Trading can be intensely rewarding. But it is also one of the most mentally and emotionally challenging activities anyone can pursue. As in other high-performance domains, those who are serious about mastering their craft and staying in the game spend serious time working on their game, including training their mind and body. Steve Ward has spent the last 15 years working as a performance coach with financial traders and investors at some of the biggest and most successful investment banks, hedge funds, asset managers, commodities trading houses and proprietary trading groups across the globe, helping them to perform at their best, to navigate the highs and lows of trading and investing in the markets, and to sustain high performance for the long run. As one hedge fund client put it to him, “It’s about becoming bulletproof”. Becoming a bulletproof trader is forged over time through experience, and by applying the latest insights from biological and psychological sciences, the best that practical philosophy can teach us, and a healthy dose of pragmatism – doing what actually works in the real world of trading the markets. This book brings together all of Steve’s latest insights into how to deal with stresses and setbacks and sustain high performance in a comprehensive, accessible and unmissable book, so that you too can become a bulletproof trader. Don’t trade without it.
Great book for anyone who ventures out of their comfort zone. It's written for traders, but easily translates to other activities. It describes how to get comfortable with the uncomfortable and how to manage stress in a sustainable way.
I approach each trading book with the optimism that every author has at least one thing to teach me about trading. Steve Ward made that particular hope very difficult to maintain, but he certainly did show me that all it takes to write a book on trading is to smash together a load of generic quotes on stoicism and performance psychology, with vague aphorisms about "good trading" serving as the glue.
Maybe I had misaligned expectations going into reading this book, but this is essentially a book on psychology. There is absolutely nothing about technical trading, indicators, support/resistance, etc.