Talking Trading - Expert trading tactics so you can excel in the markets.

Wired for Safety


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Dr Daniel Crosby makes behavioural finance fascinating and explains why our primitive brains are hardwired 180 degrees against investing in the stock market.Caroline StephenThe price of West Texas Intermediate Crude oil went into negative dollars for the first time in history. Here is a quick look at the price drop and the differences between Brent and West Texas Crude.  Dr Daniel CrosbyWhy is trading so hard to master? Daniel explains it.It is true, God or nature could not have created a worse investor than you or I.Our brains are wired 180 degrees backwards to invest in the stock market.Humans hate NOTHING more than uncertainty.In over 2500 years our primitive brains have not had a substantial upgrade and there is an enormous mismatch for what we were made for in cave-man times and what is required in modern financial marketsFor instance, why are we statistically wired to be 2.5 times more upset about a loss than a comparably sized win?  Daniel explains it at 9.45 minsAnd then he talks about the 3 types of risk at 11.10 mins and two primary types of behavioural errors and biases; ego and its role as a protective function in humans at 15.30 mins and emotionalism as the first-ever risk tolerance questionnaire at 18.10 mins.You will just love this interview.To find out more about him go to: LinkedIn Daniel Crosby PhD Twitter @danielcrosbyTo listen to his podcast go to Standard Deviation. 

I have an exciting announcement. I’ve just released my brand new Mentor Program Pro course. After 25 years of running the Mentor Program course, I’ve streamlined it for maximum impact, so you can fast-track your success and put your trading on autopilot.

To celebrate, I’ve got a massive introductory offer just for you!

Visit www.tradinggame.com.au to learn more and secure your spot today! 

Serious about getting the trading results you deserve?

If you’re serious about getting the trading results you deserve, don’t leave it to chance. Head over to tradinggame.com.au and grab your free trading plan template.

 It’s going to help you trade with confidence. Make today the day you step up. 

Trade confidently. Louise Bedford is a best-selling author and founder of www.tradinggame.com.au and www.talkingtrading.com.au.

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Talking Trading - Expert trading tactics so you can excel in the markets.By Created by best-selling authors and traders - Louise Bedford and Chris Tate.

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