TRADE PSYCHOLOGY
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For trading - market, price reading & YOU –this 3 factor u have to learn & master . The 3rd is most important. YOU factor comes from trade psychology . Actual long haul a trader wants to trade , he has to give atleast 50% weightage to psychology.Better u r a trader, more systematic-disciplined u r, less weightage should be given.
There is major flaw for trade learner, they don’t give proper time & effort to master it.Financial novices fail in market because of simply this reason. So many a failed trader with psychology/clinical psychology background made a through study of av trade-learner ( mostly miserably failed trader) – and become successful as trade coach. Yes read them , its partially helpful. To name a few.
1] MARK DOGLOUS- TRADING IN THE ZONE,DISCIPLINED TRADER
2] VAN THARP- WAY TO FINANCIAL FREEDOM ,PEAK PERFORMANCE COURSE,SUPER TRADER
3] ARI KIEV-PSYCHOLOGY OF RISK,MASTERING TRADING STRESS,WAY TO WIN
4] Dr elder- COME TO MY TRADING ROOM,TRADING FOR A LIVING,ENTRY & EXIT
5] Dr Johnson-FROM PAIN TO PROFIT
6] Dr STEENBARGER-ENHANCING TRADER PERFORMANCE,DAILY TRADING COACH
Two lady trainer/psychologist
7] Adrianne Togharie- DISCIPLINE-DISCIPLINE
8] RUTH BARRON ROOSEVELT
Comments : Start pt is one , higher u move in number, better is the quality/maturity of trainer.The last 2 lady help basically stick to business ,throwing unnecessary psychological burden.Best trader whom I have met, suggest DON’T GIVE THAT MUCH WEIGHTAGE TO PSYCHOLGY .IT COMES AUTOMETICALLY ,IF U R SYSTEMATIC,RULEBASED TRADER.ENTIRE GAME FOR MAKING MONEY,……….U SHOULD HAVE SOMETHING NATURAL , SMALL CAN BE FINETUNED. OTHERWISE THIS TRAINERS WOULD HAVE BEEN TRADERS.
There is another approach- read from best trader, particularly when they have given insightful thought. Best one is PHANTOM OF PIT.Followed by WAY TO TRADE BY john piper.
3RD ONE = MENTAL FITNESS FOR FUTURE TRADER- NORMAN HALLETT
Book by Curtis Faith –WAYS OF THE TURTLE, TRADING FROM GUT.
Views from LINDA,,Victor S……….WISDOM from experienced trader/mentor published in net.
There is another imp concept – EMOTIONLESS TRADING. THEORITICALLY we should aim it.
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By going detail in psychology helps u, how to tackle market uncertainity,when NOT to play. It helps to implement –TRADING AS BUSINESS, EXECUTION AS A JOB.Clarify importance of decision making within fierce battle ground between bull& bear, and when to play for survival, when to shift to play for big win.
The fitment of what style u choose as trader, intraday-day trade-swing- intermediate position ,position for long haul- depends naturally on your personal trait,as well as time/correct knowledge availability.
PSYCHOLOGY HELPS U TO UNDERSTAND WHERE U R NOW.so u can plan ur behavior modification to be a right trader ,with suitable style. It definitely helps to eliminate your life’s valuable time –if trading don’t suit you.If u r not keen to read/watch price attentively- an easy going personality – DON’T WASTE TIME.
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
For trading - market, price reading & YOU –this 3 factor u have to learn & master . The 3rd is most important. YOU factor comes from trade psychology . Actual long haul a trader wants to trade , he has to give atleast 50% weightage to psychology.Better u r a trader, more systematic-disciplined u r, less weightage should be given.
There is major flaw for trade learner, they don’t give proper time & effort to master it.Financial novices fail in market because of simply this reason. So many a failed trader with psychology/clinical psychology background made a through study of av trade-learner ( mostly miserably failed trader) – and become successful as trade coach. Yes read them , its partially helpful. To name a few.
1] MARK DOGLOUS- TRADING IN THE ZONE,DISCIPLINED TRADER
2] VAN THARP- WAY TO FINANCIAL FREEDOM ,PEAK PERFORMANCE COURSE,SUPER TRADER
3] ARI KIEV-PSYCHOLOGY OF RISK,MASTERING TRADING STRESS,WAY TO WIN
4] Dr elder- COME TO MY TRADING ROOM,TRADING FOR A LIVING,ENTRY & EXIT
5] Dr Johnson-FROM PAIN TO PROFIT
6] Dr STEENBARGER-ENHANCING TRADER PERFORMANCE,DAILY TRADING COACH
Two lady trainer/psychologist
7] Adrianne Togharie- DISCIPLINE-DISCIPLINE
8] RUTH BARRON ROOSEVELT
Comments : Start pt is one , higher u move in number, better is the quality/maturity of trainer.The last 2 lady help basically stick to business ,throwing unnecessary psychological burden.Best trader whom I have met, suggest DON’T GIVE THAT MUCH WEIGHTAGE TO PSYCHOLGY .IT COMES AUTOMETICALLY ,IF U R SYSTEMATIC,RULEBASED TRADER.ENTIRE GAME FOR MAKING MONEY,……….U SHOULD HAVE SOMETHING NATURAL , SMALL CAN BE FINETUNED. OTHERWISE THIS TRAINERS WOULD HAVE BEEN TRADERS.
There is another approach- read from best trader, particularly when they have given insightful thought. Best one is PHANTOM OF PIT.Followed by WAY TO TRADE BY john piper.
3RD ONE = MENTAL FITNESS FOR FUTURE TRADER- NORMAN HALLETT
Book by Curtis Faith –WAYS OF THE TURTLE, TRADING FROM GUT.
Views from LINDA,,Victor S……….WISDOM from experienced trader/mentor published in net.
There is another imp concept – EMOTIONLESS TRADING. THEORITICALLY we should aim it.
…………………………………………� �…………………………………………� ��…………….
By going detail in psychology helps u, how to tackle market uncertainity,when NOT to play. It helps to implement –TRADING AS BUSINESS, EXECUTION AS A JOB.Clarify importance of decision making within fierce battle ground between bull& bear, and when to play for survival, when to shift to play for big win.
The fitment of what style u choose as trader, intraday-day trade-swing- intermediate position ,position for long haul- depends naturally on your personal trait,as well as time/correct knowledge availability.
PSYCHOLOGY HELPS U TO UNDERSTAND WHERE U R NOW.so u can plan ur behavior modification to be a right trader ,with suitable style. It definitely helps to eliminate your life’s valuable time –if trading don’t suit you.If u r not keen to read/watch price attentively- an easy going personality – DON’T WASTE TIME.
