Download or read book How to be a Disciplined Forex Trader written by J. Chavos and published by . This book was released on with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to be a Disciplined Forex Trader details a lot of what the brand new Forex traders need to know right away to be able to make disciplined decisions and real money right away. I will also be telling you more about what the Wall Street Muppet masters look for on a price chart and how they see you brand new Forex traders coming mile away. I will tell you how you can turn the tables on them and begin to make money off their dirty work and also tell you how to see your competition and who they are. It is completely up to you to learn this business the right way, will you? You ever see one of those old movies and the guy back hand slaps the other guy in the face and goes “get ahold of yourself man” that’s what this book is meant to do, because there are some badass people in the live market and they are looking for you the brand new undisciplined Forex trader. Listen, you better get a clue here because the alternative of not being displaced when you enter this business is you lose all your money to the sharks, is that what you want? You can use this book and the references, suggestions and tips in it to go further into your educational studies of the markets and there dynamics. Knowing market dynamics is going to be critical for you to have the winning edge you will need to be a successful market participant. By studying what How to be a Disciplined Forex Trader suggests you will not become one of the 97% of the sheeple of the herd, and also how and where you can get more information to build a winning edge against your competition. You are the only one making you do this business so don’t you owe it to yourself to study the right information and do the best education and training you can right from the first day? The alternative of not doing it right from the start is your trading account will get FUBAR and no one wants that now right? By following the advice and information in How to be a Disciplined Forex Trader you can greatly cut down the long learning curve there is in this business and put yourself on the fast track to making an unlimited income for yourself from anywhere in the world. That’s the best business in the world to be in isn’t it?
Download or read book Trading in the Zone written by Mark Douglas and published by Penguin. This book was released on 2001-01-01 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Douglas uncovers the underlying reasons for lack of consistency and helps traders overcome the ingrained mental habits that cost them money. He takes on the myths of the market and exposes them one by one teaching traders to look beyond random outcomes, to understand the true realities of risk, and to be comfortable with the "probabilities" of market movement that governs all market speculation.
Download or read book Simple Steps to Trading Discipline written by Toni Hansen and published by Marketplace Books. This book was released on 2009-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are you interested in achieving financial freedom through trading? The key is building a trading strategy that fits your personality and makes it realistic, even simple, to stick to your plan. In this step-by-step guide, Toni Hansen reveals the keys to building an effective trading system that will generate easy profits -- and how you can stick to it for the long run. With more than a dozen years of experience trading professionally, as well as educating other traders, she truly knows how to navigate the markets with success. In this new book, she will show you how to build your own roadmap to financial independence. Logical: Let Toni teach you how to lay the foundation for the development of a trading system that will help you identify and manage opportunities in the market. Learn how to be objective, logical, and confident in your response to the markets when you are presented with new trading opportunities. Personal: Use Toni's Tips to uncover your individual strengths and weaknesses, to personalize your approach to the markets based on your natural abilities, and to make trade analysis part of your daily life and trading routine. Profitable: Combine Toni's five building blocks of price development to cultivate the mindset of a professional trader, and identify the top money-making patterns. Determine your most profitable time periods and your most lucrative strategies to improve accuracy and boost your bottom line. Whether you're new to the markets or need to refocus your trading, Toni's new book will lend invaluable insight to the causes of your most frustrating dilemmas, teach you how to solve them, and show you the way to big profits!
