Archive for category: Psychology

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. [...]

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 [...]

Preparing for the black swan

21 May, 2007 (16:37) | Books, Psychology | By: Colin McGinley

Although this article has already been highlighted on Rob Booker’s blog and The Forex Project, as well as being written over five years ago, I think it is well worth reading especially if you are not familiar with Nassim Taleb. The article is question was originally published in New Yorker magazine and is titled [...]

Do you need brains to trade?

16 January, 2007 (12:02) | Psychology | By: Colin McGinley

I watched ‘X-Men 3: The Last Stand’ last Saturday night with my wife. If you haven’t seen it already you might want to refrain from reading the first four paragraphs as I’m going to talk about one of the major plot points in the movie. Spoiler zone ahead.
I’m going to focus on the [...]

How traders deal with uncertainty

8 January, 2007 (12:56) | Psychology, Technical Analysis | By: Colin McGinley

There is a constant challenge that must be confronted each and every day by a trader. How do I make the decision to buy or sell now when I don’t know what the future may bring?
Throughout our years of early formation, in school and in university, we have always been taught that if you [...]