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Develop a winning trading mindset
Published February 1, 2023
Updated July 7, 2023What is the Mindset of a Trader?
Being a trader is not just about formulating better strategies and performing more extensive analysis, but is also about developing a winning mindset. According to many studies of traders, what separates a winning trader from a losing one:
It’s NOT that winning traders formulate better trading strategies
It’s NOT that winning traders are smarter
It’s NOT that winning traders do better market analysis
What separates a winning trader from a losing trader is their psychological mindset.
Most traders when they first begin trading mistakenly believe that all they need to do is find a great trading strategy. After that, all they’ll need to do is come to the trading market each day, plug in their great trading strategy, and the market will just immediately start pumping money into their account.
Unfortunately, as any of us who have ever traded have learned, it’s not that easy. There are plenty of traders who use intelligent, well-designed trading strategies and systems who still regularly lose money rather than make money.
The few traders who do consistently win the game of trading are those who have developed the appropriate psychological mindset that enables them to be consistent winners. There are certain beliefs, attitudes, and psychological characteristics that are essential to conquering the world of trading.Attitude About the Markets and About Yourself
Attitudes and beliefs about the market include things such as believing that the market is rigged against you. Such negative – and erroneous – beliefs can have a significant impact on your ability to trade successfully. If you’re looking at the market as being out to get you, then you’re not looking at it properly, in accord with reality, and therefore you can’t hope to be able to objectively evaluate market opportunities. The market is completely neutral – it doesn’t care whether you make money or lose money.
Our beliefs about ourselves are critical elements of trading psychology. One personal characteristic that almost all winning traders share is that of self-confidence. Winning traders possess a firm, basic belief in their ability to BE winning traders – a belief that is not seriously shaken by a few, or even several, losing trades.
In contrast, many losing traders have serious, nagging self-doubt. Unfortunately, if you see yourself as a losing trader, cursed with bad luck or whatever, that belief tends to become a self-fulfilling prophecy. Traders who doubt their ability often hesitate to push the button and initiate trades, and thereby often miss good trading opportunities. They also tend to cut profits short, overly fearful that the market will turn against them at any moment.
Winning traders have a healthy respect for the fact that even their best market analysis may sometimes not match up with future price movements. Nonetheless, they possess an overall confidence in their ability as traders – a confidence that enables them to easily initiate trades whenever a genuine opportunity arises.Key Characteristics of a Winning Trader
Psychologically, the very best of traders share the same key characteristics, including the following:
They are all comfortable with taking risks. People with very low-risk tolerance, who cannot accept losing trades, are not cut out to be winning traders, since losing trades are simply part of the game of trading. Winning traders are able to emotionally accept the uncertainty that is inherent in trading. Trading is not like investing your money in a savings account with a guaranteed return.
They are capable of quickly adjusting to changing market conditions. They don’t fall in love with, and “marry”, their analysis of a market. If price action indicates that they need to change their view on probable future price movements, they do so without hesitating.
They are disciplined in their trading and can view the market objectively, regardless of how current market action is affecting their account balance.
They don’t give in to being excessively excited about winning trades or excessively despairing about losing trades. Winning traders control their emotions rather than letting their emotions control them.
They make the necessary effort and take the necessary steps to be self-disciplined traders who operate with strict money and risk management rules. Winning traders are not reckless gamblers. They carefully calculate potential risk against potential reward before entering any trade.
One of the most important psychological characteristics of winning traders is the ability to accept (1) risk and (2) the fact that you may well be wrong more often than you are right in initiating trades. Winning traders understand that trade management is actually a more important skill than market analysis. What determines profits and losses is often not so much a matter of how or when you enter a trade, but much more a matter of how you manage a trade once you’re in it.Understanding how Trading Works
Winning traders know the difference between a “bad trade” and a trade that loses money. This is a critical point to understand. Just because you end up losing money on a trade, that doesn’t mean it was a bad trade – it just means that it was a losing trade. What makes a trade a good trade is not whether it wins or loses – a trade is a good one as long as it offers greater potential reward than risk, and the odds or probabilities of it being successful are in your favor, regardless of how it turns out. If you take a trade for good reasons and manage the trade well once you’re in it, then it’s a good trade, even if you end up getting stopped out for a loss. (Conversely, even if a trade happens to make money, if it wasn’t initiated for good reasons and with a favorable risk/reward ratio, then it’s a bad trade even though it may have happened to turn out profitably).The Upside-Down Mental Attitude of a Winning Trader
One reason that losing is so common among traders is that many attitudes and principles that serve us well in life do not work well at all in the profession of trading. Unaware of this fact, most traders lack a basic understanding of what trading is all about.
