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Thursday, May 12, 2011

Working Memory Capacity and Spontaneous Emotion Regulation may help Forex Traders Handle Stress

Science Daily
How useful would it be to anticipate how well someone will control their emotions? To predict how well they might be able to stay calm during stress? To accept critical feedback stoically?
Heath A. Demaree, professor of psychology at Case Western Reserve University, finds clues in what psychologists call "hot" and "cold" psychology.
"People differ with regard to how well they can control their emotions, and one factor that predicts it is non-emotional in nature -- it is a 'cold' cognitive construct," Demaree explains referring to Working Memory Capacity.
Working memory capacity, or WMC, is the "ability to process a stream of information while engaging in a separate task or while being distracted" he said. For example, taking notes during a lecture: you must listen to what the lecturer is saying at the moment, remember what has already been said, and write it down.
People with a high level of working memory capacity were best at using a coping mechanism to make themselves feel better and control negative emotions after being harshly criticized.
This kind of research where "cold" cognitive psychology meets "hot" emotional psychology is a new route providing the foundation for Demaree's recent study: "Working Memory Capacity and Spontaneous Emotion Regulation: High Capacity Predicts Self-Enhancement in Response to Negative Feedback," published in Emotion

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