The Essence of Trading Psychology In One Skill

by Yvan Byeajee

Do you: *Freeze right when you're supposed to take a signal? *Consistently risk more than you should on your trades? *Prematurely exit good trades and hang on to bad ones? *Beat yourself up after a losing trade? *Compare your results to others? As any real trader who trades for a living will attest, these are recurring behaviors that can be difficult to eradicate. And the reason is rather simple: the pressure -- to perform, to sustain a living, to pay the bills -- engineers anxiety, stress, and other limiting states of the mind which precisely affects behavior, and makes trading consistently a battle that is difficult to win. For a very long time, I have struggled with those too, but the more I learned about myself, the more I realized that all these problems have the same origin at their core -- and they're solvable! I am incredibly excited to put this book into your hands! I have been trading for a living since 2006 and I went through multiple failures in the markets. I will show you how I am now able to sustain consistency in my behavior and my results -- it's not as hard as you may think! The essence of trading psychology in one skill is a concise and practical guide to change, and at its core is one simple concept which you can start to apply right away.

Genres: Psychology

118 pages, Paperback

Published March 24, 2016

Reviews

[Tim · Rating 4 out of 5]

Very Good

The market can’t be predicted to any large degree of certainty. How to be successful at day trading requires a mindset that can accept losing sometimes, that can stay focused on the course even though the mind wants to pull us away from staying that course. This book does a good job of laying out what is needed mentally for day trading.

[Mohammed Mohaideen · Rating 5 out of 5]

In this book the author covers the major pitfall the traders fall into - their thoughts. And how to acknowledge and overcome this over time to be at the present and get better at trading. A good quick read !

[Keith Overman · Rating 5 out of 5]

A hidden gem that all traders should consider

This book illustrates how meditation will change your brain to allow you to become a much better trader. The book is well written, has some very interesting stories that show how the author’s life was transformed through meditation.

[Tony WANG · Rating 3 out of 5]

In a nutshell, self-awareness and mindfulness. That’s about it. Imperative to know. Nothing novel. 3.5/5 rounding down.

[Abbwjeje · Rating 5 out of 5]

Woowjsbw sent me a free copy guys

[Elise · Rating 5 out of 5]

years worth of trading wisdom

Thank you so much for this masterpiece. It’s highly practical and gives me so much peace when going into the markets

[Jacqui Schischka · Rating 5 out of 5]

A good way for me to ascertain whether a book has lots of great information is whether I have highlighted it a lot! For this book, I did find myself highlighting lots of interesting passages. It is similar to Yvan's past work in that it is trading psychology related and espouses meditation and mindfulness but it went a little deeper for me into how to distance yourself from your thoughts and failure mindset to a much more enlightened one. I really enjoyed it and will definitely read it again :)

[Living · Rating 5 out of 5]

Love this book