موقع التقني

  The common view in trading psychology is that we can work on ourselves and that will help us better weather the ups and downs, risks and rewards, of markets.  Certainly that is true:  as I describe in The Daily Trading Coach book , there are many research-backed techniques in psychology that provide tools for handling stress, uncertainty, overconfidence, and negativity. A complementary perspective , not as well appreciated, is that by working on our trading, we end up developing our strengths and building our capacity for leading meaningful and purposeful lives.  Indeed, how we work on our trading helps shape our ability to achieve our life's goals .  For example, in cultivating our creativity as traders --training ourselves to perceive opportunities that others typically miss--we become more creative in guiding our lives, from our relationships to our careers. This raises the important question;  What is the purpose of your trading ?  How can our tr...

  Radical Renewal is an online book written in blog format.  Each blog post is a chapter, covering a topic we rarely consider:  the spirituality of trading.  About a year ago, I wrote a popular post on " Evidence-Based Spirituality ", detailing how spiritual practices have been found to boost our emotional and physical well-being.  Still, the concept of trading spirituality almost seems like an oxymoron.  After all, isn't trading about making money?! We know that emotions can get in the way of trading, but why do rational people suddenly face problems like "tilt" when they are immersed in markets? The answer that Radical Renewal proposes is that problematic trading comes from the ego.  Successful trading comes from the soul. So what is the soul?  How can we develop our soul-fullness?  How can we make trading a renewing, fulfilling activity and not an activity that takes over our lives and depletes us?  What does recent research evidence...

  Traders I've observed over the years who have achieved consistent success display three important qualities: 1)  They trade with repeatable processes, so that their trades are planned and not reactive .  They have clear, structured ways of generating ideas, and they have clear structured ways of finding optimal expressions of their ideas; sizing positions based on those expressions; and managing the risk of those trades.  What we do repeatedly becomes relatively automatic:  it becomes part of us.  A great way to minimize emotional, reactive trading is to follow trading practices that are well-defined.  If we can capture what we do as a set of rules, we have the makings of a checklist that can guide our decision-making in the heat of the moment.  A huge part of developing as a trader is finding coaches/mentors who can guide you in the discovery of the trading processes best suited for you.  What are your personality strengths?  Your cog...