In our ordinary, daily lives, we are taught to avoid risky situations. But trading is all about taking risks.
Trading is an inherently risk-filled endeavor.
Winning traders who genuinely accept the risk of trading have the ability to enter a trading opportunity without hesitation and to just as easily close a trade when it isn’t working. They are not burdened with the emotional pain that causes them to lose their focus or self-confidence as a result of a trade not working out.
Traders who have not learned this attitude toward trading are driven by emotional reactions to winning or losing trades and have not truly accepted the fact that trading is a risk-filled business. Because they are not acting in harmony with reality, they do not make the best possible trading decisions.
Engaging in trading – and being successful at it – puts a huge demand on us, namely the demand that we maintain confidence while dealing with the continual uncertainty of trading in the markets.
In the profession of trading, facing the truth about what we’re engaged in is one of the key elements to success.Habits of Winning a Trader
Winning traders regularly review and evaluate their trading performance. They understand that trading is a skill that is only mastered through rigorous practice over time.
Winning traders are flexible. They aren’t ego-invested in their trades. They are able to always view the market objectively and easily cast aside trade ideas that aren’t working.
Winning traders do not hesitate to risk money when they see a genuine profit opportunity based on their market analysis and trading strategy. However, they do not risk money recklessly. Always aware of the possibility of being wrong, they practice strict risk management by putting small limits on their losses.Understanding that the Market can’t be Predicted
Winning traders are aware of, and accept, the fact that the market is ultimately unpredictable, that there is no surefire market analysis technique or strategy that will infallibly predict price movements. Because they are keenly aware of this fact, they carefully watch for signs that their analysis is mistaken, and if they see such signs, they quickly adjust their trading position.
In contrast, losing traders, once they have put a trade on, tend to only look for market action that confirms that they are right, and minimize or rationalize away any market action that seems to contradict their analysis. Thus, they often end up staying in losing trades too long and taking unnecessarily large losses.Freedom and Discipline of a Trader
Trading is basically without boundaries, the market is a completely free environment. You are free to buy or sell, enter or exit, at any point in time. There are basically no rules that require you to either open or close a trade at any given price or time. Despite the fact that one of the primary attractions of trading is the complete freedom to make our own decisions – to basically do whatever we want, whenever we want – the only way to consistently succeed in trading is to self-impose a set of rules to govern our trading and to practice strict discipline in following those rules.
What’s the problem? The problem is that we all instinctively love having the freedom to do whatever we want and hate having any rules and restrictions placed on us, even those of our own creation.
Self-discipline is critical to winning trading. Unfortunately, self-discipline is typically the hardest discipline to come by. Most of us do a better job of abiding by the rules imposed on us from outside ourselves, e.g., a “No Parking” sign, than we do of abiding by the rules we create for ourselves. Our attitude tends to be one more of, “Well, I made the rule, so I’m free to break it”. While that’s technically true, but it’s not an attitude that will serve you well in trading.The Solution is Within Yourself
Losing traders mistakenly believe that mastering the market itself is the key to winning. They fail to face the reality that the market can’t be mastered. You can’t control the market.
What you can control is yourself and what you do in relation to the market’s actions. Winning traders realize this fact and put greater effort into mastering themselves and their trading actions than they put into trying to master market analysis. It’s not that market analysis isn’t useful. It’s just that the amount of available information available to consider, as well as the number of different technical or fundamental indicators, is virtually endless. Plus, what’s significant at one point in time may be utterly insignificant at another point in time.
It’s just all too much information to sort out and ultimately impossible to deal with perfectly. A trader’s time is better spent on mastering themselves and their trading skills.Learn About “Turtle Trading” Summary of Being a Winning Trader
Trading is a difficult game to master. Very few people become highly successful at it. However, it is possible for virtually anyone to become a master trader as long as they are willing to make the necessary effort.
Attaining the proper psychological mindset for winning trading requires rigorous self-examination and self-discipline. You have to learn to cultivate good trading habits because they aren’t things that come naturally to most people. Making the necessary changes in yourself that will enable you to become a consistently profitable trader will more than likely affect how well you deal with life overall, not just how well you deal with trading.
