The Trading Athlete

Winning the Mental Game of Online Trading

Author: Shane Murphy

Publisher: Wiley

ISBN:

Category: Business & Economics

Page: 320

View: 695

"The best traders in the world know that being mentally prepared is absolutely essential to compete in today's markets. Without a firm understanding of the psychology of trading, even the best stock picker will fail. The Trading Athlete gives specific instruction on how new and seasoned traders can keep themselves at the top of their mental game."-Tim Bourquin, Cofounder, TraderInterivews.com and The Online Trading Expo "This book is a great training camp for online traders. Doug and Shane will provide the knowledge and motivation to help you become a successful trader."-Jonathan Markowitz, Partner, SMW Trading Co., Inc. Traders, just like athletes, face tremendous pressure, stress, and expectations that would crush the ordinary, unprepared individual. The Trading Athlete utilizes sport psychology strategies to provide you with the knowledge, confidence, and discipline needed to succeed and profit in the sink-or-swim world of online trading. Using real-world examples of athletes and online traders, this book will help you reach the peak of your online trading performance with in-depth analysis of: * Building confidence in good times and bad * Handling losses by examining your methods * Focusing and maintaining concentration * Playing the game one trade at a time Through sport psychology strategies exemplified by John Elway, Arthur Ashe, and other athletes, you will finally begin to trade and survive in the big leagues.

The Trading Athlete

Winning the Mental Game of Online Trading

Author: Shane Murphy

Publisher: Wiley

ISBN:

Category: Business & Economics

Page: 320

View: 502

"The best traders in the world know that being mentally prepared is absolutely essential to compete in today's markets. Without a firm understanding of the psychology of trading, even the best stock picker will fail. The Trading Athlete gives specific instruction on how new and seasoned traders can keep themselves at the top of their mental game."-Tim Bourquin, Cofounder, TraderInterivews.com and The Online Trading Expo "This book is a great training camp for online traders. Doug and Shane will provide the knowledge and motivation to help you become a successful trader."-Jonathan Markowitz, Partner, SMW Trading Co., Inc. Traders, just like athletes, face tremendous pressure, stress, and expectations that would crush the ordinary, unprepared individual. The Trading Athlete utilizes sport psychology strategies to provide you with the knowledge, confidence, and discipline needed to succeed and profit in the sink-or-swim world of online trading. Using real-world examples of athletes and online traders, this book will help you reach the peak of your online trading performance with in-depth analysis of: * Building confidence in good times and bad * Handling losses by examining your methods * Focusing and maintaining concentration * Playing the game one trade at a time Through sport psychology strategies exemplified by John Elway, Arthur Ashe, and other athletes, you will finally begin to trade and survive in the big leagues.

High Performance Trading

35 Practical Strategies and Techniques to Enhance Your Trading Psychology and Performance

Author: Steve Ward

Publisher: Harriman House Limited

ISBN:

Category: Business & Economics

Page: 312

View: 540

High Performance Trading provides proven practical techniques and strategies to help traders of all abilities, experience levels and styles to enhance their trading performance and psychology. Based on practical coaching and training interventions, personal experiences, the latest research and feedback, and advice from leading traders, trading coaches and trading psychologists, this book offers something for everyone who wants to become a better trader. - Discover how to avoid the common pitfalls of trading and how to take the practical steps that can set you up for trading success. - Strengthen your trading discipline as you discover the art of flawless execution. - Develop and hone your mental edge through learning to think like a successful trader. - Programme yourself for trading success with powerful mental conditioning techniques. - Develop unshakeable focus and concentration and learn how to get into the trading zone. - Understand how to achieve and sustain a core of trading confidence. - Learn how to utilise simple techniques to manage your emotional states. - Build resilience to cope with trading stresses, and pressures and manage losses, setbacks and errors. - Move towards greater consistency and success in your trading performance.

Trading Classic Chart Patterns

Author: Thomas N. Bulkowski

Publisher: John Wiley & Sons

ISBN:

