Mindful Trading: Mastering Your Emotions and the Inner Game

[MadMarketScientist 11]

Most traders lose long before they make a trade. They enter their trading day with their minds already clouded by a fear of loss, a fear of not being able to make up for prior losses, or an urgency to make up for prior losses. Entering a trading situation from this state of mind is a set up for losing that can become an avalanche. Learning to manage this is the difference between success and failure.

 

If does not have to be this way. You do not have to be like the vast majority of traders who lose because they do not know or refuse to know how brain, mind, and trading inter-relate. This book takes you on a journey of discovery into the inter-linked world that shows up in your trading room as "you". In re-organizing the mind for trading, a transformed "you" coordinates your platform, your methodology, and the perceptual map called your brain/mind from a learned calm impartial authority -- the trader's state of mind.

 

Excerpt of Mindful Trading is available at http://www.tradersstateofmind.com