Archive for category: Psychology

The long haul

2 April, 2008 (22:05) | Psychology | By: Colin McGinley

How long do you want to be trading for?
Do you want to make those millions as soon as possible so that you can then retire to a life of luxury on your own sun-kissed desert island?
Personally I’m in it for the long haul. I view trading as an activity that I’ll be doing [...]

Never give up, never give in

10 February, 2008 (21:19) | Psychology | By: Colin McGinley

I’ve been listening to an audio book version of Napoleon Hill’s classic Think And Grow Rich on my daily commute for the past week.
There has been one point made that has really struck home to me as I’ve listened to this book again. This single point is said in several different ways throughout the [...]

Aftermath

21 December, 2007 (15:16) | Journal, Money Management, Psychology, Technical Analysis, Trading Plan | By: Colin McGinley

It’s been two days since the fateful day when I blew up my account.
I’ve spent that time trying to ween myself off the markets. I don’t have charts up permanently and I don’t have to keep monitoring Bloomberg constantly. I still pop up the charts occasionally, out of morbid curiosity more than anything [...]

A little ‘Thank You’

13 December, 2007 (14:18) | Psychology | By: Colin McGinley

Did you know that the practice of gratitude can increase your level of happiness by around 25%?
Saying ‘Thank You’ for the things in life that we are grateful for seems like such a simple and easy thing to do, but I’m surely not alone in doing this far too infrequently.
To rectify the situation I’d like [...]

Review of Psycho-Cybernetics

26 September, 2007 (17:23) | Books, Psychology | By: Colin McGinley

One of the hardest areas to tackle and improve as a trader is our own psychology. Often times we don’t even know where to begin. It is just as well that there is a thriving personal development industry out there that any aspiring trader can tap into.
One of the main works in the [...]