Confessions Of A Market Maker Episode #117: Anna Coulling on Volume Price Analysis, Macro Picture & Trading Psychology
6 snips
Oct 24, 2023 Anna Coulling, a seasoned trader and investor with almost 17 years of experience, discusses volume price analysis, trading psychology, and the macro picture. They explore topics like dispassionate trading, the influence of Gestalt theory on decision-making, and the concentration of wealth in the hands of powerful institutions. They also delve into using volume to analyze trading and express appreciation for Anna's success as an outsider in the market.
AI Snips
Chapters
Transcript
Episode notes
From Accident To Futures Trading
- Anna accidentally entered trading after attending a futures day-trading presentation and learning candlesticks and volume.
- She and her husband started trading FTSE futures with minimal knowledge and learned by persevering through losses and broker failures.
Stick To Your Method And Size Risk
- Trust your method and resist exiting trades prematurely when your analysis says to hold.
- Size positions so losses are affordable and treat wins and losses equally to avoid emotional swings.
Know Your Trading Personality
- Traders must map their personal risk personality to trading style using measures like OCEAN.
- Understanding neuroticism and money conditioning reveals behavioral limits and hidden biases.