I received this email from a new trader: You’re probably already aware of this correlation between testosterone and performance as it relates to trading. It’s interesting to consider though as direct empirical evidence for the notion that Division I athletes have a proclivity to be good traders, e.g., Adam Guren. It’s something I tried to keep in mind when I … Read More
Katz’s Corner: Coping with Uncertainty
A recent article from Trader Psyches discusses the challenges traders often face when confronted with the market’s constant uncertainty and ambiguity. Dr. Jonathan F. Katz, performance coach at High Performance Associates, provides his response to the article: “The ambiguity of uncertainty”…..one of the great challenges of life…especially for traders and individuals working in high performance outcome professions like sports … Read More
Why Do You Trade? And Why This Matters So Much for Your Performance!
Michael Martin from @martinkronicle contends in this interesting piece that Tiger Woods has not regained his golf dominance because he has lost his real reason to play golf. I forwarded this article to an elite performance coach Dr. Jonathan F. Katz of High Performance Associates and asked for his feedback and how this relates to us as traders……… My reaction to this piece…is … Read More
Katz’s Corner: How Do I Pull the Trigger?
I sent this question from an SMB reader to Dr. Jonathan F. Katz, performance coach, at High Performance Associates. —– I’m sending this message as I am in need of help with regard to a specific issue that I’m currently experiencing. I have studied the market vigorously every day for the past two years. I’ve read and studied many books … Read More
Katz’s Corner: Are There Trading Hot streaks?
Do we have hot streaks as a trader? There is some research here from the must read @jonahlehrer that suggests that the belief there are shooting streaks in basketball is not supported by the data. I asked Dr. Jonathan F. Katz of High Performance Associates and who works with traders for his thoughts (see below): Ah, the age old question, perception … Read More