Category: Business & Economics

Page: 456

View: 272

Use popular chart patterns profitably In his follow-up to the well-received Encyclopedia of Chart Patterns, Thomas Bulkowski gives traders a practical game plan to capitalize on established chart patterns. Written for the novice investor but with techniques for the professional, Trading Classic Chart Patterns includes easy-to-use performance tables, vivid case studies, and a scoring system that makes trading chart patterns simple. This comprehensive guide skillfully gives investors straightforward solutions to profitably trading chart patterns. Trading Classic Chart Patterns also serves as a handy reference guide for favorite chart patterns, including broadening tops, head-and-shoulders, rectangles, triangles, and double and triple bottoms. Filled with numerous techniques, strategies, and insights, Trading Classic Chart Patterns fits perfectly into any pattern trader's arsenal. Thomas N. Bulkowski (Keller, TX), an active investor since 1981, is the author of the highly acclaimed Encyclopedia of Chart Patterns (Wiley: 0471295256) as well as numerous articles for Technical Analysis of Stocks & Commodities. Trained as a computer engineer, Bulkowski worked for over a decade at Tandy Corporation. Prior to that, he worked on the Patriot air defense system for Raytheon. New technology and the advent of around the clock trading have opened the floodgates to both foreign and domestic markets. Traders need the wisdom of industry veterans and the vision of innovators in today's volatile financial marketplace. The Wiley Trading series features books by traders who have survived the market's ever changing temperament and have prospered-some by reinventing systems, others by getting back to basics. Whether a novice trader, professional or somewhere in-between, these books will provide the advice and strategies needed to prosper today and well into the future.

Portfolio Manager's Playbook

Author: Doug Hirschhorn

Publisher:

ISBN:

Category:

Page: 64

View: 916

Dr. Doug Hirschhorn skillfully weaves his lessons learned as a former Division I athlete, knowledge acquired while earning a PhD in psychology and experience gained as a trader and peak performance coach in Portfolio Manager's Playbook. Readers will get a peek at his personal playbook and learn the techniques that have made Dr. Doug an in-demand peak performance coach and speaker. Portfolio Manager's Playbook reveals how to maximize your individual skill set no matter what your background or personality type may be--to become an even greater trader or portfolio manager.

The New Fibonacci Trader

Tools and Strategies for Trading Success

Author: Robert Fischer

Publisher: John Wiley & Sons

ISBN:

Category: Business & Economics

Page: 352

View: 723

CD-ROM contains: WINPHI software.

Trade What You See

How To Profit from Pattern Recognition

Author: Larry Pesavento

Publisher: John Wiley & Sons

ISBN:

Category: Business & Economics

Page: 224

View: 760

Trading the financial markets is extremely difficult, but with the right approach, traders can achieve success. Nobody knows this better than authors Larry Pesavento and Leslie Jouflas, both traders and educators of traders, who have consistently used pattern recognition to capture profits from the markets. In Trade What You See, Pesavento and Jouflas show traders how to identify patterns as they are developing and exactly where to place entry and exit orders. While some patterns derive from the techniques of Wall Street’s earliest traders and other patterns reflect Pesavento’s emphasis on the geometry of market movements and Fibonacci numbers.. Filled with hard-won knowledge gained through years of market experience, Trade What You Seeoutlines both a practical and sophisticated approach to trading that will be of interest to both novice and seasoned traders alike. Larry Pesavento is a forty-year veteran trader. He operates a Web site,

8 Ways to Great

Peak Performance on the Job and in Your Life

Author: Doug Hirschhorn

Publisher: Penguin

ISBN:

Category: Business & Economics

Page: 128

View: 773

Read Dr. Doug Hirschhorn's posts on the Penguin Blog. Discover the success secrets of top performers who thrive in today's toughest frontline corporate jobs Hard-hitting and pragmatic, Hirschhorn's no-nonsense advice has inspired thousands via his lectures, one-on-one coaching, and media appearances. But 8 Ways to Great goes beyond inspiration to provide the practical tools that anyone can use-no matter what their profession or personal goals-to break through self-defeating behaviors and deluded thinking to truly excel. 1. Let your true passion be your core motivation. 2. Develop self-awareness and use what you know about both your strengths and weaknesses. 3. Set goals and game plans-and learn to love this process, because it is all about the process. 4. Identify your competitive advantage-what sets you apart and what will turn the odds in your favor. 5. Develop inner confidence that keeps you from judging yourself based on other's standards and expectations. 6. Keep your cool-and don't let emotions dictate your decisions. 7. Take risks yet act intelligently with imperfect information. 8. Be accountable.

