Blog Archive

Thursday, October 20, 2011

Contingencies

It is important that you understand your own contingencies: the linkages between your expectations and your be-haviors. Instead of thinking of your trading problems as irrational, think of them as learned patterns that are supported by something positive that you gain or something negative that you avoid. Something is reinforcing your worst trading behaviors: once you understand that contingency, you are well-positioned to remove the reinforcement and introduce new rein-forcers of desired trading patterns.

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