Brain PathWays Blog

Discover Your Brain Strengths to Navigate Life

Neuroscience Boosts Trader Performance


trader

Image by killthebird via Flickr

I recently had the opportunity to facilitate the opening session of a workshop for financial traders in Kansas City, Missouri. Participants arrived from Spain, Switzerland, Australia, New Zealand and throughout the United States. They came together to present results of their research projects and to engage in five days of live training to observe and share best practices.

My role was to help these traders understand how their brains are wired to receive and process information so they could improve their performance. The effect of stress on their brains was addressed with emphasis on neuroscience methods to stay calm, resolute and “whole brained” while working. First, I will share my personal observations of the group characteristics, followed by a summary of the neuroscience data. Finally, a summary of the participant responses to their neuroscience reports and experiential exercises is provided.

Trader Behavioral Characteristics

The energy, tone, attitude and dynamics of the group were significantly different than what I expected. While this is a competitive field, everyone exhibited humility, open-mindedness and willingness to share their knowledge. What a breath of fresh air to experience men and women coming together for self-improvement with the attitude and intention of learning from one another.

The group, as a whole, seemed emotionally stable, with resilience and preparedness to deal with uncertainly, risk and opportunity in their profession. There was a quiet tone of calmness, maturity and wisdom present. The overarching theme seemed to be “performance excellence from continuous learning.”

Trader Neuroscience Profile

Fourteen participants completed an online, statistically validated survey that measured their sensory sequences and cognitive thinking preferences.

Sensory Strengths

  • Auditory (“word smart”): 7%
  • Kinesthetic (“body smart”): 21%
  • Visual (“picture smart”): 71%

Sensory “Blind Spots”

Where accidents and mistakes are most likely to happen under stress:

  • Auditory (not hearing something important): 86%
  • Visual (not seeing something important): 7%
  • Kinesthetic (pushing the wrong key): 7%

Cognitive Strengths

  • Sequential (“logic smart”): 14%
  • Global (“big picture smart”): 29%
  • Integrated (“cognitively balanced”): 57%

Trader Responses to Neuroscience Tools

All participants exhibited high levels of eagerness and enthusiasm to learn more about themselves through a neuroscience lens. They enjoyed their individualized reports and stated the results were accurate and connected to their performance. Most were familiar with some of the traditional personality and behavioral assessments;they were delighted to experience something different with practical brain-based tools they could put to use immediately.

The group takeaways included a heightened awareness of their neuroscience strengths and “blind spots” and how stress affects trader performance. They valued the tip on how to avoid visual sensory habituation (staring at data and screens too long) by moving their eyes around and shifting their physical position. The breathing and oxygenation techniques for managing stress got attention and “ah ha’s.” The group was challenged to form “trader teams,” with different brain strengths. The exercise helped them learn to leverage the power of diversity for “whole brain” performance and boosted their ability to spot opportunities and avoid pitfalls.

Summary

Being a successful trader requires a combination of highly unique characteristics. These include a passion and fortitude for the work, combined with extraordinary patience and willingness to learn from one’s disappointments and accomplishments. Successful traders know that success is never final; it’s measured over time like a baseball player’s batting average. They need to know themselves, inside and out, including their mental and emotional nature. Knowing how to leverage brain strengths is a critical, and often neglected, ingredient that can mean the difference between mediocrity and performance excellence.

Author Message:
You may not be aware that our organization is a trusted and respected source of reliable practical neuroscience solutions for personal and organizational development.  We have been creating and delivering brain-based human development solutions, since 1992. The message that follows directs you to a quick, easy, and low cost solution you may be searching for.

Are you interested in reducing stress and being a more effective “trader?” Knowing how your brain is wired for success and what makes you tick is the foundation to put in the driver’s seat and gain control of your career success. Now you have the insights and tools to “align” and “leverage” your strengths, your secret weapon. Your Brain PathWays report identifies your unique brain strengths and delivers personalized career guidance. Click to purchase your Brain PathWays online self-assessment and download your report today.

4 comments on “Neuroscience Boosts Trader Performance

  1. Pingback: Four Steps to Dream Team Performance | Brain PathWays Blog

  2. Pingback: Danger Signs That You May Be at Risk for First Round Job Layoffs | Brain PathWays Blog

  3. Pingback: Secret Weapon For Job Hunters and Career Changers | Brain PathWays Blog

  4. Pingback: Turbo-Boost Your Body and Brainpower for Peak Performance | Brain PathWays Blog

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Information

This entry was posted on August 11, 2011 by in Career and tagged , , , , , , , , , .

Follow me on Twitter

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 990 other subscribers

More from Brain PathWays

Visit us at www.neuidentity.com to discover your unique personal brain strengths and how you can use them to navigate life.

While you're there, sign up to receive Free Daily Messages From Your Brain for fun, fact-filled insights into how your brain works!

%d bloggers like this: