Mastering Trading Psychology: Improve Your Trading with Firsthand Reports by Real-Life Traders

$14.86

Categories: Investing & Wealth Strategies, Trading Psychology & Discipline Tag: Psychology and Risk Management

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In Mastering Trading Psychology, Andrew Aziz describes technology, strategy, and psychology as the three essential pillars of successful trading, and he knows that the psychological aspects of trading are the most likely to be underestimated or even ignored. He wrote Mastering Trading Psychology to help traders enhance their understanding of this crucial pillar of trading and to strengthen their “mental skills” in order to maximize their performance.

Introduction:

Traders need to learn about the psyche and how to sustain change in a different way, in fact in a much more tangible way. That is why I wrote this book. To take you from abstract concepts to real-life examples from inside the minds of real traders like yourself. In this book, you’ll study the advice and wisdom of real traders with a wide range of real-life experiences: from a firefighter to a war veteran, from a professional proprietary trader to a single mom, from a police officer to a college student, from an air traffic controller to a university professor, and many others.

This book takes you into the minds of these traders, so you can learn from them in their own words. It is easy for me to tell you to have discipline and a passion for trading, or to be confident and patient, but these words of mine will not do you any good. You need to learn about these concepts in the context of trading. That is what this book is about.

It’s about real stories and struggles from people like you. There are enough books already available by trading gurus whose photographs with their private jets, yachts, and sport cars are plastered on almost every page. This is also not a book written by veteran hedge fund managers, investors, or the best market analysts. And it’s not written by the best trading psychologists either. This book is written by and for ordinary retail traders like you and me.

Many of us retail traders do not of course have access to consultants and professional performance psychologists. The writings I shared with you a few pages ago from Robert and Trader Siri really shook me. What could we do to help traders in our community? After wrestling with the matter, I decided that I needed to emphasize trading psychology more than ever. I’ve since invested considerable time in searching for the best available tools out there that can be easily accessed by everyone.

There are literally thousands of books about trading, as well as countless articles, websites, courses, seminars, blogs and chatrooms. Most are intended to help people to become better traders, most focus on the technical aspects of trading, and most are written by experienced and professional traders. But surprisingly, I found that very few really good books have been written on the topic of trading psychology.