Every trader is an entrepreneur. And just as a new business must capitalize upon the strengths of its founders, a career in the markets crucially hinges upon the assets - personal and monetary - of the trader. As an active trader and a coach of traders in hedge funds, proprietary trading groups, and investment bank settings, author Brett Steenbarger has helped others see the personal assets they have possessed all along: those that can pay a lifetime of dividends.
In The Daily Trading Coach, Steenbarger provides the tools to help you prioritize both your trading goals and your life - and become your own trading psychologist.
There are 101 lessons in The Daily Trading Coach, each averaging several minutes in length. Each lesson follows the same general format: identifying an everyday challenge that traders face, an approach to meeting that challenge, and a specific suggestion for implementing that approach. The lessons cover a range of topics relevant to trading psychology and trading performance, including detailed instruction for utilizing psychodynamic, cognitive, and behavioral brief therapy methods to change problematic behavior patterns and instill new, positive ones. In addition, the book includes insightful self-coaching perspectives from 18 successful trading professionals who share their work online.
While the aim of the book is to help you become your own trading coach, its broader purpose is to help you coach yourself through life. The challenges and uncertainties you face in trading - the pursuit of rewards in the face of risks - are just as present in careers and relationships as in markets. The Daily Trading Coach provides a road map, and a practical set of insights and tools, for discovering and implementing the best within you.
©2009 Brett N. Steenbarger (P)2012 Audible, Inc.
This book is perfect to be placed in audiobook format because there are no real charts, tables, or figures to look at it. I personally hate reading and only do so when necessary. I'm thankful I found this book here. I found it via Investimonials - they provided great reviews of this book if you would like further information/reviews...and I guess there are the numerous www.amazon.com reviews...
It helped me a lot to assess my psychological trading mistakes. I think every trader should at least skim over this book. They will find a mistake they are committing. I've learned a lot about myself while reading this book like my fear or rejection or making mistakes - this makes me stay in positions longer than I should. There are a lot of great trading tips.
Definitely does not apply to a trading book...
...It's a trading book...
A book you should listen to at least a few times a year to keep you on the right track.
This book is full of psychological tips and tricks that are very helpful for high frequency traders.
"a must have for all traders"
if you want to trade better you must read and apply this. it's paradigm shifting material
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