The Ingredients Necessary for Trading Success
Al Brooks explains his binary approach to day trading the Emini S&P. Al’s approach to trading the Emini S&P is very different from my style and it works well for him. For beginner traders, it shows that to trade effectively you have to find your own way.
I have asked Al about his recommendation of trading books for beginner traders. His comments and other famous traders’ recommendations are something good to learn about.
A short and clear presentation of the concept and possible solutions to break the curse.
Do not under estimate this behaviour – if you let it takes hold of you, you will not make decisive decisions to cut losses when you are caught on the wrong side of of the market. Some people can this paralyzed from adversity. But once you are conditioned to react with no actions, you will repeat the same mistake again and again.
Recognize if you have the problem. Learn to fight back.
Mr. Achor speaks very fast in this video. His work identifies and sum up nicely what it takes to be more productive. More importantly, how positive psychology can help us perform better in almost everything.