Download or read book The Disciplined Trader written by Mark Douglas and published by Penguin. This book was released on 1990-04-01 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: The classic book that introduced the investment industry to the concept of trading psychology. With rare insight based on his firsthand commodity trading experience, author Mark Douglas demonstrates how the mental matters that allow us function effectively in society are often psychological barriers in trading. After examining how we develop losing attitudes, this book prepares you for a thorough “mental housecleaning” of deeply rooted thought processes. And then it shows the reader how to develop and apply attitudes and behaviors that transcend psychological obstacles and lead to success. The Disciplined Trader helps you join the elite few who have learned how to control their trading behavior (the few traders who consistently take the greatest percentage of profits out of the market) by developing a systematic, step-by-step approach to winning week after week, month after month. The book is divided into three parts: • An overview of the psychological requirements of the trading environment • A definition of the problems and challenges of becoming a successful trader • Basic insights into what behavior may need to be changed, and how to build a framework for accomplishing this goal • How to develop specific trading skills based on a clear, objective perspective on market action “A groundbreaking work published in 1990 examining as to why most traders cannot raise their equity on a consistent basis, bringing the reader to practical conclusions to go about changing any limiting mindset.”—Larry Pesavento, TradingTutor.com
Download or read book Disciplined Forex Trading for Beginners written by J.R. Bosanko and published by . This book was released on with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Professional traders don’t think like Main Street they think like Wall Street. If you want to become very successful in this business as a retail self-directed trader you must develop a Wall Street mentality when it comes to making money, there is just no other option. If you study what the Wall Street banks and the hedge fund people are doing, become disciplined like them and then emulate their performance you can make a nice living in the markets. Disciplined Forex Trading for Beginners is for all beginning aspiring self-directed investors and traders who are just getting their head around doing the Forex day trading and swing trading business. Everyone has their own ideas of what they think day trading and swing trading are and what it can do for them. This book is for raw beginners and will detail many of the things that a brand new trader must learn not to do before they can become consistently profitable in the live markets. I wrote Disciplined Forex Trading for Beginners for people who want to start their own Forex trading business and become self-directed participants in today’s financial markets who have zero experience and are looking for the best quality basic information to get them started driving their money train to the bank every day. When you are done reading Disciplined Forex Trading for Beginners you will have an excellent basic explanation of what and what not to do before you even study anything or do any kind of education. The information in Disciplined Forex Trading for Beginners will put you on the fast track to becoming a successful self-directed investor and swing trader with very little money invested. Get yourself educated then get yourself making money!
Download or read book The New Trading for a Living written by Alexander Elder and published by John Wiley & Sons. This book was released on 2014-10-27 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: The best-selling trading book of all time—updated for the new era The New Trading for a Living updates a modern classic, popular worldwide among both private and institutional traders. This revised and expanded edition brings time-tested concepts in gear with today's fast-moving markets, adding new studies and techniques for the modern trader. This classic guide teaches a calm and disciplined approach to the markets. It emphasizes risk management along with self-management and provides clear rules for both. The New Trading for a Living includes templates for rating stock picks, creating trade plans, and rating your own readiness to trade. It provides the knowledge, perspective, and tools for developing your own effective trading system. All charts in this book are new and in full color, with clear comments on rules and techniques. The clarity of this book's language, its practical illustrations and generous sharing of the essential skills have made it a model for the industry—often imitated but never duplicated. Both new and experienced traders will appreciate its insights and the calm, systematic approach to modern markets. The New Trading for a Living will become an even more valuable resource than the author's previous books: Overcome barriers to success and develop stronger discipline Identify asymmetrical market zones, where rewards are higher and risks lower Master money management as you set entries, targets and stops Use a record-keeping system that will make you into your own teacher Successful trading is based on knowledge, focus, and discipline. The New Trading for a Living will lift your trading to a higher level by sharing classic wisdom along with modern market tools.
Download or read book Trading in the Zone written by Mark Douglas and published by Penguin. This book was released on 2001-01-01 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trading in the Zone introduces a whole new mental dimension to getting an edge on the market. Use it to leverage the power of the “zone” for unprecedented profit. Mark Douglas uncovers the underlying reasons for lack of consistency and helps traders overcome the ingrained mental habits that cost them money. He takes on the myths of the market and exposes them one by one teaching traders to look beyond random outcomes, to understand the true realities of risk, and to be comfortable with the "probabilities" of market movement that governs all market speculation.
Download or read book Forex Trader written by Adrian Gallagher and published by Independently Published. This book was released on 2019-09-16 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: 90 per cent of people lose money trading Forex. Wouldn't you rather be part of the winning 10 per cent. This book is the first step you can take in your journey to becoming a consistent and successful Forex Trader. Learn how to identify potential trade setups Understand how to enter the market Manage your risk Learn how to exit a trade Learn multiple setups High-probability trades Low risk setups Detailed examples of trades Detailed descriptions of candlestick setups Forex Trader: 12 Candlestick Power Trades reveals the simple setups that can change how you view the charts and how you trade. Each of the twelve setups is broken down to help you understand what the market is doing, and how you can potentially capitalise on that to make a profitable trade. The setups are simple, easy to understand, and you can learn at your own time. Many people are driven by emotions, don't understand why the market moves in the way it does and as a result, blow their account and lose money. I know, I've been there. That all changed when I decided to become a disciplined Trader. I wrote my rules and stuck to them. And as my skill at identifying trade setups improved, so did my earnings from Forex Trading. You can learn how to become a better trader through this book, too. It shows you the exact trade setups I use, how I enter a trade, exit a trade, and manage my risk. If you want to change how you trade, this book is the best place to start.
