Magical Thinking

Trading Psychology

Uncertainty in the presence of vivid hopes and fears, is painful but must be endured if we wish to live without the comfort of supporting fairy tales. – Bertrand Russell You would think that in the hard-nosed world of trading, the only concepts that are applicable would be reason, logic and discipline. The current buzzword…

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Magical Thinking

Trading Resources

Uncertainty in the presence of vivid hopes and fears, is painful but must be endured if we wish to live without the comfort of supporting fairy tales. – Bertrand Russell You would think that in the hard-nosed world of trading, the only concepts that are applicable would be reason, logic and discipline. The current buzzword…

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Warm Ups

History and Science

I am certain there is something trading related in here –  Less is More: Standard Warm-up Causes Fatigue and Less Warm-up Permits Greater Cycling Power Output Abstract The traditional warm-up (WU) athletes use to prepare for a sprint track cycling event involves a general WU followed by a series of brief sprints lasting at least…

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Optimism

Trading Psychology

Whilst I was away in the Gold Coast where it is still 1992 and enjoying the delights of probably the worst hotel in Australia I caught up with this little piece in Time regarding optimism and its function as an evolutionary survival mechanism. “Scientists who study memory proposed an intriguing answer: memories are susceptible to…

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Optimism

Trading Psychology, Trading Resources

Whilst I was away in the Gold Coast where it is still 1992 and enjoying the delights of probably the worst hotel in Australia I caught up with this little piece in Time regarding optimism and its function as an evolutionary survival mechanism. “Scientists who study memory proposed an intriguing answer: memories are susceptible to inaccuracies partly…

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