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	<title>Psychtrader</title>
	<link>http://www.psychtrader.com</link>
	<description>The Psychology Of Trading</description>
	<lastBuildDate>Mon, 01 Mar 2010 14:59:37 +0000</lastBuildDate>
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		<title>Extroversion and Trading</title>
		<description><![CDATA[Personality can be defined as a dynamic and organized set of characteristics possessed by a person that uniquely influences his or her cognitions, motivations, and behaviors in various situations. One such situation is trading and the basis for the personality assessment that I created called the MAP (Market Awareness Profile).
The Big Five factors of personality [...]]]></description>
		<link>http://www.psychtrader.com/psychology/extroversion-and-trading/</link>
			</item>
	<item>
		<title>Patience</title>
		<description><![CDATA[I grew up in the Northwest corner of Wyoming and as such loved the outdoors. One of my favorite activities was fishing, especially fly fishing. I used to fly fish in Yellowstone park quite regularly and loved the challenge of landing a huge fish with the small hook disguised as a fly. The problem I [...]]]></description>
		<link>http://www.psychtrader.com/psychology/patience/</link>
			</item>
	<item>
		<title>The TESTED Method</title>
		<description><![CDATA[Some have said that trading is 90% mental and 10% technical and that successful traders learn to remove emotions (or at least control them) from their trading decisions. The TESTED method is a process to help remove emotions from your trading and allow yourself to be proactive in your trading. An example follows that shows [...]]]></description>
		<link>http://www.psychtrader.com/psychology/the-tested-method/</link>
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		<title>Watch lists</title>
		<description><![CDATA[One common mistake I&#8217;ve seen over the years in working with traders, especially new ones, is an attempt to trade everything and anything. A common thread that I found was that they believed that if their “job” was that of a trader then they needed to be trading. Not true! Trading isn&#8217;t the same as [...]]]></description>
		<link>http://www.psychtrader.com/psychology/watch-lists/</link>
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		<title>It&#8217;s what you do with what you have that counts</title>
		<description><![CDATA[I’ve always been a market technician and have used levels of support/resistance from day one. I use charting to form my main thesis of what I see as the potential move in stocks. Funny thing about technical analysis is that there are literally hundreds of ways to interpret the data. I guess that’s what makes [...]]]></description>
		<link>http://www.psychtrader.com/psychology/its-what-you-do-with-what-you-have-that-counts/</link>
			</item>
	<item>
		<title>Safeguarding Techniques</title>
		<description><![CDATA[In Adlerian psychology there are what&#8217;s known as safeguarding behaviors and they have a place in trading as well. Basically, we as humans want to protect ourselves from three threats to the self.

Physical harm &#8211; we might get sick, die, etc.
Social threat &#8211; we might not look good in the eyes of others.
Loss of self-esteem [...]]]></description>
		<link>http://www.psychtrader.com/psychology/safeguarding-techniques/</link>
			</item>
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		<title>Re-framing</title>
		<description><![CDATA[As a former therapist, one of the areas I would focus on with clients is the way in which they would perceive their situations. Using a technique called re-framing; I would help them see their &#8220;problems&#8221; from a different perspective.  Often times, clients would be able to overcome roadblocks simply by combating their negative perception [...]]]></description>
		<link>http://www.psychtrader.com/psychology/re-framing/</link>
			</item>
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		<title>Trading Journals</title>
		<description><![CDATA[
The image to the left should be recognizable by most of us as the American alphabet. It is from these 26 letters that billions of people are able to communicate on a daily basis. We learn the alphabet early on with rhymes and rote memorization so that we may contribute to society through our interactions. [...]]]></description>
		<link>http://www.psychtrader.com/psychology/trading-journals/</link>
			</item>
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		<title>Irrational Beliefs</title>
		<description><![CDATA[While pursuing my doctorate in &#8216;99 I had the opportunity to see Dr. Albert Ellis give a lecture in Pittsburgh and will always be grateful for that. He was the old curmudgeon and everything that I expected. For those that don’t know, he created rational emotive behavior therapy (REBT) and I used it with several [...]]]></description>
		<link>http://www.psychtrader.com/psychology/irrational-beliefs/</link>
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