Mandi
Author's posts
Jul 10
Smart Investor Interview
Jeremy Chunn from the Australian Financial Review interviewed me for his Trading Psychology column in the AFR Smart Investor Magazine. We discussed why traders first need to learn to lose in order to win. You can read the article here: http://www.afrsmartinvestor.com.au/p/market-intelligence/why_you_need_to_learn_how_to_lose_wajn4RfE5zU6AM84hRTOeI
Jul 01
Do It Now!
You have to cut your losses immediately. The longer you wait the harder it gets. It is like going to the dentist, the more you try to avoid doing what needs to be done, the worse it gets and you might lose a tooth that could have been saved if you hadn’t trying to avoid …
Jun 30
Everything Is Context Related
When the trader is greedy they think “what if the market moves another 20 points”, when the trader is fearful they think “what if the market is turning around now and I lose everything?” They try to avoid the discomfort of regret which makes them blind like driving in foggy conditions. So, the trader’s performance …
Jun 28
Wisdom From My Golf Coach
Going through some of my old diaries and found some wisdom from my golf coach that I had totally forgotten about: “The harder you try the more of the wrong muscles are taking a message and the more you screw up your golf shot.” “Empty your mind, get 1 key thought that you repeat over …
Jun 25
The Problem With Losses..
The problem with a loss is often not the loss itself. It is the vicious cycle that unconsciously gets set in motion on the back of it. Before the loss you just do your thing, you follow your rules, you work on generating profits, being in flow with the market and the world. Then bang! …
