Why it is so hard to develop a real ‘Behavioural Edge’ in Trading.a guest article by Steven GoldsteinThe Dunning-Kruger effect is a behavioural bias which refers to people’s belief that they are more capable than they really are. This is a cruel trick played on traders by themselves which keeps most... read more
Self-Awareness and Understanding your Risk Personality, Why it Matters for your Trading and Investment Success. by Steven GoldsteinIn my work as a performance coach working with traders, I find far too many traders and risk professionals lacking adequate levels of self-awareness. They have huge knowledge about 'the enemy', their market, however they suffer a dearth of... read more
The Being of Trading by Steven Goldstein of AlphaRCubed Dennis Gartman’s timeless trading rule Number 3 states that ‘Capital comes in two varieties, mental and that which is in your pocket. And that of the two 'mental' is the most important and most expensive’. Mental capital is so difficult to control and manage because our brains and... read more