Professor Philip Zimbardo conveys how our individual perspectives of time affect our work, health and well-being. Time influences who we are as a person, how we view relationships and how we act in the world.
Professor Philip Zimbardo conveys how our individual perspectives of time affect our work, health and well-being. Time influences who we are as a person, how we view relationships and how we act in the world.
1) Risk management goals – Goals pertaining to trade sizing and drawdowns;
2) Idea generation goals – Goals pertaining to the process of generating sound trading ideas and formulating these into plans;
3) Execution goals – Goals pertaining to implementing trade ideas/plans so as to maximize reward and minimize risk;
4) Position management goals – Goals pertaining to the management of positions once they’re entered, including hedging and scaling in/out;
5) Portfolio management goals – Goals pertaining to achieving good diversification among ideas and allocating capital effectively to those ideas;
6) Self-management goals – Goals pertaining to maintaining a constructive mindset for optimal decision-making;
7) Personal, non-trading goals – Goals that reflect desired outcomes in areas of life outside trading that might spill over into trading performance, including physical fitness, relationships, spirituality, etc.