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Trading Psychology: How to Improve Your Trading Results Many traders focus on their results--their P/L--and never make the process changes that could lead to sustained results. A great deal of writings in the area of trading psychology emphasize the changes that traders should make--not actual techniques traders could employ to make those changes. When I wrote The Daily Trading Coach, the idea was to create a "cookbook" that would help traders coach themselves, using established, proven techniques from applied psychology.It's time, however, to update those "how-to's". In the most recent Forbes article, I explain how evidence-based approaches to short-term therapy can be adapted to help us achieve peak performance in our trading--and in our personal lives. This is a major development in psychology. Until recently, change techniques have been used to help troubled people reduce their problems. They have equal value, however, in achieving positives as "therapies for the mentally well." More..
Trading Psychology: How to Improve Your Trading Results
Many traders focus on their results--their P/L--and never make the process changes that could lead to sustained results. A great deal of writings in the area of trading psychology emphasize the changes that traders should make--not actual techniques traders could employ to make those changes. When I wrote The Daily Trading Coach, the idea was to create a "cookbook" that would help traders coach themselves, using established, proven techniques from applied psychology.
It's time, however, to update those "how-to's". In the most recent Forbes article, I explain how evidence-based approaches to short-term therapy can be adapted to help us achieve peak performance in our trading--and in our personal lives. This is a major development in psychology. Until recently, change techniques have been used to help troubled people reduce their problems. They have equal value, however, in achieving positives as "therapies for the mentally well." More..
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