What About Ray? A Neurotics Guide to Options Trading

We are very fortunate to have Raymond Joseph lead a humorous but insightful discussion about his fears while options trading. John will provide some concrete suggestions on how to navigate through a mind storm when trading becomes challenging.

Here is just a quick video as Ray discusses his search for the perfect trading system:

More questions on content?

Session Index
TIME	SUBJECT
3:42	Ray gives some background on his Vocation and Avocation.
7:04	Ray’s recommended reading list.
8:08	Why a Neurotics guide to trading?
11:15	Benefits of trading smaller.
12:22	The longest 5 minutes of my life.
14:29	Nasrudin and the Misplaced Ticket.
15:08	Part 1, How does this relate to trading? It’s about avoiding FEAR and not wanting to FACE your fears.
17:48	How can we avoid the fear in Trading?
19:58	Facing the Fears – with the proper tools.
26:55	Why Backtesting doesn’t always work.
29:08	What’s the solution? – Live Trading.
32:02	Other tools – Neurotic’s Necessities: OptionVue, Thinkorswim, Dropbox and proper mindset.
35:09	Insights from “Trade Mindfully” by Gary Dayton, Psy, D.
35:33	Two examples of mental shortcuts: The bat and ball, and the Widgets.
37:57	A Multi – Time Frame Grid is a great way to see the bigger picture.
38:58	The Ogre Takes over. How our brains get mentally hijacked.
39:30	Once an assumption is made, people tend to seek confirmation of their assumption.
41:03	Recency bias occurs from our tendency to weigh the latest events more heavily than other data points.
47:48	“I knew it all along effect” Why a trade journal keeps you honest.
51:42	How do we avoid these biases? Deliberately asking disconfirming questions.
54:56	Great question and answer session on affirmations to wrap up the presentation.