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Trade Mindfully - Achieve Your Optimum Trading Performance with Mindfulness and Cutting-Edge Psychology (Paperback)
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Trade Mindfully - Achieve Your Optimum Trading Performance with Mindfulness and Cutting-Edge Psychology (Paperback)
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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.
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