TradingView, the world’s leading social charting platform for traders and investors, has today launched its formula-based Zero In / All Out playlists, featuring songs to prepare traders for optimum focus during critical learning periods and inspire them to make confident, informed decisions thereafter.
Based on proprietary research conducted alongside leading behavioural psychologist Jo Hemmings, TradingView has curated two precise formulae which promote both states of extended concentration and informed confidence, creating the best environment for listeners to retain information and subsequently feel confident in their decision-making afterwards. Both formulae are based on the five essential components of music; Tempo (BPM), Tone (T), Length and Volume (LV), Lyrics (L) and Mood (M). There are also ways to qualify each component, with music to promote concentrating requiring a mellow tone (TM), longer songs (LVL) and no lyrics (LN). In contrast, music which activates confidence requires an upbeat tone (TU), shorter songs (LVS), and some lyrics (LS).
Alongside the formula reveal, TradingView has created two purpose built playlists to promote either mental state. But while the trading social network has shared one version of a recommended song list, it also recommends listeners create and share their own playlists to achieve the ultimate, personalised playlist.
The first of TradingView’s playlists focuses on concentration and should be used when researching a user’s next move. It’s therefore unsurprising that the chosen music features songs in ambient and electronic genres, but other songs which meet the specific formulae of “BPM (50 – 65) +TM +LVL (+ or -) -LN +M” include leading jazz greats, Joe Henderson and the Miles Davis Quintet.
For the second, action focused playlist, the formula of “BPM (65 – 85) +TU +LVS (+ or -) -LS +M” encourages bold decisions following the initial concentrated period and features Bob Marley & The Wailers and The Specials, as well as Tyler, The Creator, and Thundercat, proving that no genre can escape the magic formula.
James Maddison, head of UK at TradingView comments,
“Music taste may be personal, but the quest for better performance is universal. We built TradingView so anyone, anywhere, can be at the top of their game when analysing the world’s markets – these playlists took that mission into a wholly new and exciting area for us.”
“To be successful, you usually need to be able to do two things: zone in and understand the problem you’re trying to solve – next, have the capacity to burst into action like a bar-room brawl, and not let indecision hold you back. If these playlists, and their underlying formulas, help people do just that then we’re happy.”
Jo Hemmings, behavioural psychologist and co-curator of the TradingView formula explains, “With the correct composition of each of the five key musical components, music can be used as a very practical and powerful device. Taking just one component, tempo (BPM), for example, can easily illustrate its influence.
“The BPM of a piece of music is highly influential to how we behave. The target state of mind we want to achieve is the Alpha, which is between 8 and 14 Hz, which we know equates to between 50 and 65 BPM. This Alpha level is the optimum target of not too active, so that we can’t focus, but not too low so that we can’t tune in to what we’re concentrating on. Looking at each component of music in this scientific manner allows us to accurately identify the songs which will place us into the correct frame of mind to achieve our goals – it’s an incredibly commanding instrument to understand and utilise.”
The formulae are simple to follow; broken down, they simply guide the listener to pick out certain elements and filter out the songs that don’t work:
FOCUS = “BPM (50 – 65) +TM +LVL (+ or -) -LN +M”
BPM: find songs with a tempo of 50-65 beats per minute
TM: select a mellow tone that soothes and relaxes
LVL: longer songs with constant, non-disruptive volume make for better concentration
LN: choose a track with few or no lyrics
M: a slow, less melodic mood will help the brain focus on the task at hand, and not the music
ACTION = “BPM (65 – 85) +TU +LVS (+ or -) -LS +M”
BPM: find songs with a tempo of 65-85 beats per minute
TU: select an upbeat tone that positively enhances cognitive function
LVS: shorter songs with a faster tempo will keep you motivated when performing a task
LS: During Activation of a task some lyrics that motivate can boost decision making
M: an upbeat, lyrical mood will give you a boost of dopamine, helping you feel brave and confident
To find out more about the playlists or share your creations, visit www.tradingview.com.
To listen to TradingView’s playlists, Zero In and All Out on Spotify, visit the link: https://open.spotify.com/user/b5v53t82y38g5vbct23goieab.