Archive: September, 2010

MORE than Animal Spirits

For the past 50-60 years it has been popular to relegate the very relevant and powerful dimension of emotions to the category of “to be controlled”. On one hand, we talk all the time about how confidence, which is a a feeling more than anything, is so important in all domains: markets, politicians, sports…. and [...]

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Truly Understanding your Trading Decisions

In many ways, many traders end up shrugging their shoulders to the tune of “oh well I will do better next time”. The question becomes /what exactly/ will make them perceive, decide and act “better” the next time? I mean it isn’t like there aren’t tons of methods and tools to help a trader with [...]

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It isn’t about NO emotion, it is about “picking” the right one.

You hear it in the press and from ostensible experts all of the time – versions of “have no emotion”, “remove emotion”, or “emotion got in the way”. What is so amazing about this is how they don’t notice that emotion is necessary for everything – perception, decision, action and of course, motivation. Somehow they [...]

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