Adapting to Changing Markets

Featuring Brett Steenbarger

How can traders adapt their mentality to suit adapting markets? The esteemed trading psychologist Brett Steenbarger provides some useful advice.

Published on
26 June, 2018
Topic
Trading, Psychology
Duration
5 minutes
Rating
22

Comments

  • F

    Floyd .

    26 6 2018 22:08

    0       0

    reasonable perspective,would add part of the adjustment process he talks about comes from the old adage "your first sale is your best sale"

  • PU

    Peter U.

    26 6 2018 20:28

    0       0

    I trade and he is correct.

  • VR

    Vincenzo R.

    26 6 2018 20:12

    0       0

    Bayesian thinking: great concept

  • DS

    David S.

    26 6 2018 20:05

    0       0

    Good presentation, but I would substitute "what if scenario" for hypothesis. Investigation tries to prove or disprove the hypothesis. In either case it is the flexibility at the starting point that is important with Bayesian probability and focused feedback that complete the narrative. Focused feedback is the most important step for me. This helps to separate the noise from the signal of the market - if it can be separated. DLS