This article reproduced with permission from Brett Steenbarger When people hear that I am an active trader and a professional psychologist, they naturally want to hear about techniques for mastering emotions in trading. That is an important topic to be sure, and later in this article I will even have […]
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This article reproduced with permission from Brett Steenbarger Here is an interesting observation drawn from the past six months of working with a large group of full-time traders: The most successful of the group never change the displays on their screens. Each morning the same information appears in the same […]
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By Brett Steenbarger October 2002 Abstract / Introduction: Traders love patterns. We trade chart patterns, oscillator patterns, historical patterns, cyclical patterns-you name the pattern, chances are there’s someone trading it. Much of trading boils down to pattern recognition and the ability to quickly identify and act upon profitable patterns as […]
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This article reproduced with permission from Brett Steenbarger Numerous books have been written on the topic of trading success. Nevertheless, it is unclear how expert traders obtain their expertise. Several explanatory models are implicit in market writings: • The psychological model – What makes great traders, this model asserts, is […]
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This article reproduced with permission from Brett Steenbarger Before we get into the topic of destructive trading, allow me to explain how psychologists assess whether or not a person has a problem with alcohol consumption. Here are ten questions that a professional might ask in order to assess any kind […]
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