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OverviewOvercome 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. Full Product DetailsAuthor: Gary DaytonPublisher: John Wiley & Sons Inc Imprint: John Wiley & Sons Inc Dimensions: Width: 18.30cm , Height: 1.80cm , Length: 22.90cm Weight: 0.590kg ISBN: 9781118445617ISBN 10: 1118445619 Pages: 320 Publication Date: 23 January 2015 Audience: Professional and scholarly , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: Manufactured on demand ![]() We will order this item for you from a manufactured on demand supplier. Table of ContentsAcknowledgments ix About the Author xi Introduction 1 PART I UNDERSTANDING YOUR MIND 7 CHAPTER 1 Traders’ Mental Blind Spots 9 CHAPTER 2 Strong Emotions in Trading 35 CHAPTER 3 The Struggle to Control and Eliminate Emotions 59 CHAPTER 4 The Necessity of Emotions in Trading 79 PART II USING CUTTING-EDGE PSYCHOLOGY 95 CHAPTER 5 The Traders’ Psychological Edge Lies in a Different Kind of Thinking 97 CHAPTER 6 Practice Mindfulness, Trade Mindfully 121 CHAPTER 7 Defusion: An Advanced Mindfulness Skill 145 CHAPTER 8 Acceptance and Committed Trading 171 PART III MAXIMIZING YOUR TRADING PERFORMANCE 203 CHAPTER 9 The Trading Psychology Process: High-Quality Preparation 205 CHAPTER 10 The Trading Psychology Process: Eff ective Execution 231 CHAPTER 11 The Trading Psychology Process: Constructive Self-Assessment 251 CHAPTER 12 Final Thoughts 273 References 277 Index 285ReviewsAuthor InformationGARY DAYTON, Psy.D., is a psychologist, trader, and president of Peak Psychology, Inc., a consulting firm that specializes in developing peak performance in traders. Tab Content 6Author Website:Countries AvailableAll regions |