Hope you guys had a great trading week. I have been out of action this week due to some personal errands. Anyway, here are the articles I thought might be valuable for traders’ development.
Why It’s Important to Go With the Flow State: Thanks to @brussbowman for pointing out this interesting article on how the brain performs better when it slows down. Steven Kotler makes the case that we can optimize our thought processes by more consistently placing ourselves in flow states. – by Brett Steenbarger – Tags: traders development – http://traderfeed.blogspot.com.au/2014/11/why-its-important-to-go-with-flow-state.html
An inside look into the life of a winning and losing Wall Street trader: Being a trader isn’t your traditional 9-5 job. There are wild swings of emotion throughout the year and even during a single day as bets pay off or end up costing you money. What’s it like living that life? One word: volatile. – by Beecher Tuttle – Tags: traders development – http://news.efinancialcareers.com/us-en/190182/inside-look-life-winning-losing-wall-street-trader-2/
The One Trading Drill That Can Most Improve Your Trading Performance: In response to the post on training as the missing ingredient in the development of traders, an inquiring reader asks: “Can you please offer us from your own experiences as a trader and as a traders coach some ways to practice, some drills or what ever you think is suitable, to help us evolve as t – by Brett Steenbarger – Tags: traders development – http://traderfeed.blogspot.com.au/2014/11/the-one-trading-drill-that-can-most.html
Glory To The New Bond King: Bill Gross’ spectacular fall from the top of the bond market has put tens of billions in play at a time when minuscule yields demand a fixed-income superstar. A brilliant, battle-scarred billionaire, Jeffrey Gundlach, stands ready to be coronated. – by Matt Schifrin – Tags: traders development – http://www.forbes.com/sites/schifrin/2014/11/05/jeffrey-gundlach-king-me/
Market Earthquakes: The best thing I read this week comes from Bob Maynard, CIO of the $14.2 billion Idaho Public Pension Plan. Maynard’s entire approach is based on the premise that increased complexity is failing professional investors. – by Ben – Tags: traders development – http://awealthofcommonsense.com/market-earthquakes/
Ep. 290: Mark Rzepczynski Interview with Michael Covel on Trend Following Radio: Michael Covel speaks with Mark Rzepczynski. Rzepczynski is a Founder and Chief Investment Officer at AMPHI Capital Management. Prior to co-founding AMPHI Capital Management, he was the CEO of the Fund Group at FourWinds Capital Management, where he oversaw alternative investments. – Tags: traders development – http://podbay.fm/show/151217747/e/1415329200
Five Disciplines for Successful Trading: By Andrew Nyquist Earlier in the week, I took to twitter to share a few thoughts on important disciplines required for successful trading. As many of you know, every day offers a new challenge that requires strong focus and discipline. – by Andrew Nyquist – Tags: traders development – http://www.seeitmarket.com/five-disciplines-for-successful-trading-13279/
Captain Hindsight ZorTrades: Posted by on November 4th, 2014 – by Frank Zorrilla – Tags: traders development – http://zortrades.com/captain-hindsight/
The Missing Ingredient in the Development of Traders: To become part of elite military units, soldiers need to pass rigorous training programs. There is a great deal we can learn from these programs, as they have a solid record of producing soldiers operating at high performance levels. – by Brett Steenbarger – Tags: traders development – http://traderfeed.blogspot.com.au/2014/11/the-missing-ingredient-in-development.html
The Seven Lessons I’ve Learned: Over the past several years of writing about trading and investing, psychology and self-development, there are a few things that seem to come up over and over. When I started out, I just wanted to share what I found interesting and what I had learned in my career journey. – by bruce.bower – Tags: traders development – http://www.smbtraining.com/blog/the-seven-lessons-ive-learned
Why We ‘Choke’ Under Pressure, According To Neuroscience: During the 2012 Summer Olympics in London, all eyes were on the U.S. Women’s Gymnastics team, who won the team gold in gymnastics for America for the first time since 1996. But during the individual vault event, all eyes were on one U.S. gymnast in particular: McKayla Maroney. – by Carolyn Gregoire – Tags: traders development – http://www.huffingtonpost.com/2014/11/07/why-we-choke-under-pressu_n_6096916.html
Michael Covel Podcast: 1M+ Listens & 150+ Episodes: Michael Covel is one of the world’s most recognized experts in trend following trading. He is the voice behind Trend Following Radio, as well as the bestselling author of 5 books. You can listen and subscribe to Trend Following Radio with Michael Covel for free with three (3) options: – by Robert Greene – Tags: traders development – http://www.trendfollowing.com/podcasts/
Rage of the Traders: Sometimes the absurdity of what passes for economic wisdom surpasses even my highly adapted expectations. I really, truly expected that even Wall Street would consider PeterPaul Singer’s hyperinflation in the Hamptons rant embarrassing, and try to pretend that it never happened. – by PAUL KRUGMAN – Tags: traders development – http://mobile.nytimes.com/blogs/krugman/2014/11/13/rage-of-the-traders/
10 Things I Learned From Tyler Durden In Fight Club About Trading: Jack is a dissatisfied salesman. His ‘hero’, Tyler Durden is not real, but a mental projection, someone to whom Jack looks for all of his values and ideals. As traders, we all have our own trading gurus and icons. – Tags: traders development – http://www.tradeciety.com/trading-fight-club/
The Right Habits: Your willpower is limited, so when you decide to take on something new—whether it’s an exercise routine or, say, cooking—you’re at least in theory limiting your ability to take on some other habit. – by Charles Duhigg – Tags: traders development – http://lifehacker.com/5896846/the-right-habits
Enjoy, and have a good weekend.
Keep Learning, Keep Trading.
Gav