Bottom line: Make the commitment to becoming a winning trader and that will enable you to become a winning trader. You can do it – but it’s up to you, not the market, to put money in your pocket.Additional Resources for Traders
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A Winning Season for BU Men’s Club Golf Heading to nationals with hopes of first program championship
Matt Kim (ENG’17) at the East Coast NCCGA Match Play Tournament at Crestview Country Club in Agawam, Mass., earlier this season.
It’s been a remarkable year for the BU men’s golf club. After securing first-place finishes in the two opening tournaments of the four they played this season, the 16-member team qualified for the national championship for the first time. Starting today, they’ll be among six teams from around the country competing in the National Collegiate Club Golf Association (NCCGA) Match Play National Championship, being played in Hot Springs, Ark.
“We’re all really excited,” says club member Aaron Slamowitz (ENG’17), sports information director. “I think it’s great for the club. It shows how far we’ve come over the last year. It’s definitely going to be really special. It means a lot for the club and for recruitment going forward.”
The golfers began the season—which starts in the fall—with a win at the East Coast NCCGA Match Play Tournament, followed by a win at the annual Golf Beanpot Tournament and a second and a third place finish at the next two NCCGA Stroke Play tournaments.
“With golf, anything can happen,” says Slamowitz. “The best players can have bad days, and the worst players can catch fire. There are some big schools going to Arkansas, but if a lot of us can put together some steady golf, I think we’ll have a chance.”
Club members trace their success this season to a series of meetings that began last year. Despite a remarkable individual performance by Peter Gunawan (CAS’18), the team finished in the middle of the pack in the NCCGA New England region. Sensing that they had the potential to be better, Matt Kim (ENG’17) says he and a few other players decided to hold biweekly meetings, to book more tournaments each semester, to play every weekend (weather permitting), and perhaps most important, to find a practice facility with an actual course, as opposed to just going to a driving range a couple of times a week.
Kim says that he, Slamowitz, and Mike Hanna (ENG’17) “just started calling every course in the area. We would literally call up every day and ask, ‘How much would it take for the BU club to practice here?’ It took a lot of calls, but eventually we found a home.”
That home turned out to be the Harmon Golf and Fitness Club in Rockland, Mass., which has a nine-hole course, a grass range, and plenty of practice greens and bunkers. The BU team joined the club in the fall, but it didn’t come cheap—dues had to be increased from $100 to $700.
They also decided that being as competitive as possible meant that for the first time they needed to cut players from the team. Of the 28 people trying out last September, 16 made the cut, 12 of them returning players.
“We had to cut people,” says Slamowitz. “If you’re not under a 15 handicap, you shouldn’t try out. I think 10 of the kids on our team are under a 10 handicap. If we want to continue this trend of getting better, that’s just what we have to do.”
Head coach Steve Tasho says that despite the team’s new, more competitive edge, he reminds his players to have fun. “Golf is the hardest game in the world,” Tasho says. “Everyone who’s played knows how frustrating it can be. I just like to remind them to enjoy themselves. They need to have fun in order to do well. That’s when you’re playing your best.”
The team’s seniors say they are as excited about the future of the program as they are about the prospect of capturing a national title.
“I think we’ve built a really strong foundation with everything we’ve done so far,” says Kim. “We already have some scratch golfers along with some other guys who can shoot in the 70s and low 80s. If we can just add some more scratch golfers in the future and qualify and win a few national championships, this team could make it to the next level. From what I’ve heard, the club can turn varsity in less than 10 years if it stays on this upward trend.”
The Boston University men’s golf club competes in the National Collegiate Club Golf Association Match Play National Championship today, Thursday, April 27, and tomorrow, Friday, April 28, at the Hot Springs Country Club, 101 Country Club Drive, Hot Springs, Ark. Find more information about the tournament schedule here.
Tryouts for the golf club are held in September. Follow and like the club on Facebook or email Aaron Slamowitz at [email protected] for more information.
Manny Gomez can be reached at [email protected].
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When December comes around, it’s natural to hope for a fresh start and a new beginning. But if your year was as bad to you as 2023 has been to, well, everyone, chances are your problems, fears, and anxieties will still be with you on January 1 (possibly wrapped up in a horrendous hangover, too).
