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 Dr. Alden Cass
photo by Chris Casaburi "The industry is now accepting the fact that psychology and business do coexist"
Dr. Alden M. Cass
President Competitive Streak Consulting Back in 45 Private, Executive coaching for brokers, traders and investment bankers  Watch Dr. Cass on CNBC: High on Wall Street  Read Dr. Cass´ column on The Street Open Book: Think Like a Bull, Avoid Disaster Recently, thousands of financial service workers and investors experienced shell shock as Bear Stearns crumbled... A Three-Point Checklist for Winning the Rat Race When pursuing your goals, follow this mental checklist. Your Early Midlife Crisis Why are more men in their 20s and 30s feeling disillusioned and misdirected? In God (or the Fed) We Trust In times of panic in the financial markets, it is human nature to turn to a higher power for help. Do You Have an Unconscious Fear of Success? Traders, athletes and entertainers often sabotage their success for fear of what to do next. Bad Trading Day? Pick Yourself Up and Move On The best of us, from pro athletes to top hedge fund managers, must learn to shake off inevitable defeat. Luck, Rituals and the Successful Trader If a routine helps you concentrate, it's useful. Stick to Your Guns When taking risks, don't hamstring yourself with second-guesses. Markets and Mood Swings A reader asks how best to let workday emotions go at the end of the day. The Pursuit of Happiness If you can't appreciate life's gifts, all the money in the world will never make you happy. Trust Your Instincts When a trade or investment goes bad the mind's natural reaction is to create thoughts that trigger fear and worry. Motivational Catalysts for the Trader A long week of bad trading days can make you feel like you've gone one round with Mike Tyson in a back alley. Facing Fastball Pressure I needed to find a way to reclaim my mental edge. Bullish Thinking Cap "Bullish thinking" is the ability to see the sun through the clouds. Breaking Out of a Mental Slump Even the best investors can be crippled by irrational expectations of their performances on each trade. The Narcissist Investor narcissistic, overconfident, self-centered [...] are these traits all necessarily detrimental? More Sunlight, Higher Returns It is a well-documented fact that sunlight can have a mood-elevating impact on the human brain. Don't Trade with your Wallet Sit on Your Wallet, Count Returns Later. Trading in our markets is not for the faint of heart nor the weak of stomach. Don't Aim, Just throw the ball Clear the noise in your head before you start work each day. Stocks, Emotions Don't Mix As Gordon Gekko says: "Never get emotional about stocks because it clouds judgment." Healthy Mind, Healthy Profits There are a variety of negative outcomes that can surface when your expectations for absolute success on a given trade, investment or relationship are not met with reality. Coming to Your Trading Emotional Rescue ...practical solutions for remaining emotionally disciplined and objective in short- and long-term investment strategies  Watch Dr. Cass on preventing Adultery  Read the Dr. Cass - GQ Interview  Dr. Cass is an advisory board member of FM World Charities: promoting public health and improving the quality of life in underserved communities throughout the world. 
 Take the Competitive Streak Consulting Survey on ADHD and Substance Abuse Find out if ADHD is affecting your productivity at work. 
THE NEW Alcohol / Drug Abuse Treatment  Read Dr. Cass´ articles in Trader magazine Wall Street Wives’ Club This group was formed to empower and serve the needs of wives and girlfriends whose husbands or significant others work in the stressful and volatile brokerage community. Just like the miracle Mets of '86: You Just Gotta Believe! Anxiety is normal for any trader when big decisions need to be made without sufficient data points. To Live and Trade as a Responsible Narcissist Why being an ego-maniacal, selfish, totally demanding trader is not necessarily a bad thing. The Fear Factor Advice to a Trader Paralyzed by Fear Ask the Doctor Trading Psychology & Strategies. Avoiding the Starter Divorce Advice for a lonely trader who´s set unrealistic standards based more on bra size than brain size. Trust your Instincts Make money the old fashioned way: listen to your gut. I ain´t calling her a gold digger Advice for a trader who´s smarting from an expensive vacation with an unappreciative girlfriend.   Read Dr. Cass´ articles in On Wall Street Resolution Resolve Make Resolutions that stick From Quick Fix to Addiction In order to start off strong every day and maintain a focus some advisors are gaining access to prescription medications Get That Love Out of the Air Once you combine your work life with your social life, the chances of something romantic--or problematic--occurring greatly increases. Calm in the Face of the Storm It's easy for advisors to become complacent after prolonged periods of success.But when the markets stop cooperating, and people feel like they have no control over them, panic tends to rear its ugly head. A Method to March Madness ...the issue of codependency... Starting the New Year in Style ...Jan. 1 is a tough day for many advisors because it can feel like a letdown after New Year's Eve..... A Healthy Dose of Team Spirit ...For the lone advisor out to land cream-of-the-crop investors, it has become quite difficult to deliver comprehensive, top-notch services.... Keeping a Spot on the Roster ...Many firms operate under the philosophy of "what have you done for me lately?"...you can never get too comfortable... Blazing on a Sunny Afternoon The summer months are to advisers what the winter months are to baseball players...the late-spring to early-summer days are your version of the postseason. Every day counts. There´s Too Much Information Turn off the high-tech gadgets when you get home each night. You'll be better off mentally when you take a break from stimulation. How to Tame the Top Advisers Memo to branch managers whose best brokers are out of control: Put them on a leash--now. Your office will thank you. Staying on Top of Your Game Don't be despondent over the mistakes you've made this past year. The best advisers rebound from them and try to improve. Running With Bullish Thinking A negative outlook can cripple your work and relationships. Get away from bearish thoughts--your success depends on it. Bear-Market Brides Pressures at work can make you do dumb things outside the office. Cautionary advice courtesy of a Wall Street psychologist.  Example of a bullish thinking log.   |
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