If you keep considering feelings your enemy, you are war with yourself. If you embrace your emotions as information, they become much more friendly. You actually reduce the odds of acting on them by making them explicit or conscious.
🚨 Want to level up your trading? 📉📈 The ReThink Group's CEO @DeniseKShull is on @edgewonk latest podcast 🎧 She reveals why ignoring your emotions could be your biggest mistake. Don't miss this! #MarketMindGames https://t.co/lnCjul0gLO
If you want to get better at any kind of risk decision making (including trading), get better at identifying and feeling your desires. (I want ______). Find and just sit with your true answers.
ReThink CEO @DeniseKShull quoted in a recent @BusinessInsider article from @lopezlinette exploring the shifting dynamics of the stock market.
"RIP hedge fund superstars: They used to rule the stock market like gods. Now their days of domination are over."
https://t.co/epW5u91QUX
Speaker 5
John Burns, Senior Consultant and Performance Advisor at @ReThinkGroup.
Learn from his expertise in optimizing human performance for trading success.
⏰Time: 3:30 pm ET
📈 Topic: Tapping into Your Intuition - Turning Your Mental Game into a Trading Edge
We're looking forward to presenting at this year's @traderlion Conference! Stay posted for a chat with ReThink's @JPBJR800 😀
For full details check out the link below: https://t.co/jag8GS9eS0
Check out @DeniseKShull's conversation with @ETFThinkTank!
Denise Shull's Insights into the Psychology of Financial Decisions
https://t.co/TvYfldkPHu
"Embark on a thought-provoking expedition into the emotional hinterlands of trading with Denise Shull of the Rethink Group. Unravel the mysteries of human psychology that traditional finance tends to overlook – emotions are not just the heart of our decision-making process, they are the pulse. Denise's deep dive into neuroscience sheds light on the intricacies of perception, highlighting how emotions serve as a sophisticated form of intelligence, pivotal for making predictive judgments amidst the market's ebb and flow.
Fear can either freeze a trader in their tracks or fuel their fire. Our discussion cuts through the anxiety clouding the financial markets, dissecting the pressures investors face and the psychological toll exacted by potential losses. With an avalanche of data threatening to bury intuition, learn the art of distinguishing genuine insights from knee-jerk impulses. We furnish you with strategies that harmonize the dance between gut feelings and analytical rigor, enabling you to pirouette through the uncertainties of investing."
This morning a client, with a Phd In a quant/bio field, said "Now that you explained it, I totally get it and I have been using it everyday - trading and not". What was he talking about?
World could be a much better place if we were taught accurate + realistic strategies for painful feelings. The overemphasis on being positive + grateful has backfired. Avoiding and suppressing fear, frustration and disappoinment leads directly to acting out (with a frequent stop into somatization or illness).
I put on a trade this morning and for the first time, ever, I was not asking which direction do I think the market is going or what’s the price I want to pay.
Here’s what I was asking myself thanks to @DeniseKShull & @ReThinkGroup.