TTW026: Recovering from drawdown

The best people - reawakening regarding performance over the last year. How to get into the right mind set, reduce stress and maximize performance. Setting realistic goals,with a certain ammount of stretch. More prep, more work, more concentration, self coaching or with a coach, overcoming self doubt. The best guys have proved out marginal or weak ideas in the portfolio; concentrating on strengths, where you can expand, areas that have proven sucessful for you in the past. Measuring performance metrics, how to measure your people's success. What is the culture? What is the level of integrety of the guy running the fund? Is he clear about what he expects? Is he trustworthy? Are the objectives clear? The importance of candor, being clear about performance. Are employees willing to align themselves with the objectives of the firm? Jack welsh's writings. Optimism on the rise. The cautious general concensus is we're getting out of the bear market. Economy is stabilizing. More bank stability, more lending, market is reflecting that things are getting better. More optimism. Emotions are a factor in trading and psychological equalibrium is a critical variable. Instinct, pattern recognition, experience, plus, all the intellectual work, fundamental analysis, profit and loss, innovation, new products. A constant effort to balance emotions and intellect.

You can listen to TTW026: Recovering from drawdown online on Radio and Podcast. Open the player on this page to stream the available audio.

TTW026: Recovering from drawdown is an episode from Ari Kiev: Mastering Trading Stress by Ari Kiev.

The episode duration depends on the source podcast feed and may not always be available.

This episode was published on Jun 19, 2009.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from Ari Kiev: Mastering Trading Stress when more episodes are available from the podcast feed.