NYC Traders’ Expo

Traders Expo

The Traders’ Expo in New York City is coming up in a couple of weeks.  I have been invited to make two presentations at the Expo.  I’ll also be signing my book, Trade Mindfully, at the Wiley booth.  Dates and times are listed below.  If you are going to the Expo, be sure to stop by and say hello. The Expo is one of the places I get to meet traders face-to-face, so I always love going.

Here’s the schedule:

Sunday, March 1st

  • 3:15 PM Presentation: Overcoming Fear & Greed – How Mindfulness Makes You a Better Trader
  • 4:00 PM Book Signing at Wiley’s exhibit hall booth

Monday, March 2nd

  • 11:45 AM Presentation: Traders’ Mental Blind Spots: How Hidden Flaws in Your Decision-Making Affect your Trading

The Traders’ Expo is a free event, so be sure to stop by if you are in New York.  I’ll look forward to seeing you there.

Here is a link to the NYC Trader’s Expo where you can register:

NYC Traders’ Expo

Mindfulness & Trading Emotions

 

Mindfulness & Trading Emotions

Mindfulness and trading emotions was the topic when I was a special guest this week on the On The Money Radio show hosted by Steve Pomeranz. Steve is an expert investor and provides market commentary, investment tips and interviews others in the investing and trading world.  He was interested in my new book, Trade Mindfully and found that the material covered in that book not only applies to short-term, active traders, but to long-term investors, as well.

Mindfulness & Trading Emotions

We covered a lot of ground in this brief, 15-minute segment.  Steve got right to the heart of trading and investing psychology.  We discussed mindfulness, strong trading emotions and several mental blind spots traders experience without even realizing that their thinking approach is causing them significant problems.  The link below will bring you directly to the recorded interview at the On The Money Show website.  Take a listen.  I think you’ll like it.

Dr. Gary Dayton discusses Trading Psychology: On The Money Radio interview

 

Surviving a Trading Loss

 Trading Loss

Surviving Trading LossSurviving a trading loss. No one likes them. Many try hard to avoid them.  Some sweep them under the rug when they happen.  No matter how you respond to trading losses, one thing is absolutely clear: You will have trading losses.

Trading losses are a part of the game.  They cannot be avoided.  So, if this is true, wouldn’t it be a good idea to have a strategy to deal with them?  I think so.

Seven Steps to Surviving a Trading Loss

I wrote an article on how to come back from a trading loss and be mentally stronger for the experience.  It was just published on MarketWatch.com.  You can read the article at the following link to learn the seven steps to survive a trading loss and, at the same time, improve your mental strength:

Surviving a Trading Loss

Trading Mental Blind Spots

Trading Mental Blind Spots

Trading Mental Blind SpotsMental blind spots in trading cause a lot of trading errors.  Thinking errors–cognitive biases and heuristics–are part of the problem.

Notably, emotions don’t figure strongly in mental blind spots.  Many traders focus on disruptive emotions like fear, greed and hope, but ignore the very common thinking patterns that disrupt trading.

Recently, Kira Brecht (former Managing Editor at SFO Magazine & TraderPlanet.com) interviewed me on the topic of mental blind spots in trading and covered the subject well in a brief, 2-part article. Common mental blind spots are described in Kira’s article as well as the best ways to conquer them.

Article: Trading Mental Blind Spots

Kira’s article is posted on Ameritrade’s Ticker Tape blog site.  Links are provided below.  She begins the 2-part article in this way:

In a recent study, Harvard University researchers determined that some 47% of people performing any given task found their minds drifting to other subjects.

There’s a lesson here for traders. Specifically, the importance of maintaining laser-focused …

Read more here: Trading Mental Blind Spots: Part One

And, read even more here: Trading Mental Blind Spots: Part Two

Dr Gary Interviewed on Market Wrap

Dr Gary Interview

Dr Gary Interview

Earlier this week, I was interviewed by the nationally syndicated Market Wrap radio host, Moe Ansari.   We discussed my new book, Trade Mindfully, and the psychology of trading. Moe has been covering the markets on Market Wrap for 25 years.  He had some insightful questions he asked me regrading trading psychology.  You can hear my interview by clicking on the audio bar below:

 

Dr Gary’s interview runs about 15 minutes.

You can also listen to Moe’s full program as it aired on January 15, 2015 at this link: Market Wrap: Dr. Gary Dayton joins Moe Ansari to discuss his new book on trading mindfully.

You can learn more about my book, Trade Mindfully, here: Dr. Gary’s Trade Mindfully and purchase directly from Amazon.com: Trade Mindfully at Amazon.com