Download or read book How to develop a Disciplined Financial Market Trading Plan written by Christo Ricardo and published by . This book was released on with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial market trading is made up of all types of investors and traders from around the world. Unfortunately 97% of all brand new investors and traders fail. The reason is because they have all been brainwashed from the very beginning of their time in the business and have not learned the proper way of the markets and how they really operate or have and use a disciplined approach on trading and investing in them. It is not about how much you know in this business but about the quality of what you know. Instead of learning it the simple way and keeping things very simple brand new traders tend to over complicate their learning by trying to learn everything except the kind of discipline it takes to succeed in this business. The information in How to develop a Disciplined Financial Market Trading Plan will put you as a beginner on the fast track to learning exactly the information you need to get started making money right away in the live markets. You want to invest and trade, right? You have to learn it the right way from the start to be able to be disciplined enough to put what you learn in your education to practical use in the live markets and make consistent profits. Use How to develop a Disciplined Financial Market Trading Plan as an overview or a guide if you will, to what to study and learn first to become consistently profitable from investing and trading. I give you concise information as to what to learn first and what to look for as far as further information is concerned. I tell you only the most critical things to learn first because those are absolutely the most important and the ones that will make you money right away if you are disciplined enough to do them.
Download or read book Swing Trading Forex Trading written by Jacob Elder and published by . This book was released on 2020-09-08 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are you interested in trading or options trading, but don't know where to start? You are thinking of investing in forex or swing trading if you continue to read. This book is the solution to alleviate your worries, and it is the perfect guide for you. If you are a beginner in the field, this book will help you know what to do. Before you enter this world, you must make sure you are well informed and prepared. Many people have decided to be traders and have tried to trade, but not everyone has been able to achieve success. This book will help you achieve your goals by providing you with relevant information, useful tips and the best trading strategies, will introduce you to the basics of forex and swing trading and how they actually work. This book will prepare your mind for being a successful trader and will teach you how to understand the best markets. This book includes: What is forex and swing trading? the best day trading strategies. forex and swing trading basics. the trader's mentality. how to manage risk and loss. tools, platforms, tips and tricks. and much more! this book includes several tools and platforms that you can use for your trading. it will also provide you with a step-by-step guide to success so that you are able to change your thinking into something better and more disciplined that will help you grow and invest longer. this book will help you design your trading plan and make you aware of what you need as a swing trader. ready to get started? click the BUY NOW button!
Download or read book Forex for Beginners written by Andrew William and published by . This book was released on 2019-10-10 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Would you like to learn how to earn your first dollar with forex trading? If yes, keep reading After all, is said and done, Forex has become the most luxurious type of investment everyone else, including me, is highly likely to indulge in one way or the other. In Forex, one can be a broker, provide a platform for others to trade or, as normally as you guessed it, be a trader. It is not anything mystical that people have flourished in this business with others earning a fortune from it while others tend to just trade in it with the least they can grasp. Unlike in the 19th century where Forex was mostly for banks and the elite, the 21st century has brought Forex right into our homes with the introduction of the numerous brokers, platforms, and the internet. Actually, Forex trading is right into our own bedrooms as put by one of the most successful traders, "I trade well in the night in my bed." But then success, as always stated, does not have to come that easy, especially for the armatures. You have to put in the work and above all have tips and a reliable source of information providing you with tips on the best trading strategies one could be able to imagine of to earn as much as you probably can and at the shortest time of learning. This is where I come in with the Forex for Beginners' book. This book will talk or touch on several topics that cover the forex trade. It introduces you as the reader into the forex life. It also gives you the reasons why one should choose forex. Also, it covers the advantages and disadvantages of forex trade. The book also dwells on principles of currencies. This actually a good for people who do or want to dwell in investments. One may ask why we trade forex. This book gives everything about that and more. It gives tips on how to choose a broker. It also looks at strategies such as fundamental analysis and technical analysis. It analyses the differences between these two and the pros and cons of each of the analysis. It also looks at the mechanics of trading. This playing with the numbers to see what the risk, profits are and even loses. Another important thing is learning the discipline in trading. One learns what it is important, and also the psychological and money discipline is learned. The other thing is trading psychology which explains deeply on how forex works. Money management and a trading plan is another thing that is discussed, and finally, one is taken step by step on what to do on the first operation. What does someone learn or gain from this book? One learns on the secrets of the trade. Another thing learned is how to choose a broker. One learns the strategies which he or she can use to trade in the forex market. Life investments are put as a major priority. So, want to know more? Are you intrigued by the topic above? Then buy and read this book now!
