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#21 Benis Kumar - Behavioural Finance and Trading Biases

The AlphaMind Podcast

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Keeping a Level of Sanity in Uncertain Times

Rules and rituals are very important to maintain sanity, especially in uncertain times. Rituals have a way of getting into your non conscious, si side of the brain. For example, many of us will feel extreme uncomfortable if you don't brush in the morning. And that's when, if you look at very good traders, they would have actually assimilated many of these rules as rituals. Tothat the three things, a awareness, an acting gap, loneliness. Take care of the loneliness, because that can actually meat your mind like anything. The last is what are the coping mechanisms you use, the good gobbing mechanisms, you can continue using it.

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