Here are some articles that may be of interest from the July 2005 Stock, Futures and Options magazine (free subscription required):
- WHAT’S IN YOUR HEAD? Becoming a Trader – Psychology has made significant strides in understanding how we acquire information and skills. What’s been uncovered is eye-opening for traders in a hurry to achieve. Slow down.
- Beat the Demons!: Use Your Emotions as an Indicator – Think 1999-2000 horror stories are gone forever? Irrational exuberance has the potential to spring up in all phases of the market cycle.
- Mind Machines: Re-Program For Success – Mind, method and market – master them now to become a consistently profitable trader.
- Why Smart Traders Do Dumb Things: Understanding Prospect Theory – If traders followed the numbers exactly as they should, then perhaps the market would be efficient. But traders can let their fears get the best of them.
- DON’T BE YOUR OWN WORST ENEMY: Beat Mental Barriers to Successful Trading – More important than profiting on the green days is getting through the red days and knowing that you can work through it.
- Sentiment Analysis in Options: Trading Opportunities at Extremes – The collective feelings, moods, beliefs and, often, actions of investors can be excellent contrary indicators for market participants.
- Looking for a Trading System That Suits You?: 9 1/2 Steps to Help You Get It Right
- Ten New Tips for Trading Chart Patterns – Chart patterns are little more than warning signs flashing a buy or sell signal. Here are ten tips to make those signals more successful.
- Trading the Indicators: Be Your Own Analyst: Understanding Cycles
There is also an excellent article in the July Active Trader’s Magazine called: ‘Emotional Intelligence’, which basically believes that emotions are often perceived as the enemy of good trading, but if you learn to understand and manage them, you can use your feelings to your advantage.