Brett Steinbarger - Trader Development

Brett Steinbarger - Trader Development - Trader...

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Trader Development: Aligning the Head and the Heart Brett N. Steenbarger, Ph.D. Note: A version of this article was submitted to the Trading Markets site on 11/11/05. I had the recent pleasure of chairing a panel presentation a couple of days ago at the Futures Industry Association Expo in Chicago on the topic of trader development. My distinguished colleagues, Tom Rice of Goldenberg Hehmeyer & Co. and Doug Hirschhorn of Sperling, LLC, and I drew upon our many combined years of hands-on work with professional traders to identify "best practices" in trader development. If I had to put my finger on an overarching theme of our presentations, it was that the trader development process is one in which traders learn to align their heads and their hearts. First traders know what they should do, but only later does it become part of them and their feel for markets and trading. Research on the development of expertise indicates that skilled performers first obtain a body of knowledge about their field and only later develop an intuitive feel for its
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This note was uploaded on 08/11/2009 for the course FINANCE Fixed Inco taught by Professor Proflim during the Three '09 term at University of Adelaide.

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Brett Steinbarger - Trader Development - Trader...

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