Refined over 25+ years of coaching the best of the best on Wall Street, Dr. Doug Hirschhorn guides portfolio managers at hedge funds to find and sustain their edge so they can consistently achieve peak performance.
Process Leads to profits coaching methodology
To help portfolio managers make more money, Dr. Hirschhorn uses his A-E-A process-based approach focused on:
Awareness: Understanding how your natural strengths can hurt your risking take and how your weaknesses can help you
Edge: Knowing when your have a mathematical advantage so you are taking appropriately sized, smart risk
Accountability: Continuously holding yourself accountable through a daily journaling process
Common Performance Barriers
Dr. Hirschhorn’s work with portfolio managers often involves identifying and addressing psychological biases and blind spots that hinder performance. He specializes in eliminating the following:
Turning winners into losers
Sizing up trades
Holding onto winners
Over trading / Under trading
Tangifying
Confirmation Bias
Process drift
Overcoming FOMO
Filtering through noise
Leveraging your team
Proven expertise
Grounding his coaching methodology in his book The Trading Psychology Playbook, Dr. Hirschhorn incorporates time tested strategies so that portfolio managers can quickly identify and overcome destructive trading:
Process Leads to Profits
Match Size With Conviction
Trade Positions not P&L
Take Smart Risk by Making Probability-Weighted Decisions
Keep a Trading Journal for Self-accountability
Office Hours Coaching Process
Dr. Hirschhorn offers high-touch coaching to portfolio managers on large platforms. His process has four phases:
Office Hours & Ongoing Support
Setting aside a block of time each week, Dr. Hirschhorn comes onsite so that portfolio managers can schedule live, in person sessions with him. In between site visits and Dr. Hirschhorn provide consistent accountability, by remaining “on-call” so they can ping him to get a tune up anytime they need him, 24/7/365.