The New New Trader Psychology

“It is my belief that neuroscience can convincingly argue the equality of emotion and reason in effective risk-reward decision making

We therefore need to revise the thinking in trading psychology to an approach that capitalizes on three ideas:

 

1. Traders and investors are human—first and foremost - and this is an asset - not a liability.

 

2. Psychological Capital™ must be put on an equal footing with trading strategy and cash capital.

 

3. Elevating the role of Psychological Capital™, which includes leveraging emotional awareness, is actually the ultimate risk management tool.” 

—Denise K. Shull, M.A. Principal and Founder, Trader Psyches 

At Trader Psyches, we teach traders advanced trading psychology—innovative ways to leverage your psyche—to increase trading profits. Think of it as risk management or applied behavioral finance from the inside out.

Taking a revolutionary approach to fear and frustration, we show traders how to use human elements in the joint probability distribution embedded in trading results which, even in automated algorithmic trading, never becomes irrelevant.