Trading Psychology
I am no expert in psychology. Just like all other traders, I went through all kinds of emotional troubles before finding my way to live with trading. Articles written on the subject are more personal experience than anything else.
I am a strong believer that by being knowledgeable enough in a subject (in this case trading), the emotional swings associated with the uncertainties will subside. The key here is not just knowledgeable in theory, but also fluent in applying the knowledge.
A good analogy is driving. You cannot drive a car by just learning it from a few video instruction sessions. You have to practice to get a feel how driving actually works. Better drivers do not necessarily driving cars many hours a day. It is the focus and the amount of time spent in fine tuning certain skills in driving that counts.
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alphabetical order | posting date
Essence Of Trading: Why We Love Picking Tops and Bottoms (Part 1)
All common trading techniques with positive expectancies are likely triggered on confirmed basis, meaning that there is no top and bottom picking involved. Yet, almost all traders who learn to trade on their own would do so. This behaviour of picking ...
All common trading techniques with positive expectancies are likely triggered on confirmed basis, meaning that there is no top and bottom picking involved. Yet, almost all traders who learn to trade on their own would do so. This behaviour of picking ...
Essence of Trading: The Three Pillars of Critical Thinking (Part 3)
... continue from part 2 "Being ignorant is not so much a shame, as being unwilling to learn" - Benjamin Franklin Stop Associating Common Terms With Market Conditions Until You Can Understand What They Really Mean The first most commo ...
... continue from part 2 "Being ignorant is not so much a shame, as being unwilling to learn" - Benjamin Franklin Stop Associating Common Terms With Market Conditions Until You Can Understand What They Really Mean The first most commo ...
WTF "van Gogh" Platinum Card ...
Sometimes cultural clash can be quite absurd. I just learned that in Asia there is this credit card named "van Gogh" Platinum Card and a financial institution offering the "van Gogh" money management service ... I understand if ...
Sometimes cultural clash can be quite absurd. I just learned that in Asia there is this credit card named "van Gogh" Platinum Card and a financial institution offering the "van Gogh" money management service ... I understand if ...
Essence of Trading: The Three Pillars of Critical Thinking (Part 2)
... continue from part 1 "Real knowledge is to know the extent of one's ignorance" - Confucious Objective Evaluation Is Difficult To observe and collect evidence from something physical is quite different from doing the same on abstract data. P ...
... continue from part 1 "Real knowledge is to know the extent of one's ignorance" - Confucious Objective Evaluation Is Difficult To observe and collect evidence from something physical is quite different from doing the same on abstract data. P ...
Essence of Trading: The Three Pillars of Critical Thinking (Part 1)
Critical thinking is not just thinking hard or deep into an issue and then decide whether to believe it or not. It is a common misunderstanding that everyone can just do that at will if they try. Most of us has to be trained to have the necessary cri ...
Critical thinking is not just thinking hard or deep into an issue and then decide whether to believe it or not. It is a common misunderstanding that everyone can just do that at will if they try. Most of us has to be trained to have the necessary cri ...
Essence of Trading: Importance of Critical Thinking And Why It Is Not Enough (Part 2)
... continue from Part 1 The Difficulties In Accepting Changes One of the reasons why many people fail to do something about their bad trading habits is that they cannot feel it. Knowing something is not good for you is one thing. Taking actions ...
... continue from Part 1 The Difficulties In Accepting Changes One of the reasons why many people fail to do something about their bad trading habits is that they cannot feel it. Knowing something is not good for you is one thing. Taking actions ...
Essence of Trading: Importance of Critical Thinking And Why It Is Not Enough (Part 1)
Critical thinking is a concept that we learn partially throughout basic education. For some who eventually enter graduate studies, it suddenly becomes a requirement. It is as if the concept does not require learning at all. I find this very odd indee ...
Critical thinking is a concept that we learn partially throughout basic education. For some who eventually enter graduate studies, it suddenly becomes a requirement. It is as if the concept does not require learning at all. I find this very odd indee ...
Essence of Trading: Trading Is Easier Than Most People Think
We were told, by traders before us, that trading is difficult - difficult to learn, difficult to turn a profit, and difficult to master. Their words, together with almost every book out there written on the subject, have painted a very grime pictur ...
We were told, by traders before us, that trading is difficult - difficult to learn, difficult to turn a profit, and difficult to master. Their words, together with almost every book out there written on the subject, have painted a very grime pictur ...
What a Simple Bingo Game Can Teach Us?
Kids playing with a MMORPG (in case you do not know what that is - it is the kind of game Wikipedia founder Jimmy Wales played and probably obsessed with many years ago) found a mini-game within the game that essentially plays like bingo. Each play ...
Kids playing with a MMORPG (in case you do not know what that is - it is the kind of game Wikipedia founder Jimmy Wales played and probably obsessed with many years ago) found a mini-game within the game that essentially plays like bingo. Each play ...
Essence of Trading: Daytrading (or Trading) May Not Be Your Best Career Choice
Some people think they can simply put hard work into trading and they will become proficient quickly. How hard could it be, many people asked, that it is just buying and selling something quickly to grab profit, right? Well, I can use a similar arg ...
Some people think they can simply put hard work into trading and they will become proficient quickly. How hard could it be, many people asked, that it is just buying and selling something quickly to grab profit, right? Well, I can use a similar arg ...
