Why we choke

Trading is often about how to take the appropriate risk without exposing yourself to very human flaws.
Post Reply
User avatar
Euler
Posts: 24815
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ

Why we choke: -

It comes down to the two ways your mind functions when completing tasks; it uses explicit and implicit monitoring. A novice will use much more conscious or explicit monitoring as they are learning, trying to focus, and trying to remember. An expert has put in the time and gotten to the point where there is a switch to the unconscious or implicit mind. Syed explains:

… the prefrontal cortex is activated when a novice is learning a skill, but that control of the stroke switches over time to areas such as the basal ganglia, which is partly responsible for touch and feel.

This migration from the explicit to the implicit system of the brain has two crucial advantages. First, it enables the expert player to integrate the various parts of a complex skill into one fluent whole …, something that would be impossible at a conscious level because there are too many interconnecting variables for the conscious mind to handle. And second, it frees up attention to focus on higher-level aspects of the skill such as tactics and strategy.

This transition between brain systems can be most easily understood by thinking about what happens when you learn to drive a car. When you start out, you have to focus intently in order to move the gearshift while keeping the steering wheel in the right place, pushing on the clutch, and keeping an eye on the road. In fact, at the beginning these tasks are so difficult to execute simultaneously that the instructor starts you off in a parking lot and helps you slowly to integrate the various elements.

After a few years of driving your car you don’t think much at all about all the elements that are coming together to help guide you down the road. In fact, you are so comfortable with the act that you can sip coffee and sing along to the song on the radio while doing a task that, at one point, was very difficult for you to master. But what happens if something occurred to suddenly shift you from implicit back to explicit, from the unconscious back to the conscious?

This situation has been re-created by Robert Gray, a psychologist at Arizona State University. He took a group of outstanding intercollegiate baseball players and asked them to swing at a moving ball while listening for a randomly presented tone to judge whether the tone was high or low in frequency. As expected, the tone-listening task had no detrimental effect on the efficiency of their swings… Why? Because baseball hitters have automated their shot-making.

But when hitters were asked to indicate whether their bat was moving up or down at the instant the tone sounded, their performance levels plummeted. Why? Because this time the secondary task forced them to direct their attention toward the swing itself. They were consciously monitoring a stroke that was supposed to be automatic. Explicit monitoring was vying with implicit execution.

Their problem was not a lack of focus, but too much focus. Conscious monitoring had disrupted the smooth workings of the implicit system. The sequencing and timing of the different motor responses were fragmented, just as they would be with a novice. They were, effectively, beginners again.

https://www.farnamstreetblog.com/2015/10/why-we-choke/
BobHigt
Posts: 7
Joined: Tue Sep 06, 2016 1:57 pm

thank you! i choke so much lately and had no idea why..
Post Reply

Return to “Trading Psychology”