The left hemisphere of our brain controls the right side of the body and is analytically oriented. This is the side we use to analyze the markets. Attempting to trade with only the left hemisphere gives you a very narrow vision of the financial markets. Focusing on only technical indicators and science to reason the markets is a left hemisphere view of trading.
The right hemisphere controls our left side of the body and is responsible for our inituitive, creative, and artistic side. The right hemisphere is known as the emotional side of our brain and is used to process vast amounts of information. Trading on only the right hemisphere of our brain equals emotional trading. However, this side is necessary to develop self understanding.
A trader needs a balance of both the right and left hemisphere of our brain. Overnight preparation should be done with the left hemisphere while the right hemisphere should be used in the line of fire.
Here are a few examples of right and left dominant types taken from
Balance Your Brain Hemispheres - The IPN
Left Dominant Type:- argues logically and always has an answer for everything
- is future oriented
- never has time and races towards a heart attack
- any body awareness is foreign
- ignores any physical symptoms
- is nervous, restless, hectic, wound up, sometimes euphoric
- but learns quickly under direction to improve the condition
- has a tendency towards hypochondria
- doesn't know what to do with inner visions and feelings
- The left dominant type likes to be in leadership roles and high management positions. They are task oriented, result oriented, like to work with a list of things to be done. In order to be happy, they need success and recognition, but also order and structure. They have a very rigid vision of their own identity and their goals.
- problem solving approach: the left dominant type solves problems logically, analytically, step by step. Prefers numbers and facts in a logical sequence. Is interested in technology, finances and accounting, learns from dealing with facts. Easy to be hypnotized.
Right Dominant Type:- talks in feelings, but often in the negative
- is past oriented
- tries all kinds of therapies and abandons them again
- nothing satisfies, is depressive, moody, emotionally unstable and feels sorry for her/him-self
- is self-descructive, always expects the worst
- slow learner to improve inner and physical conditions, often frustrating to others
- many people of this type are very charismatic and extroverted
- they search for fun activities, like painting, making music, work in the garden, being creative. They think of many things simultaneously, start many activities, need a lot of space. Have a high ability to express themselves, are communicative, often spiritual and inventive, inspire others with their ideas and also get easily inspired by others, are wordy and suggestive.
- as a child are difficult to educate, because they often have difficulties to distinguish between right and wrong. Under duress, they lack a sense of self-identity, are incapable to seperate feelings from ideas. It is easy to get into a panic and react with helplessness and little self-control. Under constant stress, obesity and hedonism are a problem. Often they believe in destiny and coincidence, without human intervention. When they have a chronic or life threatening illness, tend to be fatalistic.
- solves problems intuitively, with a sense for the whole. Is open for new ideas and developments, learns from action and observation.
I am curious to know the various excersises that can help one develop a good balance of both. Some people tend to use one side more than the other. One method I learned about a year ago to improve the right hemisphere is to write down market insights and thoughts on a daily basis. This allows your creativity to grow.
If anyone else knows of methods to help balance the two hemisphere's please share it with us.
