Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

Think and Trade Like a Champion will help you take control of your trading by following timeless rules and proven techniques. You will receive answers to some of the toughest and most confusing questions, such as when to hold a short-term winner for a longer-term gain; when to cut your loss even before your stop is hit; how to establish the optimal position size; how and when to buy and sell; and exactly what to examine during post-trade analysis to improve your weaknesses and build a solid foundation for success.

Author’s Note:

In this book, you will learn the important tools necessary to put yourself on the road to successful trading. But before success can show up in the physical world, it must be achieved in the mind first. I know—from experience. Growing up poor with little education, I had virtually no resources. As a result, I had to learn how to rise above a poverty mentality—a mindset that was working against me. But you don’t have to be poor to have a poverty mentality. Many people are trapped in fears of scarcity, or they feel undeserving because of their past or because of some falsehood they hold as true. You can even be rich, but if you don’t enjoy life’s journey and you lack passion, your life will be marginal. That unhappiness is the result of a poverty mentality.

If you put your heart, soul, and mind into something, then why not do everything you can to succeed in a big way? If you work hard and approach trading intelligently, you deserve success. But it takes persistence and the right mental attitude. If you’re not open to having complete control over your financial destiny, then you probably shouldn’t even read this book. Why?Because this book is all about taking ownership of your trading and your life and accepting full responsibility for your results. Without taking 100 percent responsibility, how can you cultivate a 100 percent ability to respond effectively?

The success blueprint in these pages has worked for me and for many others who have followed in my footsteps. It can and will work for you, but only if you’re open to new ideas and accept the reality that becoming a champion stock trader is not about being gifted or having a degree in finance from an Ivy League school. It starts with the empowering belief that winning is without a doubt a choice. If you can believe that, then you just learned lesson number one: Don’t be a Leon.

Contents:

• Always Go in with a Plan
• Approach Every Trade Risk-First
• Never Risk More Than You Expect to Gain
• Know the Truth About Your Trading
• Compound Money, Not Mistakes
• How and When to Buy Stocks
• Position Sizing for Optimal Results
• When to Sell and Nail Down Profits
• Eight Keys to Unlocking Superperformance
• The Champion Trader Mindset

Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard By Mark Minervini pdf