Essential Technical Analysis

Tools and Techniques to Spot Market Trends

Author: Leigh Stevens

Publisher: John Wiley & Sons

ISBN:

Category: Business & Economics

Page: 400

View: 228

An Introduction to Technical Analysis from One of the Top Names in the Business "Essential Technical Analysis is a highly valued resource for technical traders. The importance of comprehensive and well-researched market behaviors, indicators, and systems were well expressed graphically with many examples. No technical analyst should be without this book. Stevens's book could become another classic." -Suri Duddella, President of siXer.cOm, inc. (Forbes magazine's "Best of the Web" in Technical Analysis Category) "Essential Technical Analysis will give the new student of technical analysis a good overview of both classical chart patterns and a myriad of technical indicators, but so will many other texts. What sets this volume apart is that it presents the subject in the context of real-world trading situations, not idealized well-chosen examples. Books on technical analysis, especially those aimed at novices, are typically filled with charts in which the selected patterns are both unambiguous and work perfectly. As Leigh Stevens recognizes and confronts, however, the real world is a far more sloppy place: charts may often contain conflicting indicators, and patterns don't always work as described. Reading Essential Technical Analysis is like sitting beside a veteran technical analyst and having him describe his methods and market experiences." -Jack Schwager, author of Market Wizards, Stock Market Wizards, and Schwager on Futures "Leigh Stevens's depth of experience, acquired over many years, has generated a deep understanding of, and commitment to, the discipline of technical analysis. He is also one of those rare individuals who have both the ability to convey the essence of his ideas in a wonderfully simple and straightforward way and through the use of personal anecdotes and experiences. There are not many people around who can both walk the walk and talk the talk." -Tony Plummer, author of Forecasting Financial Markets, Director of Rhombus Research Ltd., and former Director of Hambros Bank Ltd. and Hambros Investment Management PLC "Leigh Stevens brings his considerable years of experience to this project. He has crafted a real-world book on technical analysis that gives you the benefit of his trials and errors as well as 120 years of observations and market wisdom from Charles Dow to the latest indicators and approaches. Investors who suffered from the bursting of the technology bubble in 1999 and 2000 should read Essential Technical Analysis from cover to cover and learn to apply the lessons to the next market cycle." -Bruce M. Kamich, CMT, past President of the Market Technicians Association and Adjunct Professor of Finance at Rutgers University and Baruch College

Options on Futures

New Trading Strategies

Author: John F. Summa

Publisher: John Wiley & Sons

ISBN:

Category: Business & Economics

Page: 320

View: 824

Increased marketplace volatility and the expanding size of capital markets have led to an explosion of interest in options on futures. What makes these instruments so attractive is that they allow traders to profit from movements in the markets using little up-front capital and plenty of leverage. At the same time, they provide an excellent hedge against the risks associated with capital market investments. This book demystifies these notoriously difficult-to-understand instruments and provides state-of-the-art strategies and tools for making the most of options on futures. John F. Summa (New Haven, CT) is a CTA and cofounder of OptionsNerd.com, an online service providing market commentary, trading advisories, and assistance with trading system development. Jonathan Lubow (Randolph, NJ) is cofounder and Vice President of Trader's Edge, a futures and options brokerage.

Charting Secrets

Trade Like a Machine and Finally Beat the Markets Using These Bulletproof Strategies

Author: Louise Bedford

Publisher: John Wiley & Sons

ISBN:

Category: Business & Economics

Page: 368

View: 861

A leading Australian trader shows you how to succeed on the sharemarket with proven charting techniques Now completely revised with the latest trading information, this revised edition of bestselling author Louise Bedford's Charting Secrets is the perfect guide for beginners and experienced traders and chartists alike. Unlike other books on trading, you'll find no get-rich-quick schemes here. Bedford believes that successful trading is a matter of study and hard work, just like any other job. With this in mind, Charting Secrets serves as a workbook that will have you practising what you read and mastering charting techniques as you go. The book begins with explanations of charting patterns and methods and includes sample charts for you to practise on, as well as step-by-step solutions that allow you to compare your results to hers. Features practical charting advice and sample charts that let readers learn techniques as they read Covers charting basics, as well as candlestick charting and system development, macro reversal and continuation patterns, trading psychology, and much more Written by a bestselling author known as one of Australia's most compelling speakers on trading Whether you're new to the trading game or an experienced trader looking to polish your charting techniques, Charting Secrets will show you how to turn potential into profit.

Secrets of the Trading Pros

Techniques & Tips that Pros Use to Beat the Markets

Author: H. Jack Bouroudjian

Publisher: John Wiley & Sons

ISBN:

Category: Business & Economics

Page: 256

View: 403

Praise for Secrets of the Trading Pros "In Secrets of the Trading Pros, Jack Bouroudjian shares the unique insight of a market veteran who has experienced all aspects of the marketplace-from exchange and industry leader to brokerage executive and market trader. The reader feels that Jack is sitting next to you telling his and the market's story, offering the view of an accomplished market participant who is passionate about his work. Jack's work is relevant reading, whether one is an investment professional or merely curious about how economic forces are displayed in the markets of today." —Thomas A. Kloet, Senior Executive Vice President and Chief Operating Officer, Fimat USA, LLC "Jack Bouroudjian is an accomplished expert in the art of trading equity futures. While no one alive knows all the secrets about trading, Jack has put together a formidable set of highly significant elements that are clearly important for success in trading." —Leo Melamed, Chairman Emeritus, Chicago Mercantile Exchange

