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How Neuroeconomics can Improve your Trading

From tickmill.com

For traders, motivations and incentives are driven by emotions, from fear and greed to excitement and joy. Acting impulsively can be disruptive to long-term investment strategies. Avoiding short-term anxiety while investing or trading comes at a very real long-term cost. So, how can traders harness control and use their emotional reactions to the market as a positive contributor to increase returns, rather than allowing feelings to impact performance? To talk about that, Patrick Munnelly invited Dr. Andrew Menaker, a licensed clinical psychologist and performance coach working with high achievers. He’s also an ... (full story)

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