getAbstract Summary: Get the key points from this book in less than 10 minutes.

This is a handy, engaging guide to the psychology of trading. Author, psychologist and trader Brett N. Steenbarger identifies the cognitive and emotional risks that doom so many traders, and offers very specific guidance on techniques and practices for managing those risks. He focuses on teaching traders to observe their emotional and psychological patterns, to correlate their patterns with their trading success and failure, and then to take appropriate action. That's probably plenty for you to work with, though traders caught in the worst self-destructive patterns may need more than a book to break their bad habits. getAbstract.com recommends this well-written, entertaining guide, which will be very useful to anyone who takes trading seriously. Steenbarger draws on psychological research and his practice as a therapist to tell traders what self-knowledge they need, how to get it and how to use it.

Book Publisher:

Wiley