Most traders lose because of their own ego. Overconfidence, impulsive decisions, and stubbornness become the key factors behind failures in the market. So how do you transform your mindset to start making money? Brett Steenbarger—who was the first to combine behavioral therapy and trading—offers his methods. His experience is in demand by organizations such as the Chicago Mercantile Exchange and other major companies to improve employee effectiveness. In his book, he analyzes common thinking errors and offers psychological tools that will help you think and act like a successful trader. In "The Psychology of Trading," you’ll find:
– How to use incubation and connect your subconscious to your work;
– Why changing strategy is a necessity, not a sign of lack of discipline;
– How knowledge from solfeggio and your other abilities can help in trading;
– And how meditation and yoga can be useful for a trader.
Change your approach to thinking—and the market will start working for you.