Download or read book Forex Trading 2020 written by Morgan Rich and published by . This book was released on 2020-01-27 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you want to start with Forex Trading, but do you think it is very complicated? No one likes to tackle hard topics, especially when they involve money and math and just numbers in general. However, what most people do not know is that some of these topics are not as hard as you think. Nobody ever wakes up and becomes perfect in a certain field. With forex exchange, you can become the best trader by laying down time and resources to understand how to go about it. In this book, you will learn how to start, what to do upon starting, how to earn money as well as simple technical analysis. You can go from a complete beginner to the ultimate pro matters trading. A lot of people become such good traders that they develop their own farms of financial advice and get to lead other upcoming traders. There are no limits to the levels you can achieve once you begin learning about forex exchange. The first thing you need to get accustomed is the basics. We shall discuss some of the keywords you need to know before becoming a trader. It is important for you to learn what a lot size is and how to manipulate it so that you do not make huge losses that take all your money out. The basics will also leave you knowing how the market trades so much money in one day. In the beginning, you will need a broker to organize your money for you to be able to trade. The market is very volatile, and the currencies change their value every minute. A broker is able to leverage your money by lending you their own, which allows you to participate for a longer period of time. Here you will learn about the technical analysis that a trader needs to carry out before taking on a pair to trade with. There is a lot of work that goes into understanding how a trend is curving. Whether you will be trading for fifteen minutes, one hour or even days and weeks, it is important to know how the market is curving so that you can make an informed choice of whether to go into a buy or a sell. Forex trading psychology is also a big part of this book. After going through this chapter, you will be able to understand the state in which your mind needs to be in before and after trading. You will lose and gain profits while trading. However, the extent to which you experience any of these motions is entirely upon you. We shall discuss trading discipline and how to remain level headed and make well-informed choices regarding your currency pairs. It is also important to know what currencies are major and which ones are minor. This book will help you understand the things you need to do in order to become successful in trading forex. We shall examine the do's and don'ts and give you the tricks that you should have under your sleeve at all times. There are many reasons why people trade. Some want to become financially free, while others want something to supplement their income. Forex trading has tremendous opportunities for you. The only differentiating factor, however, is how badly someone wants it and the amount of time they are ready to put into understanding it....Don't worry if you have never operated in this world, this is the guide you need to get started... ...Scroll to the top of the page and select the Buy Now button...
Download or read book Forex for Beginners written by Gualtiero Favole and published by . This book was released on 2021-02-08 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you want to know everything about forex trading, then keep reading... Are you looking for some realistic strategies and tactics that will help you build your foothold in the forex marketplace? Then you have come to the right place because this book has everything you need in the most comprehensive manner possible. It has been composed in a way that once you read the book, your foundation will be ready and strong, and you don't have to look back. You will not only gain some useful knowledge, but you will also learn how to use it in the real world. Once you enter the forex world, you will find that people are trading here all the time, but are all of them making money? No. So, what sets a successful forex trader apart from an unsuccessful one? That is what we are going to learn here so that you do not make the same mistakes yourself. The question that bothers every newbie trader is where should they start and which strategy should they use? This book will answer all your questions and more. You will learn the details of how to manage your money and to size your positions so that you can minimize the risk and maximize your profit. Most books on forex trading that you will get in the market focus only on charting techniques and international finance and forget all the basic things that you need to know in order to understand all of that. But the aim of this book is to make your foundation strong. Whether you are a complete newbie to the world of Forex or you have some knowledge about it, this book will provide useful information to everyone. You will also learn how to master the art of trading psychology and become a disciplined trader. Here is a summarized version of all the key points which have been mentioned in this book: A comprehensive introduction to the forex market Overview or price movements and what they mean Risks involved in forex trading and how you can manage them Specific setups and techniques that are perfect for a beginner to implement And more... Even if you think that you are completely naïve in the field of forex trading, this book will be the perfect one for you because it has been written in an easy-to-understand language. You will learn about behavioral finance, technical and fundamental analysis, and also the qualities you need to hone in order to become successful at trading. So, take one topic at a time and master each one of them as you move forward. Don't fear your failures. Instead, learn from your mistakes. The strategies mentioned in this book are perfect for novices and will help you start walking on your trading journey. If you want to have a trading plan of your own that will help you bring home handsome profits, but you don't know where to start, all you have to do is scroll up and click on the Buy Now button!
