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Daily Archives: February 6, 2019

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Reappraisal of incentives ameliorates choking under pressure

Trading PsychologyBy Chris TateFebruary 6, 2019

This is quite an in depth and technical paper which looks at the way a change in perception or reappraisal of risk/reward alters the performance of participants. From my perspective the most important part of the paper is the following – During the session you will see the word Loss and the word Gain appear…

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Infinity Wells and Deep Work

Trading PsychologyBy Chris TateFebruary 6, 2019

Deep work is my term for the activity of focusing without distraction on a cognitively demanding task. It describes, in other words, when you’re really locked into doing something hard with your mind…In order for a session to count as deep work there must be zero distractions. Even a quick glance at your phone or…

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Loss Aversion in Professional Golf

Trading PsychologyBy Chris TateFebruary 6, 20191 Comment

Traders use all sorts of metaphors to describe trading unfortunately most of them are inappropriate and not truly reflective of the nature of trading. If you are looking for a game that to my mind replicates a lot of the difficulties of trading it is golf. From the perspective of an amateur observer golf seems…

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