Jump quickly to results on these stores:
- How to determine whether a bad trade was the result of a mental error, an execution error, or a combination of both;
- Concrete strategies for identifying the damaging thoughts that serve as a prelude to losses;
- Why isolating and addressing your ingrained mental habits can save you—and potentially even make you—more money on every trade;
- And much more.
What you’ll learn
- Whether or not you are mentally cut out for the intensity of the day trading game
- The factors that promote day trading success—as well as those that ensure failure
- How to differentiate between the three broad categories of day trading mistakes, including errors of omission, errors of commission, and errors of ignorance
- The five "dirty" words that foreshadow losses
- Strategies for understanding what really motivates your trading behavior
- Why starting and maintaining a trading journal should be the single most important entry on your to-do list
Who this book is for
Lessons from a Power Day Trader is for active investors and traders of all levels, from those just starting out to those whose successes have enabled them to quit their day jobs and solely focus on their trading activities. Designed for traders who have difficulty managing their emotions from entry to exit yet perfectly suited for those who are interested in sharpening their psychological edge over the competition, this book will appeal to fans of Mark Douglas (Trading in the Zone), Alexander Elder (Trading for a Living), and Peter Brandt (Diary of a Professional Commodity Trader).
About: Advertisements in trading magazines and the broadcast media relentlessly pander to the dreams of day traders, suggesting that successful trading is simply a matter of using the right computer, the right software, the right broker, the right trading plan, or the right advisor.
Pricing is shown for items sent to or within the U.S., excluding shipping and tax. Please consult the store to determine exact fees. No warranties are made express or implied about the accuracy, timeliness, merit, or value of the information provided. Information subject to change without notice. isbn.nu is not a bookseller, just an information source.