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Psychology

Psychology

Psychology of Risk Taking – Foundational Concepts

Bycjrosen March 4, 2007

A key book that helped me address my own fears of trading and risk-taking was a book by trading psychiratrist Ari Kiev: The Psychology of Risk Taking. Kiev worked with many traders through his career, and found the number one problem facing professional traders was that they did not take on enough risk in their…

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Links | Market Education | Psychology

The Four Fears of Trading

Bycjrosen February 26, 2007

When beginning this blog, I think it is important to highlight one of the classic ideas from Price Headley concerning “The Four Fears of Trading” 1. Fear of Loss 2. Fear of Missing Out 3. Fear of Letting a Profit Turn into a Loss 4. Fear of Being Wrong (not being right/perfectionism) Links come from…

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