Enhancing Trader Performance

Proven Strategies From the Cutting Edge of Trading Psychology

Author: Brett N. Steenbarger

Publisher: John Wiley & Sons

ISBN: 1118428641

Category: Business & Economics

Page: 304

View: 4132

Through his own trading experiences and those of individuals he has mentored, Dr. Brett Steenbarger is familiar with the challenges that traders face and the performance and psychological strategies that can meet those challenges. In Enhancing Trader Performance, Steenbarger shows you how to transform talent into trading skill through a structured process of expertise development and reveals how this approach can help you achieve market mastery.
Posted in Business & Economics

Enhancing Trader Performance

Proven Strategies From the Cutting Edge of Trading Psychology

Author: Brett N. Steenbarger

Publisher: Wiley

ISBN: 0470086912

Category: Business & Economics

Page: 304

View: 7384

Through his own trading experiences and those of individuals he has mentored, Dr. Brett Steenbarger is familiar with the challenges that traders face and the performance and psychological strategies that can meet those challenges. In Enhancing Trader Performance, Steenbarger shows you how to transform talent into trading skill through a structured process of expertise development and reveals how this approach can help you achieve market mastery.
Posted in Business & Economics

Enhancing Trader Performance

Proven Strategies from the Cutting Edge of Trading Psychology

Author: Brett N. Steenbarger

Publisher: N.A

ISBN: 9781119196716

Category: Investments

Page: 284

View: 3349

Praise for Enhancing Trader Performance ''Brett Steenbarger gives traders the best tool to improve their own trading: a look into themselves. By setting up a quantifiable, positive learning system, Brett allows anyone, from experienced fund managers to beginner traders, to maximize individual potential.
Posted in Investments

High Performance Trading

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

Author: Steve Ward

Publisher: Harriman House Limited

ISBN: 1906659907

Category: Business & Economics

Page: 293

View: 9191

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.
Posted in Business & Economics

Trading Psychology 2.0

From Best Practices to Best Processes

Author: Brett N. Steenbarger

Publisher: John Wiley & Sons

ISBN: 1118936825

Category: Business & Economics

Page: 448

View: 4689

Practical trading psychology insight that can be put to work today Trading Psychology 2.0 is a comprehensive guide to applying the science of psychology to the art of trading. Veteran trading psychologist and bestselling author Brett Steenbarger offers critical advice and proven techniques to help interested traders better understand the markets, with practical takeaways that can be implemented immediately. Academic research is presented in an accessible, understandable, engaging way that makes it relevant for practical traders, and examples, illustrations, and case studies bring the ideas and techniques to life. Interactive features keep readers engaged and involved, including a blog offering ever-expanding content, and a Twitter feed for quick tips. Contributions from market bloggers, authors, and experts bring fresh perspectives to the topic, and Steenbarger draws upon his own experience in psychology and statistical modeling as an active trader to offer insight into the practical aspect of trading psychology. Trading psychology is one of the few topics that are equally relevant to day traders and active investors, market makers and portfolio managers, and traders in different markets around the globe. Many firms hire trading coaches, but this book provides a coach in print, accessible 24/7 no matter what the market is doing. Understand the research at the core of trading psychology Examine the ways in which psychology is applied in real-world trading Implement practical tips immediately to see first-hand results Gain the perspective and insight of veteran traders who apply these techniques daily While markets may differ in scale, scope, and activity, humans remain human, with all the inherent behavioral tendencies. Studying the market from the human perspective gives traders insight into how human behavior drives market behavior. Trading Psychology 2.0 gives traders an edge, with expert guidance and practical advice.
Posted in Business & Economics

