There’s a New York Times article that’s caused some buzz among the trading bloggers today. Naturally, the psychologist himself, Brett Steenbarger, has picked up on the subject in his latest post. I’m sure you’ll find his contributions worth reading. And of course he was ever so kind to mention my own post from earlier today – Trading Education and Trader Development – What You Need to Think About. I have to admit, when I first heard about the NYT article I couldn’t help but think that...

In response to my Take the Trading Long View post from the other day, Brett Steenbarger has posted Three Winning Characteristics of Training Programs for Traders. Based on his experience observing and working with trader training programs at a number of trading firms, he’s outlined the important elements of what they do, and by extension what you should do for you own trader development. The three features of the effective programs are:  Teach Real Information Provide Opportunities for Skill Building Blend Standardization...