The Little Book of Trading Performance: Real-Life Exercises for Peak Trading Results

by Mark Douglas, Paula T. Webb

Mark Douglas and Paula T. Webb, the GURUs of Trading psychology, the field they co-created in the late 1980s before the investment world had even heard of the term - have put together this workbook for traders who want to get a handle on their trading challenges. Find out what makes you tick and why. Understand that until you know what you think, and why you react to certain market data, you will lose year in and year out. This workbook is a primer for traders not familiar with why their results are not what they desire. Several of their other best-selling books, such as "Trading in the Zone" and "Becoming the Disciplined Trader" are now translated into nine languages and are industry classics. In this book through real-life examples, the trader will learn that understanding yourself first is key in your developing a winner's mindset as a trader. Andrew E. Cardwell, Jr. has been a part of the trading community for decades, teaching his "RSI Edge. " Andrew started his work with the Relative Strength Index (RSI) in May of 1978, and although he has researched other technical indicators and studies, he has stated that he has not found anything that yet that can compare to what, or as much as the RSI offers. Most traders who use the RSI look to it to spot Bullish and Bearish Divergence between price and momentum. Andrew has shown that his "Range Rules" are much more valuable in identifying the trend through the "shift" in the range. Divergences are merely just an over-extension of the current move and actually a detour from the primary trend. His students have been using his courses to trade all different markets and in all time frames, and he has students in 28 countries around the world. His courses are used by new traders, seasoned traders, money managers and even senior technical analysts of major brokerage firms.

188 pages, Kindle Edition

Published May 26, 2020