The Psychology of Trading

Tools and Techniques for Minding the Markets

Author: Brett N. Steenbarger

Publisher: John Wiley & Sons

ISBN: 9780471420231

Category: Business & Economics

Page: 352

View: 5195

"The one, only, and by far the best book synthesizing psychology and investing. In addition to providing modern, scientific knowledge about psychology, this book provides a mirror into the mind and wide breadth of knowledge of one of the leading practitioners of brief and effectual cures. Will help to cure your trading and your life." -Victor Niederhoffer, Chief Speculator, Manchester Investments Author, The Education of a Speculator and Practical Speculation "How refreshing! A book that rises above the old NLP model of the 80's and provides insights on how our relationship with the market is indeed a very personal one. Not only has Steenbarger provided some fantastic tools for the trader to transform his mindset, but he has contributed unique trading ideas as well. Brilliant!" -Linda Raschke, President, LBRGroup, Inc. "'Investigate, before you invest' was for many years the slogan of the New York Stock Exchange. I always thought a better one would be, 'Investigate YOURSELF, before you invest.' The Psychology of Trading should help you increase your annual investment rate of return. Mandatory reading for anyone intending to earn a livelihood through trading. " -Yale Hirsch, The Hirsch Organization Inc., Editor, The Stock Trader's Almanac "This highly readable, highly educational, and highly entertaining book will teach you as much about yourself as about trading. It's Oliver Sacks meets Mr. Market-extraordinary tales of ordinary professionals and individuals with investment disorders, and how they successfully overcame them. It is a must-read both for private investors who have been shell-shocked in the bear market and want to learn how to start again, as well as for pros who seek an extra edge from extra inner knowledge. Steenbarger's personal voyage into the mind of the market is destined to become a classic." -Jon Markman, Managing Editor, CNBC on MSN Money Author, Online Investing and Swing Trading "Dr. Steenbarger's fascinating, highly readable blend of practical insights from his dual careers as a brilliant psychologist and trader will benefit every investor; knowing oneself is as important as knowing the market." -Laurel Kenner, CNBC.com Columnist, Author, Practical Speculation
Posted in Business & Economics

Cybernetic Analysis for Stocks and Futures

Cutting-Edge DSP Technology to Improve Your Trading

Author: John F. Ehlers

Publisher: John Wiley & Sons

ISBN: 9781118045725

Category: Business & Economics

Page: 256

View: 7403

Cutting-edge insight from the leader in trading technology In Cybernetic Analysis for Stocks and Futures, noted technical analyst John Ehlers continues to enlighten readers on the art of predicting the market based on tested systems. With application of his engineering expertise, Ehlers explains the latest, most advanced techniques that help traders predict stock and futures markets with surgical precision. Unique new indicators and automatic trading systems are described in text as well as Easy Language and EFS code. The approaches are universal and robust enough to be applied to a full range of market conditions. John F. Ehlers (Santa Barbara, CA) is President of MESA Software (www.mesasoftware.com) and has also written Rocket Science for Traders (0-471-40567-1) as well as numerous articles for Futures and Technical Analysis of Stocks & Commodities magazines.
Posted in Business & Economics

The Education of a Speculator

Author: Victor Niederhoffer

Publisher: John Wiley & Sons

ISBN: 9780471249481

Category: Biography & Autobiography

Page: 464

View: 7637

The commodity trader describes how his personal life influenced his career in finance, and promotes strategic thinking as a way to successfully speculate in stocks, bonds, currencies, and futures
Posted in Biography & Autobiography

Trading Beyond the Matrix

The Red Pill for Traders and Investors

Author: Van K. Tharp

Publisher: John Wiley & Sons

ISBN: 1118542029

Category: Business & Economics

Page: 432

View: 5984

How to transform your trading results by transforming yourself In the unique arena of professional trading coaches and consultants, Van K. Tharp is an internationally recognized expert at helping others become the best traders they can be. In Trading Beyond the Matrix: The Red Pill for Traders and Investors, Tharp leads readers to dramatically improve their trading results and financial life by looking within. He takes the reader by the hand through the steps of self-transformation, from incorporating "Tharp Think"—ideas drawn from his modeling work with great traders—making changes in yourself so that you can adopt the beliefs and attitudes necessary to win when you stop making mistakes and avoid methods that don't work. You'll change your level of consciousness so that you can avoiding trading out of fear and greed and move toward higher levels such as acceptance or joy. A leading trader offers unique learning strategies for turning yourself into a great trader Goes beyond trading systems to help readers develop more effective trading psychology Trains the reader to overcome self-sabotage that obstructs trading success Presented through real transformations made by other traders Advocating an unconventional approach to evaluating trading systems and beliefs, trading expert Van K. Tharp has produced a powerful manual every trader can use to make the best trades and optimize their success.
Posted in Business & Economics

TraderMind

Get a Mindful Edge in the Markets

Author: Steven Ward

Publisher: John Wiley & Sons

ISBN: 1118318544

Category: Business & Economics

Page: 248

View: 5937

Posted in Business & Economics

Hedge Fund Masters

How Top Hedge Fund Traders Set Goals, Overcome Barriers, and Achieve Peak Performance

Author: Ari Kiev

Publisher: John Wiley & Sons

ISBN: 9781118046166

Category: Business & Economics

Page: 288

View: 5571

Discover the psychological strategies that hedge fund traders use to maximize their success in Hedge Fund Masters. Author Ari Kiev interviewed over 80 hedge fund traders, including some of the most successful hedge fund operators in the world, to illustrate the principles of success. Filled with in-depth insights and practical advice, the book explores the pressures felt by professional hedge fund traders as they manage enormous sums of their clients' money and shows you how to maintain emotional balance, focus on targets and goals, overcome deep-seated psychological obstacles, and trade with consistency and discipline.
Posted in Business & Economics