Download or read book The New Market Wizards written by Jack D. Schwager and published by John Wiley & Sons. This book was released on 2012-10-10 with total page 615 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for THE NEW MARKET WIZARDS "Jack Schwager simply writes the best books about trading I've ever read. These interviews always give me a lot to think about. If you like learning about traders and trading, you'll find that reading this book is time well spent." -Richard Dennis, President, The Dennis Trading Group, Inc. "Jack Schwager's deep knowledge of the markets and his extensive network of personal contacts throughout the industry have set him apart as the definitive market chronicler of our age." -Ed Seykota "Very interesting indeed!" -John Train, author of The Money Masters "Successful trading demands longtime experience because it requires firsthand knowledge. If there is a shortcut to this requirement, however, it is in reading about the experiences of others. Jack Schwager's book provides that shortcut. If you find yourself sweating upon occasion as you read, then you're as close to the trading experience as you can get without actually doing it yourself." -Robert R. Prechter, Jr., editor, The Elliott Wave Theorist THE NEW MARKET WIZARDS Some traders distinguish themselves from the herd. These supertraders make millions of dollars-sometimes in hours-and consistently outperform their peers. As he did in his acclaimed national bestseller, Market Wizards, Jack Schwager interviews a host of these supertraders, spectacular winners whose success occurs across a spectrum of financial markets. These traders use different methods, but they all share an edge. How do they do it? What separates them from the others? What can they teach the average trader or investor? In The New Market Wizards, these wildly successful traders relate the financial strategies that have rocketed them to success, as well as the embarrassing losses that have proven them all too human. Meet the Wizards of Wall Street: * Stan Druckenmiller, who, as manager of the Soros Quantum Fund, realized an average annual return of more than 38 percent on assets ranging between $2.0 and $3.5 billion * William Eckhardt, a mathematician who, in collaboration with trader Richard Dennis, selected and trained the now-legendary circle known as the Turtles * Bill Lipschutz, a former architect who, for eight years, was Salomon Brothers' largest and most successful currency trader * Blair Hull, a one-time blackjack player who began an options trading company with Asking the questions that readers with an interest in the financial markets would love to pose to the financial superstars, and filled with candid appraisals, The New Market Wizards takes its place as a classic.
Download or read book Forex Trading written by Mark Elder and published by . This book was released on 2019-09-23 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you want to start with Forex Trading, but do you think it is very complicated? No one likes to tackle hard topics, especially when they involve money and math and just numbers in general. However, what most people do not know is that some of these topics are not as hard as you think. Nobody ever wakes up and becomes perfect in a certain field. With forex exchange, you can become the best trader by laying down time and resources to understand how to go about it. In this book, you will learn how to start, what to do upon starting, how to earn money as well as simple technical analysis. You can go from a complete beginner to the ultimate pro matters trading. A lot of people become such good traders that they develop their own farms of financial advice and get to lead other upcoming traders. There are no limits to the levels you can achieve once you begin learning about forex exchange. The first thing you need to get accustomed is the basics. We shall discuss some of the keywords you need to know before becoming a trader. It is important for you to learn what a lot size is and how to manipulate it so that you do not make huge losses that take all your money out. The basics will also leave you knowing how the market trades so much money in one day. In the beginning, you will need a broker to organize your money for you to be able to trade. The market is very volatile, and the currencies change their value every minute. A broker is able to leverage your money by lending you their own, which allows you to participate for a longer period of time. Here you will learn about the technical analysis that a trader needs to carry out before taking on a pair to trade with. There is a lot of work that goes into understanding how a trend is curving. Whether you will be trading for fifteen minutes, one hour or even days and weeks, it is important to know how the market is curving so that you can make an informed choice of whether to go into a buy or a sell. Forex trading psychology is also a big part of this book. After going through this chapter, you will be able to understand the state in which your mind needs to be in before and after trading. You will lose and gain profits while trading. However, the extent to which you experience any of these motions is entirely upon you. We shall discuss trading discipline and how to remain level headed and make well-informed choices regarding your currency pairs. It is also important to know what currencies are major and which ones are minor. This book will help you understand the things you need to do in order to become successful in trading forex. We shall examine the do's and don'ts and give you the tricks that you should have under your sleeve at all times. There are many reasons why people trade. Some want to become financially free, while others want something to supplement their income. Forex trading has tremendous opportunities for you. The only differentiating factor, however, is how badly someone wants it and the amount of time they are ready to put into understanding it. ...Do not worry if you have never operated in this world, this is the guide you need to get started... ...Scroll up and click de buy now button...!!!
