http://www.wired.com/wiredscience/2010/09/the-tight-collar-the-new-science-of-choking/ interesting use of the auditory channel to improve performance when under stress i do the same thing with the use of drum solos to help me concentrate when trading at key moments in the trading day classic chokes — appear to rise from the process known colloquially as “thinking too much” or “paralysis through […]
Tag: stress
A reflection on charismatic leadership
Image via Wikipedia I am naturally skeptical about charismatic leaders, but I have seen its power in action. Just before GEN Petraeus left our college to take command in Iraq he gathered faculty and students in our large auditorium, which seats 2500. He spoke in a very relaxed manner, hardly the tone you might expect […]
Profitable ETF Trading Strategies: Experiencing the Zero-State
For me, achieving the zero-state is a necessary precondition for trading at my peak. In other essays I have described it as a place where adjective pairs of mental states cancel each other out, leaving only a moment of pure being. It is the space between the words that we know, a moment and a […]
Profitable ETF Trading Strategies: Trading From the Zero-State
One of the most important qualities of the professional trader is the ability to manage your psychological state. Psychology is such an important component of shorter term trading that it can make all the difference between success and failure. In my own trading, the essential state of mind I must be in to trade at […]
Profitable ETF Trading Strategies: How science can improve your trading
Trading by its very nature is filled with uncertainty. Any human endeavor that has such a strong psychological component must be uncertain, until such time as human nature itself undergoes a fundamental change. It is uncertainty which helps make a market for assets. It’s what helps drive the discovery process to uncover the relative value […]
Profitable ETF Trading Strategies: You don’t have to be “right” to make money
What happens when you have placed your trade and you immediately have second thoughts as you watch the market moving against you? It is a normal trading experience to have a position that has moved in your favor a certain distance but has begin to stall before it reached the price that you were expecting […]
Profitable ETF Trading Strategies: being a good Mastermind member
We have seen in a couple of other articles the benefits that accrue to members of a good Mastermind trading group, and some ideas on how to find and join a good Mastermind group. Having joined a Mastermind, how should you behave? Most of your behavior should be guided by the principles of being a […]
The Snapping Turtle trading technique: a case study
Here is a snapshot of one of our bread and butter intraday trading techniques: the “Snapping Turtle” technique which in Coca Cola (symbol: KO) turned in another reliable trade as the market melted up today. Chart 1 reflects the situation at the moment of entry. Our analysis suggested that if price were to move thru […]
Reflecting on unbridled competition: a relic from the Pleistocene?
One of my fellow students posed the following question to me after reviewing some comments I made in the chapter we are co-editting re: socialism and unbridled competition: Ken, Your argument on unbridled competition looks solid, but some may disagree that it is THE cause for disharmony and mutual survival. I not sure if you […]
The path to mastery, with emotional intelligence
The studies in the Cambridge Handbook of Expertise and Expert Performance describe the path to mastery as: (1) Deliberative Practice (2) Time spent at Deliberative Practice (3) Assistance from a mentor. Deliberative practice can be broken down to: (1) Identifying a long-term outcome (2) Breaking down the skills that lead to that outcome into its […]