One of the major issues emerging from the never ending flow of information with which we are being constantly bombarded is the complete breakdown in our ability to make decisions…
In times past, decisions were based, more often than not, on much less information than we now use to arrive at our decisions. This is, of course, due to the…
As human beings we are often faced with a mind-numbing array of choices when making decisions that can leave us paralysed by the consequences of information overload. This can vary…
Let’s imagine you have just opened and read an email from the stock picking newsletter you subscribe to and see a buy alert for your “favourite” stock. The company is…
The last journal post spoke about 2 psychologists, Amos Tversky and Thomas Gilovich who in the 1980’s began sifting through shooting statistics from the Philadelphia 76ers – a US basketball…
Let me tell you about a classic psychological study that I found online and has important insight for us as traders and investors. In the early 1980s, two psychologists Amos…
For many traders and investors, particularly those new to the world of trading, fear is the most difficult emotion to overcome and control. Fear can manifest itself in any number…
For the untrained mind, there is no harder promise to keep than the promise we make with ourselves. It is easy to rationalise with ourselves as to why a promise…
Trading and investing using a methodology or system that outperforms the market over the long term is a wonderful feeling and one that contributes greatly to the elimination of fear….
Financial markets have ups and downs, sometimes extreme, which cause market participants to experience emotional roller coaster rides in line with the market’s price swings. In recent years, as information…