Trading Psychology Links: Sustaining a Resilient Mindset

 

Resilience is not the absence of stress, but rather the ability to channel stress toward greater performance.  Here are some worthwhile perspectives on resilience in trading:

*  How we learn trading can also be how we learn resilience;

*  Here’s an excellent thread from Dr. Steven Goldstein re: how resilience comes from aligning our trading with our personalities;

*  Lance Breitstein passes along nuggets of wisdom from James Clear, emphasizing the importance of peace of mind and inner satisfaction toward resilience and performance.  Here’s a great thread from James Clear that captures the importance of persistence;

*  I find that researching edges in markets leads to greater confidence in trade ideas, which leads to greater resilience during the trade.  Here’s a nice example of research from Concretum Research;

Insightful thread from Richard Moglen on how top traders focus their efforts;

*  Mike Bellafiore from SMB Capital teaches developing traders to recognize patterns in the market and build “playbooks” for trading these–great way to build resilience through intensive training;

This TraderFeed post has some worthwhile links to different facets of resilience.

We learn to be resilient by learning from resilient performers–

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