We have reached the third and final episode in our recent series on the psychology of trading. Learning to understand what you are good at and where you can use improvement is beneficial in life as well as on the trading desk. In this episode, we are joined by two well-established veterans in the financial performance coaching industry to help break this idea down plus more. Let’s hear from Peter Burditt and Steven Goldstein.

In this episode, we explore the growing role of fixed income in the hedge fund space as firms increasingly diversify beyond traditional equity strategies. As market dynamics evolve, and electronic trading grows, hedge funds are turning to fixed income for new opportunities. David Rickard, Global Head of Fixed Income Trading Workflows at LSEG and Roderick Joniaux, Head of European Government Bonds and Supranational Products at Tradeweb, join us to talk about what this could mean for the future of the industry.

Is it skill or luck? Something we may not often consider or evaluate when trading. But, by using performance data, you should be able to analyse how to better execute trades based on certain factors. Did you ever consider what sorts of markets you are better at trading in or are certain performance biases holding you back? In the second episode in our series on the psychology of trading, we look to answer these questions and more. We are joined by Clare Flynn Levy, Founder and CEO of Essentia Analytics and we welcome back Dr. Richard Peterson who is a psychiatrist, and the CEO of MarketPsych.

• (00:00:00) - Introduction
• (00:01:48) - Clare's background
• (00:08:53) - Analysing performance as a fund manager
• (00:12:44) - Can unconventional approaches pay off?
• (00:19:26) - Navigating today's markets with optimisation
• (00:22:40) - Can our mindsets evolve with the markets?
• (00:27:38) - Short-term vs long-term
• (00:29:25) - Diagnosing alpha decay with data
• (00:35:49) - Sunk cost bias and the repurchase effect
• (00:39:15) - Why process matters