It’s true that the strike of midnight on New Year’s Eve won’t suddenly make the world a better place, or put an end to the pandemic. But changing your outlook on past events can indeed help you recharge, and give you the energy you need to face the next twelve months. Here’s how to use New Year’s Eve as an opportunity to let go—and open your arms to the possibility of a better 2023.Turn new year’s day into a ritual
Since the beginning of time, people from all cultural backgrounds have celebrated change. That’s why we throw birthday parties and make a big deal of life events such as graduations and marriages. But this was a particularly tough year for everyone, so staying up and toasting when the ball drops might not pack the same punch as usual.
Instead, try to let go of 2023 by creating a new ritual. This can be anything you want it to be—from spending the day or the hours leading up to New Year’s meditating, to performing your own made-up ceremony with your social bubble.
“You can do symbolic actions, like guided visualization, where you let your worried or stuck energy flow out of you into the earth. Or real actions, like blowing your worries into a rock and burying it, or throwing it into a body of water,” says Jodi Aman, a family therapist and author of Anxiety, I’m So Done With You.
Take this as a creative opportunity to express yourself in any way you’re comfortable with. But whatever you do, the key is to focus on letting go of the bad things you’ve experienced this year and making room for the good things to come.Remembering doesn’t mean reliving
Acknowledging all the negative things that 2023 brought with it—the whole lot of them—is important to move forward, but that doesn’t mean you need to relive past traumas, Aman says. Doing this will help you be aware of what you’re willingly leaving behind, and focus on the good things you want for the next year to bring.
“You feel the feeling without the story of it,” she says. “And it fades because it is in the story where you suffer.”
In her lecture on clearing emotional clutter, she mentions that one way of doing this is by thinking about those things that upset you this year, and forgive yourself for feeling bad. Don’t judge yourself for hurting or being affected by it. Accepting that it’s ok to feel the way you do and consoling yourself the way you would a friend (hugging yourself, kissing your hand), will help you process those feelings and eventually let go of them.
This can be hard, though, and staying positive can sometimes feel irreverent, says Aman. This is especially true if you’re one of the millions of people that have lost someone dear to them this past year.
“But when you think about generosity, kindness, and compassion as deeply honoring those we’ve lost, it helps us sustain those good feelings,” she says.Thank yourself
Even if you didn’t accomplish most of the things on the list of goals you set back in January 2023, you also need to acknowledge the good things that happened this year. And that includes your accomplishments—even if it feels like you just barely made it through.
“I express gratitude for myself and all my support. I give myself kudos for what I did do, despite the mountain of anxiety and loss of the year,” says Aman. “Anything anyone did should be seen as a miracle!”
Whatever it is, think of it as a present to yourself. Focus on the fact that you made it through, and that is impressive enough.Create new traditions
This holiday season has been unusual for most of us. Surging cases of COVID-19 worldwide have forced people to stay indoors and only celebrate with those they share their space with. This is certainly a different situation compared to past years, and although it’s not ideal, it may be an opportunity to come up with something new.
Aman says making new traditions is the best way to keep your energy up, because it gives you something novel to be excited about. Again, this can be anything—playing games with your family over Zoom, coming up with a new signature dish or drink with your roommates, or developing a self-care ritual to do every year.
“I just bought an $8 fondue pot from a neighbor, and me and my family plan to make our own soft pretzels this year and dip them in cheese,” says Aman. “That is what we look forward to.”
Whatever you do to greet the new year, know that feeling tired and having no energy to celebrate is ok. 2023 is almost over, and even if things don’t change much on January 1, we still have things to look forward to, things we can be thankful for, and a whole lot of memes to help us muddle through the rest.
Just about anyone can write content.
But writing content that resonates with your audience and has an impact on your bottom line? That’s a much harder task.
The good news is that you can create engaging articles, emails, landing pages, and copy that will achieve business goals and deliver on its promise to your readers at the same time.
We’ll take you through seven top tips for writing impactful content in 2023.
Download the Semrush Content Writing Workbook – get unique insights from the key industry experts.1. Start with Your Goals
No matter how skilled a content writer or creator you are, if you don’t have a clear set of objectives, you’re bound to fail.
Firstly, without goals, you have nothing to measure your success. You also have no direction.
We recommend using SMART objectives to kickstart your content marketing plan – that is, your goals should be specific, measurable, achievable, relevant, and time-bound.
To ensure they are, answer the following questions with your team:
What do you need to achieve and by when?
How will you measure your success?
Can you do it with your current resources?
