will just make this one post for today
Trading Psychology
Mind Power
Thought Techniques for High Powered Trading
Ruth Barrons Roosevelt
From the back cover of a book that can help untangle a lot of the mental aspects of Trading.
" We all know the elements of successful trading: some kind of edge, sound money management principles, and a disciplined, flexible mind. The subject of trading psychology is perhaps the most neglected part of this master plan. Van Tharp, Mark Douglas, Adrienne Toghraie, and Carl-Gustav Gyllenram all have some interesting and highly educational books (and courses) dealing with this subject. However, I rank (Roosevelt's) as the best book on trading psychology I have come across..... I do not recomend that you read this book. Rather, I recomend that you work your way through it with an open mind. Digest it as you search your soul for those unpleasant truths about your trading, your life, and yourself."
Excerpt from the Epilogue
"You've read the book. It's been quite a journey together. Now what?
As traders and people we retrograde, unless we are in a continuous process of learning and expanding. Grow or die is the aphorism from nature. Unfortunately, we can't just drift along on past developments. We need to be in a state of constant and never ending improvement.
As traders, we're not simply scrubbing a floor or building a wall. Just working harder won't do it. We need to work smarter, and sometimes sit still and wait. It may appear to others that we are not working at all.
You've explored your strengths. How can you utilize them more in your trading? You've assessed your weaknesses. How can you sidestep them or correct them? You've analyzed what works. How can you build on that? You've examined the 80/20 of your efforts and results. How can you concentrate your efforts where they will most pay off?
Fortunately, our adventures last our whole life through. Life changes, the market changes, we change. We want to change for the better and handle whatever changes come our way. We want to stay at (or get to) the top of our game........."
.
.
........ Ruth Barrons Roosevelt
.
.
.
.
.
Trading Psychology
Mind Power
Thought Techniques for High Powered Trading
Ruth Barrons Roosevelt
From the back cover of a book that can help untangle a lot of the mental aspects of Trading.
" We all know the elements of successful trading: some kind of edge, sound money management principles, and a disciplined, flexible mind. The subject of trading psychology is perhaps the most neglected part of this master plan. Van Tharp, Mark Douglas, Adrienne Toghraie, and Carl-Gustav Gyllenram all have some interesting and highly educational books (and courses) dealing with this subject. However, I rank (Roosevelt's) as the best book on trading psychology I have come across..... I do not recomend that you read this book. Rather, I recomend that you work your way through it with an open mind. Digest it as you search your soul for those unpleasant truths about your trading, your life, and yourself."
Excerpt from the Epilogue
"You've read the book. It's been quite a journey together. Now what?
As traders and people we retrograde, unless we are in a continuous process of learning and expanding. Grow or die is the aphorism from nature. Unfortunately, we can't just drift along on past developments. We need to be in a state of constant and never ending improvement.
As traders, we're not simply scrubbing a floor or building a wall. Just working harder won't do it. We need to work smarter, and sometimes sit still and wait. It may appear to others that we are not working at all.
You've explored your strengths. How can you utilize them more in your trading? You've assessed your weaknesses. How can you sidestep them or correct them? You've analyzed what works. How can you build on that? You've examined the 80/20 of your efforts and results. How can you concentrate your efforts where they will most pay off?
Fortunately, our adventures last our whole life through. Life changes, the market changes, we change. We want to change for the better and handle whatever changes come our way. We want to stay at (or get to) the top of our game........."
.
.
........ Ruth Barrons Roosevelt
.
.
.
.
.