J Dalton Trading - Trading Versus Investing: Why They Don’t Mix



Thursday, March 24, 2016 | 12:00 - 1:00 pm ET In our current Legacy educational series we have several successful “investors”. These successful “investors” have experienced quite a cultural and performance shock as they begin to trade. I believe that a trader’s biggest psychological hurdle is often overcoming cognitive dissonance. Cognitive dissonance refers to situations where we encounter conflicting attitudes or beliefs. Nothing could generate more dissonance that comparing investing to trading. For example, investors generally hold onto investments for months or years. A day is often long-term for a day trader. I once had a floor trader ask if an hour was long-term. Listening to investors on CNBC can often cripple a short-term or day timeframe trader. Bring your questions and join us for this important webinar. I’ll leave you with this: “A very successful trader, after years of experience, may be able to hold two conflicting options successfully.” I use separate accounts and instruments to maintain a mentally healthy separation. Download the

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