The Daily Trading Coach

101 Lessons for Becoming Your Own Trading Psychologist

Author: Brett N. Steenbarger

Publisher: John Wiley & Sons

ISBN: 9780470456675

Category: Business & Economics

Page: 368

View: 5490

Praise for The Daily Trading Coach "A great book! Simply written, motivational with unique content that leads any trader, novice or experienced, along the path of self-coaching. This is by far Dr. Steenbarger's best book and a must-have addition to any trader's bookshelf. I'll certainly be recommending it to all my friends." —Ray BarrosCEO, Ray Barros Trading Group "Dr. Steenbarger has been helping traders help themselves for many years. Simply put, this book is a must-read for anyone who desires to achieve great success in the market." —Charles E. KirkThe Kirk Report "'Dr. Brett', as he is affectionately known by his blog readers, has assembled a practical guide to self coaching in this excellent book. The strategies he outlines are further enhanced with numerous resources and exercises for the reader to refer to and keep the principles fresh. I enthusiastically encourage anyone interested in bettering their trading and investing to read this book and keep it on their desk as a constant source of learning." —Brian Shannon, www.alphatrends.netauthor of Technical Analysis Using Multiple Timeframes "Dr. Brett has distilled his years of experience, as both a trader and a psychologist/coach, into the 101 practical lessons found in The Daily Trading Coach. Those lessons provide effective strategies for coping with the stumbling blocks that traders often face. This book should be a cornerstone of any serious trader's library." —Michael Seneadzaequities trader and blogger at TraderMike.net
Posted in Business & Economics

Trade Mindfully

Achieve Your Optimum Trading Performance with Mindfulness and Cutting Edge Psychology

Author: Gary Dayton

Publisher: John Wiley & Sons

ISBN: 1118991036

Category: Business & Economics

Page: 312

View: 3591

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.
Posted in Business & Economics

The Complete Trading Course

Price Patterns, Strategies, Setups, and Execution Tactics

Author: Corey Rosenbloom

Publisher: John Wiley & Sons

ISBN: 9780470947296

Category: Business & Economics

Page: 336

View: 4986

A practical guide covering everything the serious trader needs to know While a variety of approaches can be used to analyze financial market behavior and identify potential trading/investing opportunities, no approach is completely accurate. The challenge for traders is to find a method that they feel comfortable with and are able to implement consistently, through the normal ups and downs of trading. The Trading Course provides you with a detailed description of the methods used to analyze markets, spot profitable trading opportunities, and properly execute trades. Page by page, this book references different trading methodologies, but focuses specifically on applying them when attempting to identify good trades. Discusses the principles of price behavior, trends, trade set ups, trade execution, and intermarket relationships Details different trading tools and techniques, including Japanese Candlesticks, Elliott Wave, Dow Theory, momentum indicators, and much more If you want to become a successful trader, you have to be prepared. This book will show you what it takes to make it in this field and how you can excel without getting overwhelmed.
Posted in Business & Economics

Trading Rules that Work

The 28 Essential Lessons Every Trader Must Master

Author: Jason Alan Jankovsky

Publisher: John Wiley & Sons

ISBN: 1118046447

Category: Business & Economics

Page: 208

View: 854

Trading Rules that Work introduces you to twenty-eight essential rules that can be shaped to fit any trading approach—whether you’re dealing in stocks, commodities, or currencies. Engaging and informative, Trading Rules that Work outlines the deeper psychology behind each of these accepted trading rules and provides you with a better understanding of how to make those rules work for you.
Posted in Business & Economics

Financial Risk Taking

An Introduction to the Psychology of Trading and Behavioural Finance

Author: Mike Elvin

Publisher: John Wiley & Sons

ISBN: 0470020725

Category: Business & Economics

Page: 294

View: 7805

In Financial Risk Taking, trader and psychologist Mike Elvin explores the complex relationship between human behaviour patterns and the markets, offering the reader a context in which to assess their own strengths and weaknesses as investors. The book offers an apposite and uncomplicated system of skills development in the form of competences and competencies that can be applied anywhere along the continuum from casual investor to full-time day trader. Elvin presents a Comprehensive Model of Trading Competence (the MOT) as well as the concepts of analysis and refutation, the paramouncy principle, and self-sabotaging behaviours such as the Santa Claus syndrome and Bohica effect. Areas covered include: Emotions - are they functional or disabling? How do the mechanisms of fear, greed and panic work? Motivation and perception - how do belief paradigms affect perception and performance? What perceptual errors influence decisions to the trader's detriment? Information processing and risk assessment - how does information overload affect Stress How does stress affect investment decisions? Technological and mathematical anxiety - why do we avoid learning the skills we most need? What levels of ability are required? Can psychological and biological theories assist in our understanding of investors' performance?
Posted in Business & Economics

