《psychology and discipline of trading》.pdfVIP

THE PSYCHOLOGY AND DISCIPLINE OF TRADING “Or, how to tame that thing they call a brain” Why are you still losing money when you have the perfect system and money management? The problem could be...yourself. 1 Barry Rudd © 2009 Barry Rudd THE PSYCHOLOGY AND DISCIPLINE OF TRADING Hello, and welcome to Hell! At least that’s how most folks feel about literature that smacks of mumbo jumbo, get in touch with your trading-self psycho babble. I don’t blame them. I have a psychology degree and still recoil at most books aimed at my inner trading child and co-dependent trading strategies. I don’t want to fill out forms about my goals, fears, likes, dislikes and why I want to trade. Don’t get me wrong. I believe these are noble and valuable endeavors, but let’s get serious. We want to trade don’t we? If perusing the skeletons in the closet of my mind soaks up more than a few minutes of my time, then my attention span quickly shrinks to that of a gnat. Is this type of analysis important? Definitely. Will I or you actually expend the time and effort engaged in a full scale mental trading check up? Not likely. So why did I write a manual about the psychology and discipline of trading? BECAUSE, IT IS THE SINGLE MOST IMPORTANT FACTOR TO YOUR SUCCESS AS A TRADER! I’ve crafted the information in bite-sized chunks so that you will actually read it. Chew on each topic as you decide how it relates to you, your trading ideas and activities. This is not your typical trading psychology manual. I’ll wager that you will easily find yourself 2 described on several of the pages that follow.