The Power of Conformity in Financial Markets - Candid Camera.

The following classic clip is from a 1962 episode of Candid Camera. This video captures a subtle point about human and crowd psychology which is commonplace in the financial markets.

Whilst it is amusing to watch, it's a good demonstration of scenarios commonplace in financial and commodity markets which has enormously powerful effects.

It is this force which creates trends and wild erratic movements in markets as tens of thousands of trades are placed in reaction to news, data,events and price action.

This immensely powerful force, has the ability to distract people and lead them astray from their well thought-out trading plans.



AlphaMind :Helping People Develop an Alpha Mindset for Optimum Performance in Financial Markets.

AlphaMind is a collaboration between market veterans Steven Goldstein and Mark Randall which aims to help people and businesses engaged in the challenging and highly uncertain world of Financial Markets, develop, cultivate and grow optimal mindsets for outstanding performance and more productive behaviour.

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Article by Steven Goldstein

Steven Goldstein is a leading Performance and Executive Coach and managing director at Alpha R Cubed Ltd.

Steven has worked as a coach with traders and investment professionals since 2009 with clients across the world. Steven's focus as a coach is on developing the 'Inner Game' aspects of trading performance.

Prior to becmoing Steven worked for more than 20 years as a traders in Rates and FX at some of the world’s leading investment banks.

See Steven's Full Profile.

Alpha R Cubed work with people and businesses in the financial markets to help them improve and develop behaviours to catalyse stronger and more effective risk performance. Alpha R Cubed run leadership development programmes, coaching programmes for leaders and financial market practitioners, and 'AlphaMind' Mindfitness Programmes.

If you are curious about how we could help you or your business, please email us at info@alpharcubed.com. or call +44 (0)7753 446097.

(c) Copyright AlphaRCubed Ltd, April 2019. Copyright in this blog and any accompanying document created by us is owned by us. Exception are stock images which have been acquired on license. Stephen Hwking image courtesy of Wikipedia.