The Way to Trade: Discover Your Successful Trading Personality
$20.43
| Author(s) | |
|---|---|
| Product Type |
Ebook |
| Format |
|
| Skill Level |
Beginner to Intermediate |
| Pages |
302 |
| Publication Year |
1999 |
| Delivery |
Instant Download |
The Way to Trade by John Piper is one of the most respected guides on developing the psychological foundation essential for consistent trading success. Instead of focusing purely on charts and systems, Piper delves into the inner dynamics of trading — mindset, discipline, personality, and emotional control — to help readers uncover their unique “trader identity.”
Drawing from decades of market experience as a professional derivatives trader, Piper reveals why many fail not because of poor systems but because they trade in ways that conflict with their personalities. He explains how to align trading methods, time horizons, and risk tolerance with one’s psychological strengths and weaknesses. The book also provides detailed insights on risk management, position sizing, journal keeping, and emotional conditioning, allowing readers to design a trading plan that truly fits their temperament.
Through real-world anecdotes, exercises, and structured advice, Piper demonstrates how to build self-awareness, patience, and discipline — the core elements that separate consistent traders from impulsive speculators. The Way to Trade is both a practical manual and a psychological blueprint, teaching you how to trade your way, not someone else’s.
✅ What You’ll Learn:
- How to identify your trading personality type and match it to a suitable market strategy.
- The role of psychology and emotion in consistent performance.
- How to construct a personalized trading plan that matches your goals and temperament.
- Techniques to control fear and greed and maintain objectivity.
- How to use risk management and position sizing as emotional stabilizers.
- The importance of keeping a trading journal and refining habits through feedback.
- Ways to shift from reactive trading to a structured, process-driven approach.
- How to stay mentally resilient through losses and uncertainty.
💡 Key Benefits:
- Learn to trade with confidence and emotional balance.
- Discover how personality influences every trading decision.
- Build a method that reflects who you are, not a one-size-fits-all system.
- Gain mental tools to recover from drawdowns and maintain composure.
- Transform trading from a stressful pursuit into a controlled, professional process.
👤 Who This Book Is For:
This book is designed for traders of all levels who want to improve self-awareness and build a system that aligns with their mental and emotional profile. It’s ideal for traders struggling with discipline, over-trading, or inconsistency — and for anyone seeking long-term mastery through personal growth.
📚 Table of Contents:
- The Trader’s Mindset
- Discovering Your Trading Personality
- The Importance of Self-Knowledge
- Emotional Cycles and Market Behavior
- Defining Risk and Reward
- Structuring a Trading Plan
- Developing Confidence through Discipline
- Building Your Trading System
- Money Management and Position Sizing
- Recording and Evaluating Your Trades
- Psychological Pitfalls and Recovery
- The Professional Trader’s Edge
The Way to Trade: Discover Your Successful Trading Personality By John Piper
12 reviews for The Way to Trade: Discover Your Successful Trading Personality
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Andrea Jensen (verified owner) –
As the author there are a few errors in the last review which I wanted to correct.
But first this review is of my second book THE FORTUNE STRATEGY and NOT THE WAY TO TRADE. I do not therefore see its relevance here.
Nevertheless:
1. THE FORTUNE STRATEGY is desigend to help those who are struggling with markets and who need a plan – the book provides a plan.
2. The book also helps with system design and does include futures trading system contrary to this review.
3. We do offer a 60 day money back guarantee. But there was a period where we offered Clickbank’s standard guarantee which may account for this point.
I have given my book 5 stars but only because the previous reviewer gave THE FORTUNE STRATEGY 2 stars – the average is 3.5 stars and THE WAY TO TRADE is certainly worth 4+!! I have had a lot of very positive feedback.
Hugo Vargas (verified owner) –
Good advice
Jacoby Vaughn (verified owner) –
very pleased
Eliezer Rich (verified owner) –
I am very sorry to say, that I have not mustered up the courage to read the book yet Oh!!!!!!!!!!!!!!!!!!!!!
Sunny Hartman (verified owner) –
One of my better purchases
Baker Saunders (verified owner) –
Genuinely useful. Some technical jargon in there but an easy read on the whole mindset of trading rather than technical or chart analysis. Since reading it I’ve done away with some bad habits. I’m much more risk averse, and I’ve reduced losses. It helped for me in the same way that Allen Carr’s stop smoking book works – a slow drip, drip, drip, common sense approach which eventually starts to change your behaviours over time.
Cash King (verified owner) –
Amazing book. A must for anyone interested in investing in the market. The book explains perfectly what it needs to be a successful investor. Though it doesn’t talk much about the technical charting a lot but yet it explains everything that any one who needs to figure out where to start in an effective way. Overall an effective book for anyone interested in being in the market.
Louisa Ingram (verified owner) –
Straight, practical and easy to understand to even the novice trader. I noticed all the traits in this book within my own personality when trading, this book helped me overcome my emotions before I reacted and made 40% within the first three months.
Taylor Swanson (verified owner) –
As a trading coach myself I have found invaluable material in this book. The trading pyramid concept is conceptually very sound – although here and there a bit forced. The 55 steps to success is most enlightening. Piper understands this business. The best of this book is how Piper rightfully downplays the role of trade triggering techniques. This is a must read for everyone that thinks trading is nothingmore than an excercise in technical analysis. It is much much more and you will be well advised to get your hands on a copy.
Reign Rowland (verified owner) –
John Piper’s next book The Fortune Strategy is a waste of money.
There is no information on the web site as to what you will be trading and what the trades look like. The marketing site only has indirect marketing information. The book covers trading options on futures and hedging with futures. If you buy it not knowing that, and don’t want to trade that way then you are out $149 (or whatever the current price is) like me. This is the last time I buy a strategy ebook that doesn’t give both graphical examples of what the trades look like and printed numerical details so you know the vehicles, the time frames, and have an idea of what the trades will look like. I also object to the author’s self imposed arbitrary constraint that he won’t give specifics for his trading strategies to more than 10 people, and won’t put them in his book. That’s just a cop out. Even if someone lays out a complete strategy with specific numbers on targets and stops, they don’t have to worry about it being over traded because most people will never implement it, and those who do will implement it differently.
Tripp Schroeder (verified owner) –
I’ve read 100+ books on trading. This is one of the best on psychology. There are 28 chapters and a summary of the main points at the end of most chapters. He talks a lot about risk, money management, discipline, rules, etc. The foreward is written by Alexander Elder which says a lot in my book. The author is British and refreshingly frank with some of his comments. This is one of those books that if you heed the advice, it could save you thousands of dollars and years of frustration. Another book like this is “Come Into My Trading Room” by Alexander Elder. I have no connection with either of these authors.
Victoria Fry (verified owner) –
I have read and re-read the book. It has helped me greatly in learning the different aspects of my trading personality. All newbies like me should read this book, I think it will cut the learning curve time down to virtually nothing.