Came across an interesting post that analyzes the recent Hedgestock gathering through the lens of a Socioeconomics/Elliott Wave viewpoint. What does it mean when the hedge fund crowd decides to convene for a hippie-themed retreat/networking event in the English countryside? See this link for a Socionomic interpretation of what's happening when we fuse painted buses and The Who with champagne and Blackberry machines.
In our last post, I quoted hedge fund manager, Jim Leitner on the importance of following up on your investment ideas. Today I'd like to follow up and share some thoughts on how you can learn to consistently "pull the trigger" on your best trading setups and investing ideas. In order to help you do that, we'll take from the best and offer up key insights from interviews with top traders and trading psychologists like Alan Farley, Brett Steenbarger, and Doug Hirschhorn . Now before we get to their key insights on overcoming trading anxiety and pulling the trigger on your trading ideas, let's remember what Jim Leitner said in his interview: "Learn to love to listen to people and when you hear something interesting, follow up on it. Don't just think, "Well that's an interesting idea" only to find out a year later that the company you could've bought shares in is now up 500-fold. You never want to say woulda, coulda, shoulda...