C.S. Lewis the author of the famous Chronicles of Narnia wrote a brilliant and hilarious portrayal of a devil in The Screwtape Letters. Lewis was a professor at both Cambridge and Oxford and explored many theological ideas. In The Screwtape Letters you are ex... Read more
Meeting your Inner Devil
March 19, 2018
Leave a commentTraders Taking a Thrashing
October 29, 2017
Leave a commentThrashing
I am currently experiencing a significant increase in the number of tasks I am responsible for. I am also spending a lot of time contemplating computer load design.
Computers multitask through a process called "threading". Think of a juggler tossing... Read more
Not Yet
August 23, 2017
Leave a commentCarol Dweck is a professor of psychology studying human motivation. She spends her days diving into why people succeed (or don't) and what's within our control to foster success.
She shows the power of our most basic beliefs. How, they strongly “affect what w... Read more
A Cry Baby Discovers the Power of PsyQuation Tears
August 7, 2017
Leave a commentTear Drops
I cannot remember when last I cried in physical pain. However, something interesting has happened to me in recent years and it seems like it is happening far more often than my wife and kids are comfortable with ?. I have become a cry baby, not a w... Read more
Sage Advice to Overcome a Crippling Behavioural Bias
July 14, 2017
Leave a commentIn the snapshot below you will see the trading performance of my testing account. The account is more than a year old and until May this year I had traded it pretty sensibly, albeit unprofitably. Then things started getting a bit hairy.
My drawdowns have grow... Read more
We are all Liars
July 10, 2017
Leave a commentHonesty may be the best policy, but scheming and dishonesty are part of what makes us human.
I came across this article in National Geographic by Yudhijit Bhattacharjee and it really got me thinking how lying is a central theme to the business I am involved... Read more
Power does Battle with the Worlds 1st Robo Trading Coach
July 10, 2017
Leave a commentDacher Keltner, a psychology professor at UC Berkeley, after years of lab and field experiments found. Subjects under the influence of power, in studies spanning two decades, acted as if they had suffered a traumatic brain injury—becoming more impulsive, les... Read more
The Traders Emotional Cycle
March 28, 2017
Leave a commentThe Traders Emotional Cycle By David Hobart There is a common cycle to the emotions experienced by traders. This cycle, when observed, can give you greater insight into some of the seemingly irrational decisions traders make in the markets and consequently, t... Read more
Mindfulness
March 17, 2017
Leave a commentDr Susan David, Ph.D. a lecturer at Harvard says: "The term 'mindfulness' has become such a buzzword, especially in business circles, that there’s now a bit of a backlash. Or there is confusion because of the flowery language that sometimes accompanies explan... Read more
Attachment and the ego
January 13, 2017
Leave a commentBy David Hobart, Director, PsyQuation Consulting. Trading consistently is not about prediction. Rather, it is about identifying possible outcomes, assigning probabilities to them, and then structuring bets around those probabilities. Having a process which co... Read more