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Enhancing Trader Performance: Understanding The Perils Of Overconfidence

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*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note We have all been there. We develop a new edge, test it with a few trades, make money on these trades, believe we have discovered the holy grail, only to begin a new losing streak. Or, we go through a long winning streak, think we have arrived as a professional trader, only to discover that the market had another slice of humble pie for us to eat. If you have not experienced it yet you Read more [...]

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