Does it further your main business objectives?2. Get to Know Your Audience
When does a room full of strangers become an audience? When they all sit up and take notice of the person talking.
To get people’s attention, you not only need to know their common questions and concerns, but you also need to speak directly to them. This means filtering people out as much as it means targeting them.
As the old adage goes, if you try to please everyone, you please no one.
So how do you ensure your message is broad enough to appeal to a wide market, yet specific enough to appeal to individuals?
That’s where buyer personas come in. In content marketing, these descriptive profiles segment and describe your ideal readership (which is likely a wider market than your potential clients).
Buyer personas incorporate a range of crucial information. In content marketing, aside from the usual demographic and background information, you’ll probably be most focused on:
Their goals and obstacles.
How they see your product and your competitors’ products.
The questions they have relating to their challenges and your solution.
The content formats and channels they prefer.
Broader topics and themes they are interested in.
The most important thing about buyer personas is to make sure that they genuinely reflect your readers.
Be aware, if you invent these profiles or they contain inaccurate information, they can cause your content marketing team to make mistakes. Check out the following possible data sources:
Internal customer databases.
Third-party analytics tools.
Onboarding or exit interviews.
Sales or customer service knowledge.
Once you know what each of your buyer personas looks like, you’ll be able to fine-tune your messaging and create content for each customer segment.3. Grab Your Reader’s Attention
The most important part of any article?
The same goes for a compelling email subject line. Without one and your newsletter will be left unread.
There are whole master classes dedicated to writing great headlines and subject lines, but a few well-aimed tips can wipe years of hard trial and error off your plate:
Controversy, questions, humor, shock-and-awe, contrast, uniqueness, and emotion are all big attention-grabbers in headlines. But also note that numbered lists outperform regular titles. In fact, according to our research, they get 80% more traffic.
At the same time, your H1 must be descriptive of the content – and unique. Not only will the content be clear to the reader, but to Google too. Ultimately, articles and guides that deliver on the headline get a higher quality score than content that does not.
But it’s not only about headlines. Don’t forget images. Make sure to select photos or illustrations that stop the thumbs on social media. Without a picture to tell your story to, you’ll go unnoticed.
Read more in the Semrush content strategy guide.4. Keep Your Audience’s Attention
So they’ve opened your article, your landing page, or your email. The question is, can your writing skills keep them there?
Your content should always focus on providing valuable, relevant content to a reader. The rest of your job is optimizing that content for readability, originality, usefulness, and even shareability.
So how do you keep someone interested?
Before you start writing something for someone, imagine they are sitting across the table from you.
What do they want to know?
What are their questions, doubts, objections, or misconceptions?
Your buyer personas will be seriously useful now. Write these ideas as bullet points and focus your attention on writing an outline that’s for them – and not for anyone else. By keeping their needs in mind, your message will chime loudly.
And remember, while longer posts do tend to outperform shorter ones, your goal is not to write a novel. Rather, it’s to produce a comprehensive, valuable piece. Do aim for quality content over quantity and let the topic dictate the length of your writing.
Finally, think about what you want your reader to do once they’ve finished your piece. Do you want them to sign up to a reading list, download a guide, or head over to your eeommerce store?
Your calls to action (CTAs) should be clear, consistent, and concise throughout each piece of content. Add too many of them and you will have a hard time measuring your content’s success.
Discover the Semrush Content Writing Workbook5. Optimize Your Content for Search Engines
SEO is about making your content available to your readers and achieving the goals you set out in your marketing plan.Before Writing
Line up your keywords. Look for primary keywords with a low difficulty rating and a decent search volume. But don’t get blinded by the numbers. It’s not what your readers are looking for, it’s why that’s important.
Plug your keywords into Google and see what comes out. Google’s nifty algorithm will take a best-guess at why the searcher is browsing and thereby help you understand the search intent:
Are they looking for topic information?
Do they want to find a website?
Are they comparing products to buy?
Or do they have their credit cards out ready to purchase right now?
The results Google delivers will give you a clearer picture of the type of content you should be producing for your particular keyword.When Writing
Use a range of title tags (H2, H3, and H4) to structure your content. More than half of the posts with a complex structure (H2+H3+H4) are high-performing, according to our research.
Add value to your audience and give your SEO a boost by linking to other content on your site, using keywords to describe the links. Also, note that any images you include should include alt text for accessibility and SEO.After Writing
Next, you need to write a meta title, using your primary keyword. While it needs to be optimized for search engines, it also needs to be appealing to real people. So, keep it short and sweet (under 60 characters).
