Psychology Archives | PriceSquawk

Psychology

Your Trading Edge

The following is taken from our 1st Quarter Newsletter – TheSoundTrader Squawk Search for a Trading Edge A lot of traders spend years trying to find a derived systematic edge to beat the markets whether it is mathematical for arbitrage trading, algorithmic for systems trading or analytical for technical traders. Aspiring traders sacrifice a lot [...]

Hearing is the most finely tuned sense that we have by far, and is underutilized in day trading. It is the only sense that all animals have. Not only can we process way more information audibly at any one time, we can respond to sound quantitatively faster than light. There are many benefits to using an Auditory perspective over a Visual perspective when it comes to observing and trading markets..Read more..

When I first started trading I made the mistake of spending all my time studying trading psychology.. and not enough time trading.  I worked through the Van Tharp Peak Performance course, re-read The Investors Quotient a good 5 times, the Disciplined Trader by Mark Douglas even more, and my favorite –  Trading In The Zone [...]