The Psychology of Trading will likely change the perspective many in the investment community have when dealing with the complex world of trader psychology. Jankovsky presents a simple and common-sense solution to the timeless and eternal question every trader tends to have: “How do I make more money from my trading?” Jankovsky confronts head-on the issues of Market Analysis, Discipline, Trading Systems and the use of Technology as viable solutions to this difficult question.
Author’s Note:
I decided to write this book because the fact is—and I mean this with every fiber of my being—what I know about the markets and trading is priceless. I don’t mean that I know more than you, or that what I know is better than what others know. What I mean is that I have discovered something about the nature of reality that was unexpected for me. The markets taught me that. I chose to take my intellect, my discipline, my education, my tenacity, and carry it into that unexpected something. What I discovered is what some people call “enlightenment”; although I wouldn’t call it that. I would call it something closer to “Finally putting it all together”
I decided to write enough of what I have learned into this book so that anyone—and I mean ANYONE—with enough of the desire to know will uncover for themselves what it is that they need; so they can get to that place where they really they want to be. The world is not unfair—unless you think it is. If you want to get to that place you are thinking of right now—you can get started on the pathway to that place today. Are you prepared for the process of getting there?What if the journey is longer than you can make? Would you still get started? What if it was shorter once you discovered something you didn’t know before? What if you could make the change in one day and start making your fortune tomorrow?
You see, trading isn’t really about the money. At least for me. It’s about reaching your full potential at something—and knowing it. It’s about having complete control over yourself—so that nothing—and I mean nothing can break you. It’s about having the ability to do anything you want—but choosing the power to do as you ought. It’s about walking on water if you have the balls to try it. It’s about sinking to the bottom if you have the balls to accept that risk too. It’s about unlimited ability and the knowledge that you have earned it without sacrificing any part of yourself to do it.
Contents:
- You are the Problem
- Market Price Action is not Definable
- Why Most Traders Fail
- How Losing Traders Think
- Opening the Door to a Different Future
- The Arena of Conflict
- The Psychology of Price Movement
- Clarity of Observation and the Desire for Profit
- Cultural Myth and Self-Sabotage
- Gains and Losses
- Accumulating Profit
- Proper Record Keeping
- Identifying Opportunity to Profit
- Money Management
- Physical Health
- Technical Analysis
- Brief Introduction to the Theory of Time Compression
- Mental Ascent vs. True Discipline
- “The Circle of the Trade”
- Creating and Testing an Edge
- Proper Execution
- Proper Work Environments
- Staying on Course
The Psychology of Trading: How to Create & Maintain Your Winning Edge By Jason Alan Jankovsky pdf