Trading to Win

The Psychology of Mastering the Markets

Author: Ari Kiev

Publisher: John Wiley & Sons

ISBN: 9780471248422

Category: Business & Economics

Page: 257

View: 4620

Even the best trading system can prove disastrous if the trader doesn't have the ability to stick to their strategy. Featuring real-life case studies, The Psychology of Trading presents a step-by-step, goal-oriented approach to trading that emphasizes ways to keep emotions in check, overcome self-doubt, and focus clearly on a winning strategy.
Posted in Business & Economics

Trading on Sentiment

The Power of Minds Over Markets

Author: Richard L. Peterson

Publisher: John Wiley & Sons

ISBN: 1119163749

Category: Business & Economics

Page: 368

View: 1832

In his debut book on trading psychology, Inside the Investor’s Brain, Rich­ard Peterson demonstrated how managing emotions helps top investors outperform. Now, in Trading on Sentiment, he takes you inside the science of crowd psychol­ogy and demonstrates that not only do price patterns exist, but the most predictable ones are rooted in our shared human nature. Peterson’s team developed text analysis engines to mine data - topics, beliefs, and emotions - from social media. Based on that data, they put together a market-neutral social media-based hedge fund that beat the S&P 500 by more than twenty-four percent—through the 2008 financial crisis. In this groundbreaking guide, he shows you how they did it and why it worked. Applying algorithms to so­cial media data opened up an unprecedented world of insight into the elusive patterns of investor sentiment driving repeating market moves. Inside, you gain a privi­leged look at the media content that moves investors, along with time-tested techniques to make the smart moves—even when it doesn’t feel right. This book digs underneath technicals and fundamentals to explain the primary mover of market prices - the global information flow and how investors react to it. It provides the expert guidance you need to develop a competitive edge, manage risk, and overcome our sometimes-flawed human nature. Learn how traders are using sentiment analysis and statistical tools to extract value from media data in order to: Foresee important price moves using an understanding of how investors process news. Make more profitable investment decisions by identifying when prices are trending, when trends are turning, and when sharp market moves are likely to reverse. Use media sentiment to improve value and momentum investing returns. Avoid the pitfalls of unique price patterns found in commodities, currencies, and during speculative bubbles Trading on Sentiment deepens your understanding of markets and supplies you with the tools and techniques to beat global markets— whether they’re going up, down, or sideways.
Posted in Business & Economics

The Essentials of Trading

From the Basics to Building a Winning Strategy

Author: John Forman

Publisher: John Wiley & Sons

ISBN: 0470009780

Category: Business & Economics

Page: 336

View: 4553

Praise for The ESSENTIALS OF TRADING "This is the book I wish I had when I began a training program for new traders. John's familiarity with trading and traders is evident in this text. His incorporation of exercises and use of examples bring topics to life, maintaining the interest of even the most hyperactive traders." —Brett N. Steenbarger, PhD, author of The Psychology of Trading "The Essentials of Trading masterfully teaches the novice how to conceptualize, implement, and manage the important fundamentals that form the building blocks of successful trading. Because the book and its examples have been classroom tested at both the undergraduate and graduate levels, the pace of presentation is ideal for a full or partial classroom exposure to Internet-based trading. The book is highly recommended as a viable academic teaching tool, and equally so for the developing nonstudent practitioner." —Dr. Gordon H. Dash Jr. Associate Professor of Finance, University of Rhode Island "As the founder of a women's entrepreneurial networking organization, one of the most essential messages I relay to our members is the importance of understanding and managing their own personal and professional finances. John Forman's book is one that I highly recommend to all our members, because of its clear explanations and teaching style that will allow any novice to develop a solid understanding of the world of finance and investment trading." —Sherry Thacker, President and Founder, WENS Inc. "The Essentials of Trading is an excellent introductory book on the subject. It not only provides the critical know-how, it also manages to inspire the reader to take their first tentative steps into the trading arena. A joy to read." —Paul Gould, Managing Director, trade2win.com Global Trading Community "While trading has become more challenging, the tools have improved, and John Forman brings an up-to-date, insightful perspective on what is needed for traders of all backgrounds to absorb. With the bar having been raised for all market participants, The Essentials of Trading brings a fresh look, providing successful examples of the implements necessary to build a trading system and have confidence in your own work." —Joel Marver, Chief Technical Analyst, IFR Division, Thomson Financial
Posted in Business & Economics

Trader Vic--Methods of a Wall Street Master

Author: Victor Sperandeo,T. Sullivan Brown

Publisher: John Wiley & Sons

ISBN: 9780471304975

Category: Business & Economics

Page: 304

View: 9723

Covers various approaches for success in the stock market, and provides information on technical analysis, odds and probability, economics, and the Dow Theory
Posted in Business & Economics