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
Increasing your confidence as a trader
So you see that a trader really can make it. He has stopped losing money, put up some good days, works hard, loves the work, and is bound to getting better. At this point I move to work on building his confidence. But how do you do this? The worst thing is to applaud a high P&L day. A good idea … Read More