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Trading Psychology : The Bible for Traders by Anirudh Sethi (2017, Trade Paperback)

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US $21.07

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Format: Paperback or Softback. Condition Guide. Your source for quality books at reduced prices. Publication Date: 11/21/2017. Item Availability.

About this product

Product Identifiers

PublisherNotion Press, Inc.

ISBN-101948230801

ISBN-139781948230803

eBay Product ID (ePID)243121923

Product Key Features

Book TitleTrading Psychology : the Bibles for Traders

LanguageEnglish

Publication Year2017

TopicOrganizational Development

IllustratorYes

GenreBusiness & Economics

AuthorAnirudh Sethi

FormatTrade Paperback

Dimensions

Item Height0.9 in

Item Weight19.9 Oz

Item Length9 in

Item Width6 in

Additional Product Features

Intended AudienceTrade

SynopsisThe emotions and mental states that dictate success or failure in Stock /Commodity and Forex Markets. Trading psychology refers to the aspects of an individual's mental makeup that help determine whether he or she will be successful in buying and selling securities for a profit. Trading psychology is as important as other attributes such as knowledge, experience and skill in determining trading success. Discipline and risk-taking are two of the most critical aspects of trading psychology, since a trader's implementation of these aspects is critical to the success of his or her trading plan. While fear and greed are the two most commonly known emotions associated with trading psychology, other emotions that drive trading behaviour are hope and regret.In this book on trading psychology, you will learn:- The importance of controlling your emotions when making trading decisions- How to master self-discipline and stick to a trading plan- How to learn from mistakes so you do not repeat them- How to refine your skills through simulated paper trading without risking money- How to have a confident mindset while maintaining a flexible and open mind when tradingThe best traders are always looking for an edge. Sometimes, the largest obstacle between you and trading successfully is yourself. Success can be more about your mindset and less about the markets. From managing and evaluating your own performance to setting rules and sticking to them, these titles will help you create and stick to a trading plan, manage stress, address risk, and not be derailed by emotions or preconceptions.