Your URL should also include the primary keyword – remove stop words (to, the, a, in, etc.) to keep it concise.
Pro tip: make sure to run regular content audits as a part of your content marketing efforts. They help you discover high and low-performing content and identify pieces that need an update.
Download the 2023 SEO Writing Checklist to Optimize Your Content6. Strike the Right Tone of Voice
According to our recent research, 78% of the high-scoring and well-optimized texts are consistent with their tone of voice. But what exactly does it mean, and why is it important?
Maintaining your tone of voice is all about finding the right way to communicate with your audiences. Speak to your Grandma as you speak to your managing director and she’ll clip you round the ear (and maybe vice versa). Our tone of voice changes with the situation, who our audiences are, who we are, and what we need to achieve.
The same goes for our buyer personas. We need to talk to individuals, so we also need to shift how we speak to them.
The question is, how do you maintain a consistent brand voice at the same time?
Brand tone of voice helps define your brand personality. More to the point, the way your brand speaks through its content impacts the way people relate to you.
Despite the tweaks we make when speaking to Grandma or the boss, ultimately we are recognizably ourselves. Your brand should take the same approach to content creation and define a personality that can be flexible, yet consistent.
Ask your team to chip in. Together define what you sound like now and what you’d like to sound like in the future.7. Take Care of the Readability
The same factors that govern the substance of your content also determine your text’s target readability.
Are you writing for college professors, business people, or people who are booking a vacation? In online marketing, the complexity, length, style, and content all depend on your audience and their immediate goals.
Semrush determines readability by averaging sentence length and complexity, vocabulary choice, and overall text length. The platform then compares your content to your top ten Google competitors to give you a target readability score.A Look at the Semrush SEO Writing Assistant
Tone: The SEO Writing Assistant will highlight whether your text is casual, neutral, formal, or somewhere in between. It will also provide a consistency score and pinpoint sentences you can update to improve it.
SEO: Based on your target keywords and an aggregate of your top 10 competitors, the assistant will give you a score out of 10 and give you keyword suggestions for the semantically related keywords to reinforce your copy, as well as link, title, and alt tags suggestions.
Readability: You’ll receive a score out of 10. This is based on your target readability score, comparing your content to your top competitors. You’ll also get suggestions on how to fix any content issues your text might have.
Originality: Avoid plagiarism (accidental or otherwise) with the originality check.
The tool works seamlessly within Google Docs, Semrush, and via WordPress.Next steps
To optimize your copywriting for engagement, conversion, and SEO, download the Semrush Content Writing Workbook (includes tips from the leading content marketing experts and interactive assignments).
Facebook recently announced it is making strides against fake news. It cited several studies that independently concluded Facebook has dramatically decreased the reach of fake news by high percentages. But percentages don’t tell the whole story.
Facebook has indeed made great strides, as you will see below. Yet when you look at the numbers instead of percentages, a study reveals that fake news engagement on Facebook as of July 2023 was 70 million per month.
What’s going on at Twitter is another story.
Since the 2023 US Election, Facebook has announced twelve spam crackdowns while Twitter only announced five. The research shows that Twitter’s fight is not going so well.
According to Facebook:
As these studies attest, we’ve invested heavily in our strategy to fight misinformation since the 2023 US elections. We continue to roll out updates that address some of the outstanding gaps mentioned in these studies.Methodology Lists of Fake News Sites
The study authors gathered lists of fake news sites as published by various sites and researchers, including the following:
European Research Council paperShare and Engagement Metrics
Facebook engagement and Twitter share metrics were collected from BuzzSumo.Comparison with Real News Sites
The researchers also compiled a list of legitimate news websites, as well as sites from the arts, business, sports and other niches.Results of Research Study
News sites displayed an upward trend on both Twitter and Facebook. The trend on Facebook is clearly because of the changes in the news feed to emphasize news, especially local news.Fake News Trends
Fake news sites increased on Facebook and Twitter leading up to he 2023 election. After the election, engagement rates plummeted by 50% on Facebook while Twitter shares kept rising.Facebook Engagement versus Twitter Shares
“Facebook engagements fell from a peak of roughly 200 million per month at the end of 2023 to roughly 70 million per month at the end of our sample period.
