A handbook of psychological techniques for enhancing your trading performance Achieving excellence in trading requires not only the ability to develop effective trading strategies and sound money management techniques, but also the skills to deal with the unique mental and emotional challenges of operating in a field of uncertainty and risk. Excellence in Trading draws from the latest psychological research, including relational frame theory and the concept of mindfulness to help traders cope with mental obstacles and enhance their confidence and focus in trading performance. Mindfulness, a mental skill that is changing the landscape of western psychology, can adjust brain structure in areas that handle reducing stress, increasing focus, and expanding perspective. This skill, along with a firm grasp of High Value Trading Actions (HVAs) and other mental skills discussed in the book, will minimize the emotional responses that result in erratic trading behavior and poor trading results. Ideal for economists and students, this book imparts the skills and awareness essential to improving your trading performance. Author Gary Dayton is a practicing psychologist and an expert on the Wyckoff trading method who has promoted his book in The Traders Expo, The MoneyShow, Traders Library, and the Association of Technical Analysis Draws upon the latest research in psychology and recently embraced ideologies, like mindfulness, to ensure that this book is at the cutting edge of psychological effects on trading With an emphasis on trading discipline and strong mental skills, Excellence in Trading helps you embark on a positive psychological path to maximize your trading potential.
- ISBN: 978-1-118-44561-7
- Editorial: John Wiley & Sons
- Encuadernacion: Rústica
- Páginas: 304
- Fecha Publicación: 20/08/2014
- Nº Volúmenes: 1
- Idioma: Inglés