Archive for category: Psychology


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 [...]

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 [...]

Happiness is…

2 July, 2007 (17:15) | Psychology | By: Colin McGinley

If you enjoyed reading the DrKW article mentioned in my Seven Deadly Sins post then you might also like to read a rather more light-hearted article by the same author entitled If It Makes You Happy.
This is a short treatise that summarizes research done by scientists on what makes people happy. It [...]

Seven Deadly Sins

29 June, 2007 (11:18) | Psychology | By: Colin McGinley

Seven deadly sins
Seven ways to win
Seven holy paths to hell
And your trip begins
Seven downward slopes
Seven bloodied hopes
Seven are your burning fires,
Seven your desires…
Moonchild - Iron Maiden
If you were to step back and evaluate your ability as a trader, how do you think you would fare? Would you consider yourself to be better or worse [...]