As a point of comparison, the 38 major news sites… including the New York Times, Wall Street Journal, CNN, Fox News, etc.—typically garner about 200-250 million Facebook engagements per month.”
As you can see, Facebook’s metrics for fighting fake news are superior to Twitter’s. However, as of the end of the study in July 2023, Facebook was still serving up 70 million engagements with fake news per month.
The reach of fake news on Facebook is equal to 35% of all legitimate news websites combined. That’s a staggering amount of fake news that is still circulating on Facebook.
Facebook has announced several more spam crackdowns that affected fake news sites since the release of this study. So the amount of fake news reaching Facebook members today is quite likely less than the 35% reported by this study.Is Making Strides Against Fake News Enough?
The results are clear. Facebook is making strides in the fight against fake news. Twitter is achieving less success and taking less actions taken against fake news.
Yet with 70 million people engaging with fake news as of July 2023, Facebook still has more battles to fight.
Read Facebook’s announcement here.
BU Women Terriers’ Winning Season Snags Presidents’ Cup Teams earn a conference record seven Patriot League titles
Women’s outdoor track and field won the fourth conference title in program history, and first since 2008. Photo courtesy of the Patriot League
Fresh on the heels of their first season in the Patriot League, the BU women Terriers have made history. They brought home a league record seven conference championships, surpassing the previous record by two. Their accomplishment has earned BU the Patriot League Women’s Presidents’ Cup, awarded annually to the member school with the best overall performance. Army won the Men’s Presidents’ Cup, and Navy took the overall Presidents’ Cup.
During the 2013-14 academic year, BU women’s varsity soccer, tennis, rowing, cross country, indoor and outdoor track and field, and softball claimed titles while the women’s lacrosse and field hockey teams made it to their conference title games, but lost.
“It’s been a tremendous year for the entire athletics department,” says softball head coach Kathryn Gleason. “It’s inspiring to walk through our offices every day and see all those championship trophies on display. Our programs didn’t just make a mark in the Patriot League—we set a new standard for the entire department.”
Gleason says that her team’s conference title and a seventh NCAA bid will have a tangible effect on the program’s future. “Making an NCAA regional tournament appearance and having our games aired on ESPNU has given our program so much exposure,” she says. “Now, when I hit the road to recruit this summer, I can speak to our presence on the national stage and point to our success in the Patriot League.”
Women’s rowing team head coach Stacey Rippetoe credits her athletes’ tenacity throughout the season for their success. After winning the Patriot League championship, the Terriers went on to their second consecutive NCAA Championships. “We ran into a lot of challenges, but I think extreme stubbornness carried us through,” says Rippetoe. “We have a vision for our team, and we don’t stray away from it no matter what. I admire the athletes’ dedication to working towards those goals every day, even throughout the off-season, because the secret to being successful in this sport is doing the work when no one is looking.”
No program made as much of a splash in the new conference as the women’s track and field and cross country teams this season, in large part because of the performance of Rosa Moriello (CGS’13, SMG’15), whose efforts helped capture all three of the Terriers’ conference titles in the sport.
After sitting out last season with several injuries, Moriello trained hard all summer. The Patriot League Female Runner of the Year went on to place first in the 6,000-meter cross country finals last fall, set a new record in the 3,000-meter run at the Patriot League Indoor Championships this winter, and helped the Terriers clinch an Outdoor Championship in early May.
Despite her individual achievements, Moriello is most proud of the teams’ accomplishments. “I’ve always dreamed about winning all three seasons. We came close during my high school career and during our seasons in America East, but it never happened,” she says. “We knew we had a great chance to win cross country, and I think the confidence built from there. We have some of the best facilities in the country, and our coaches are so supportive—they really make us believe we’re going to win. We clearly made a statement about our teams, and let everyone know that we’re in the Patriot League.”
“We are extremely proud of the success of our coaches and student-athletes for their contributions in this inaugural year,” says outgoing assistant vice president and director of athletics Michael Lynch, who led BU to a record six straight America East Commissioner’s Cups and oversaw BU’s transition to the Patriot League. “Our women have made their mark and we look forward to much continued success.”
Rosa Moriello (CGS’13, SMG’15), Allison Barwise (SAR’14), and Rich Peters (COM’14) are competing at the 2014 NCAA Division I Outdoor Track and Field Championships in Eugene, Ore., being held this week, through June 14. The men’s schedule of events is available here, the women’s here.
Nate Weitzer can be reached at [email protected].
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