Friday, August 25, 2006

Info!! Perspectives In Addition To Themes For Tuesday Morning

Bill Rempel offers to a greater extent than or less valuable elaborations to my recent trading psychology post yesteryear pointing to the strengths of developing as well as trading systems. Readers know that I am a discretionary trader, but I tin vouch for the successes of those who prepare as well as tweak systems that suit to changing marketplace conditions. Bill's indicate regarding the value of trading multiple systems that perform nether varying regimes is excellent.

* It's Not Just Markets That Follow Seasonal Patterns - Thanks too to a reader for pointing me to the inquiry of physician Richard Wiseman as well as this rattling interesting study of how personality patterns--including the perception of beingness lucky!--are related to the seasons of one's birth. Given the human relationship betwixt seasonality as well as mood, including the phenomenon of seasonal affective disorder, the findings aren't then far-fetched.

* Scenario Planning equally a Guide to Action - Ray Barros continues to offering fantabulous guidance for traders, including this perspective on scenario planning. See too his scenario creation for discretionary traders.

* Valuable Perspectives - Trader Mike's recent links highlight discussions of stop-losses as well as algorithmic trading. From Abnormal Returns, we larn to a greater extent than or less rattling interesting views, including a hold off at commodities as well as bond yields as well as how seasons impact the VIX.

* Can Positive Thinking Be Irresponsible? - Thanks to a reader for bringing this inquiry report to my attention, highlighting how people edit their memories of yesteryear outcomes to justify continued gambling. It's much harder to engage inward such distortion when you're tracking your trades as well as P/L inward a mag (which may hold upwardly i argue traders don't keep journals).

* Comprehensive Psychiatry Textbook - Just received my re-create of the mammoth 5th edition of the Textbook of Psychiatry from American Psychiatric Publishing, the publishing arm of the American Psychiatric Association. With over 1700 pages, the mass features chapters from recognized experts on topics ranging from psychiatric disorders to treatments as well as the needs of particular populations. My chapter deals alongside brief therapies, including the approaches to short-term operate that I utilise alongside traders.
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