Category: Comfort Food

A Real Trader Writes about Working His Psychological Capital

Dear Denise, I hope you are well and that your book is coming along nicely. I haven’t written in awhile, but I’ve been having quite a time with the Access course. When I began, I made steady progress through the first four or five chapters, and my trading was improving as well, though I didn’t [...]

Comments »

Market Hangovers by Trader K

The biggest part of trading is not trading, staying away from the markets when your psychological capital is low, when you are incapable of seeing who is giving you a real green light and who is just teasing.

Comments »

Morgan Stanley, Tom Watson and Recovery

Today’s neuroscience proves that the residual feelings resulting form one event can completely color your beliefs about the next event. It also proves you can’t act – or even make a decision – without emotional inputs. Therefore, managing those inputs – in the way that works – is a singularly profitable (and winning) endeavor.

Comments »

Love and Trading By Trader K

“I return from holiday rested and relaxed, to quote Ben Lichtenstein, “I have tasted the sweetest Mediterranean tomatoes brought to me by dusky maidens and washed down with oaky red wine in the shade of orange trees, I have felt real warmth from the sun on my skin again.” Pulling up a chart once more, [...]

Comments »

Gregg M., CMT at Morgan Stanley sent this….

Black Swan pattern confirmed ….

Comments »

The Wonderment of Modern Psychoanalysis

Modern Psychoanalysis investigates, identifies and resolves mental and emotional resistances to change. It differs from the ubiquitous common approaches to helping others by avoiding the inescapable self-consciousness created by the process of setting goals and standards and then attempting to enforce them. These techniques tend to make clients feel guilty or “wrong” if (or when) [...]

Comments »

Deep Breaths, No TV and Calm

The WSJ’s Intelligent Investor … The weekend edition of the WSJ included Zweig’s column on fighting the herd mentality. In many ways it is good article… but it does what all articles and commentary seem to do… in the end it says “get rational”. The problem with this is when you feel terrified it is [...]

Comments »

A thousand points?

a 1000 points???? are they kidding……. Richard Bookstabber in Demons of our Design had it right when he described how interconnected all trading and all markets are…. the only part he didn’t really cover in detail is this: it is NOT fear and greed – it is fear and fear2. Fear2 is the fear of [...]

Comments »