Sports Betting to Win

The 10 keys to disciplined and profitable betting

Author: Steve Ward

Publisher: Harriman House Limited

ISBN:

Category: Games

Page: 218

View: 843

Thinking, and betting, like the pros "Most people in sports betting are looking at things the wrong way." - Peter Webb, founder of Bet Angel "Some people only ever seem to want to hit the sexy six, and not take the singles" - Compton Hellyer, founder of Sporting Index This is a book that teaches you how to bet on sports with the same discipline and mindset as the professionals. Lots of books and websites give advice on profitable strategies - and tipsters and systems proliferate. But this is the only guide that helps you make your trades and bank your wins for the long term, avoiding the perennial dangers of overconfidence, irrationality and emotion. However successful your selections, you are never safe from crippling losses until you know how to bet with the clear head and calm approach of the masters. The simple fact is that most people betting on sports lose over the long term. Performance errors currently hamper the majority of bettors: they lose their bets because they first lose their heads.The only answer is to think differently. With chapters ranging across motivation, performance analysis, the betting process and going pro, this book is the definitive guide to achieving this: - Use dozens of exercises to sharpen your thinking and refine your betting processes. - Share in the exclusive insights of professional sports bettors, who reveal for the first time how they have built successful gambling careers. - Benefit in every chapter from one-to-one training from the author, a professional sports and trading performance coach. Sports Betting to Win is your own personal course for establishing a firm psychological foundation for long-term betting success.

The PlayBook

An Inside Look at How to Think Like a Professional Trader

Author: Mike Bellafiore

Publisher: FT Press

ISBN:

Category: Business & Economics

Page: 448

View: 543

Want to become a truly great trader – either for yourself or for a proprietary trading firm? This book will help you get there. This unique approach is the closest thing to signing up for a “trader boot camp” yourself! You’ll learn by watching new traders walk through actual trades, explain what they’ve tried to do, and try to survive brutally tough expert critiques. One trade at a time, The Playbook reveals how professional traders must think in order to succeed “under fire,” how they assess their own performance, and how they work relentlessly to improve. Using concrete, actionable setups drawn from his extensive trading and training experience, Bellafiore walks through an extraordinary array of trades, showing readers how to maximize profits and avoid disastrous hidden pitfalls. He covers support plays, bull-and-bear flags, opening drives, important intraday levels, bounce and fade trades, pullbacks, scalps, technical opportunities, consolidation, relative strength, market trades, and more. He also presents indispensable insights on psychology and trader development, based on his work with hundreds of traders on a major commodity exchange and an elite prop firm’s trading desk. Packed with color, personality, and realism, this is an exciting guide to real-world trading.

TraderMind

Get a Mindful Edge in the Markets

Author: Steve Ward

Publisher: John Wiley & Sons

ISBN:

Category: Business & Economics

Page: 248

View: 307

Become a savvy trader with a "mindful" edge... TraderMind is an essential resource for understanding and applyingmindfulness-based approaches that help to enhance an individualtrader's overall performance. Based upon extensive research andpractical application in the real world of the trading floor,TraderMind includes methods, tactics and techniques to build andenhance awareness and insight, which help manage thoughts andemotions and maximize trading performance. The author demonstrates how to overcome habitual or impulsivetrading behaviours, manage energy levels, become more attuned toand responsive to the market, more situationally aware and buildpatterns of effective trading behaviour. By developing these skillsand good behaviours, traders can overcome inherent biases and,ultimately, improve their trading decisions. The techniques outlined in TraderMind can be utilized as corecompetencies of trading psychology or can be used to complementother behavioural methods and strategies. The TraderMind tool-setdoes not replace the need for basic trading skills, knowledge,strategy, or key performance enablers such as preparation andperformance analysis. Rather, TraderMind is designed to act as afacilitator or multiplier to enhance trader decision-making andimprove overall performance. "A thoughtful read with 'bang-for-thebuck' practical strategies for time pressed traders." – LindaRaschke, President at LBRGroup, Inc., CTA Also includes the TraderMind 8 Week Training Program.