Download or read book Forex Trading 2020 written by Morgan Rich and published by . This book was released on 2020-10-15 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you want to start with Forex Trading, but do you think it is very complicated? No one likes to tackle hard topics, especially when they involve money and math and just numbers in general. However, what most people do not know is that some of these topics are not as hard as you think. Nobody ever wakes up and becomes perfect in a certain field. With forex exchange, you can become the best trader by laying down time and resources to understand how to go about it. In this book, you will learn how to start, what to do upon starting, how to earn money as well as simple technical analysis. You can go from a complete beginner to the ultimate pro matters trading. A lot of people become such good traders that they develop their own farms of financial advice and get to lead other upcoming traders. There are no limits to the levels you can achieve once you begin learning about forex exchange. The first thing you need to get accustomed is the basics. We shall discuss some of the keywords you need to know before becoming a trader. It is important for you to learn what a lot size is and how to manipulate it so that you do not make huge losses that take all your money out. The basics will also leave you knowing how the market trades so much money in one day. In the beginning, you will need a broker to organize your money for you to be able to trade. The market is very volatile, and the currencies change their value every minute. A broker is able to leverage your money by lending you their own, which allows you to participate for a longer period of time. Here you will learn about the technical analysis that a trader needs to carry out before taking on a pair to trade with. There is a lot of work that goes into understanding how a trend is curving. Whether you will be trading for fifteen minutes, one hour or even days and weeks, it is important to know how the market is curving so that you can make an informed choice of whether to go into a buy or a sell. Forex trading psychology is also a big part of this book. After going through this chapter, you will be able to understand the state in which your mind needs to be in before and after trading. You will lose and gain profits while trading. However, the extent to which you experience any of these motions is entirely upon you. We shall discuss trading discipline and how to remain level headed and make well-informed choices regarding your currency pairs. It is also important to know what currencies are major and which ones are minor. This book will help you understand the things you need to do in order to become successful in trading forex. We shall examine the do's and don'ts and give you the tricks that you should have under your sleeve at all times. There are many reasons why people trade. Some want to become financially free, while others want something to supplement their income. Forex trading has tremendous opportunities for you. The only differentiating factor, however, is how badly someone wants it and the amount of time they are ready to put into understanding it. ...Don't worry if you have never operated in this world, this is the guide you need to get started...
Download or read book Trade Mindfully written by Gary Dayton and published by John Wiley & Sons. This book was released on 2014-10-31 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Overcome psychological obstacles to increase trading success Successful traders need to be well-versed and skilled in a wide range of business and economic areas. But now, in addition to effective trading strategies and sound money management techniques, traders need to possess the know-how to handle the mental and emotional challenges of working in a highly volatile environment. Trade Mindfully is a unique resource that applies cutting-edge psychological techniques to trading skills, allowing readers to improve their mental outlooks and maximize the potential of their trading strategies. This book draws upon recent psychological research in behaviorism to teach new approaches that call for better focus, more confidence, and more positive perspectives and outcomes. One of the key concepts covered in the book is mindfulness, a state of mind traditionally touted in the East for its ability to reduce stress and increase perspective, useful qualities for traders looking to rise above emotional obstacles and the poor results they cause. The author also discusses the importance of High Value Trading Actions (HVAs), specific actions that are under a trader's control. With this guide, trading professionals will be able to form solid strategies based on a combination of these notions and practices, leading to higher levels of trading performance. Applies sound psychological practice and evidence-based research to the trading profession Covers the psychological perspectives and mental skills needed to succeed in today's trading world Focuses on key concepts that lead to deliberate practice, specific trading activities, and increased awareness and focus Designed to help traders deal with the emotional challenges that come with uncertainty and risk Trade Mindfully touches on the most essential concepts for anyone intrigued by what trading psychology has to offer, and delivers the best strategies for achieving the right mental skills for peak performance.