Mental Toughness for Sport, Business and Life

Author: Robert Weinberg

Publisher: AuthorHouse

ISBN:

Category: Business & Economics

Page: 196

View: 307

In all facets of life, most people strive for success. This could mean getting a promotion to vice-president, making the high school basketball team, having your children grow up to be good citizens, or getting the family together for holidays. Many of the elements of success are likely to include recovering from failure, short and long-term goals, perseverance, focused concentration, coping with adversity and keeping confident despite obstacles. To be successful requires many of these attributes and some people might consider them to be ingredients of mental toughness. But what is mental toughness? Let’s look at the following examples and you can decide whether the person is mentally tough or not. A basketball player is injured and despite the fact that he may re-injure himself and hurt his long-term career, he decides to play in the championship game to help his teammates. A businesswoman is feeling really sick but she has a big presentation scheduled for today. Even though she might not be at her very best she “sucks it up” takes some medicine and goes into work to deliver her presentation. Are these examples of mental toughness or not? Would your conclusion be any different based on the outcome of the situation? For example would you say the businesswoman was mentally tough if she gave a great presentation but should have stayed home if, due to her illness, gave a poor presentation? These are difficult decisions, and people will typically come to different conclusions concerning what is mental toughness. In this book, I will provide evidence regarding the meaning of mental toughness. Its component will be broken down and tips for how to build mental toughness will be provided. So get started on the journey of understanding mental toughness and taking concrete steps to become more mentally tough.

MarketPsych

How to Manage Fear and Build Your Investor Identity

Author: Richard L. Peterson

Publisher: John Wiley & Sons

ISBN:

Category: Business & Economics

Page: 240

View: 460

An investor's guide to understanding the most elusive (yet most important) aspect of successful investing - yourself. Why is it that the investing performance of so many smart people reliably and predictably falls short? The answer is not that they know too little about the markets. In fact, they know too little about themselves. Combining the latest findings from the academic fields of behavioral finance and experimental psychology with the down-and-dirty real-world wisdom of successful investors, Drs. Richard Peterson and Frank Murtha guide both new and experienced investors through the psychological learning process necessary to achieve their financial goals. In an easy and entertaining style that masks the book’s scientific rigor, the authors make complex scientific insights readily understandable and actionable, shattering a number of investing myths along the way. You will gain understanding of your true investing motivations, learn to avoid the unseen forces that subvert your performance, and build your investor identity - the foundation for long-lasting investing success. Replete with humorous games, insightful self-assessments, entertaining exercises, and concrete planning tools, this book goes beyond mere education. MarketPsych: How to Manage Fear and Build Your Investor Identity functions as a psychological outfitter for your unique investing journey, providing the tools, training and equipment to help you navigate the right paths, stay on them, and see your journey through to success.

Inside the Investor's Brain

The Power of Mind Over Money

Author: Richard L. Peterson

Publisher: John Wiley & Sons

ISBN:

Category: Business & Economics

Page: 416

View: 370

Unique insights into how the mind of an investor operates and how developing emotional awareness leads to long-term success Inside the Investor's Brain provides readers with specific techniques for understanding their financial psychology, so that they can improve their own performance and learn how to outsmart other investors. Chapter by chapter, author Richard Peterson addresses various mental traps and how they play a role in investing. Through examples, such as a gambling experiment with playing cards, the author shows readers how being aware of the subconscious can separate the smart investors from the average ones. This book also contains descriptions of the work of neuroscientists, financial practitioners, and psychologists, offering an expert's view into the mind of the market. Innovative and accessible, Inside the Investor's Brain gives investors the tools they need to better understand how emotions and mental biases affect the way they manage money and react to market moves.

The Consistent Trader

How to Build a Winning Trading System, Master Your Psychology and Earn Consistent Profits in the Forex Market

Author: Sam Eder

Publisher: TCK Publishing

ISBN:

Category: Business & Economics

Page: 302

View: 527

The creator of the acclaimed Forex Course for Smart Traders shows you how to trade smarter than Wall Street and quants. Most traders learn to trade the wrong way, and realize only years later that their trading system has been focused on all the wrong things. You can save yourself countless hours and dollars by learning to trade Forex based on the principles and practices of history’s greatest traders. Discover what works and what doesn’t. It’s doing the simple things well that will yield the best results in trading. If you fail to master the fundamentals of successful trading, you are virtually guaranteed to fail long-term because of poor risk management. In this book you’ll learn: · The 25 beliefs of highly successful traders and how to model them · The scientific path to financial freedom using a trading system that creates consistent profits again and again · How to develop a working model of the forex market that allows you to spot opportunities and avoid mistakes · How to get an edge and trade like the “house” without an algorithm or inside information · How to set simple objectives that let you risk less and win big more often · How to run your trading business like a hedge fund · The one secret the world’s top trading psychologist recommends · How to balance your trader, analyst, and risk manager roles · The 12 daily tasks of top Forex traders · How to get in the trading zone like an elite athlete