Every trader is an entrepreneur. And just as a new business must capitalize upon the strengths of its founders, a career in the markets crucially hinges upon the assetspersonal and monetaryof the trader. As an active trader and a coach of traders in hedge funds, proprietary trading groups, and investment bank settings, author Brett Steenbarger has helped others see the personal assets they have possessed all along: those that can pay a lifetime of dividends. In The Daily Trading Coach, he provides the tools to help you prioritize both your trading goals and your lifeand become your own trading psychologist.
There are 101 lessons in The Daily Trading Coach, each averaging several pages in length. Each lesson follows the same general format: identifying an everyday challenge that traders face, an approach to meeting that challenge, and a specific suggestion for implementing that approach. The lessons cover a range of topics relevant to trading psychology and trading performance, including detailed instruction for utilizing psychodynamic, cognitive, and behavioral brief therapy methods to change problematic behavior patterns and instill new, positive ones. The chapters are independent of one another, so that you can read them in order or you can use the Table of Contents or Index to read, each day, the lesson that most applies to your current trading. In addition, the book includes insightful self-coaching perspectives from eighteen successful trading professionals who share their work online.
While the aim of the book is to help you become your own trading coach, its broader purpose is to help you coach yourself through life. The challenges and uncertainties you face in tradingthe pursuit of rewards in the face of risksare just as present in careers and relationships as in markets. The Daily Trading Coach provides a road map, and a practical set of insights and tools, for discovering and implementing the best within you.
Brett N. Steenbarger, PhD, is Associate Professor of Psychiatry and Behavioral Sciences at SUNY Upstate Medical University in Syracuse, New York. An active trader and author of the popular TraderFeed blog, Steenbarger coaches traders in hedge funds, proprietary trading groups, and investment bank settings. He is also the author of the Wiley titles Enhancing Trader Performance and The Psychology of Trading. Steenbarger received a BS from Duke University and a PhD in clinical psychology from the University of Kansas.
The developing trader must find the best teacher.
Like his previous books, The Daily Trading Coach provides little jewels to improve your viewpoint from amateur trader to professional trader.
I believe it will also make one a better person, as it really makes you get into your own mind, be your own shrink.
This book is hands down the best trading book I've read. The psychology lessons in this book have affected other areas in my life--not just in trading--in an amazingly positive... Read morePublished 1 month ago by J. Smith
This is such a great book. It's touches many things related to trading and life. I've learned so many things that can be applied to many different things that I do. Read morePublished 4 months ago by Rafael Rosa
ugh! this trading book sucks it doesn't even make sense i can't belive i wasted twenty-six dollars on this stupid book!Published 7 months ago by Amazon Customer
If you appreciate that you trade your psychology then you'll like this book. Much of what is written is available in the book "Enhancing Trader Performance". Read morePublished 7 months ago by C. Norleen
Great examples of the struggles and the solutions to those struggles that all traders go through. Great step by step actions traders can take to minimize mistakes and improve... Read morePublished 9 months ago by DW
Another book from Steenbarger that will not disappoint.
Brett Steenbarger have already accustomed us with brilliant insights about trader psychology and this book... Read more
Encapsulates and presents content from the Psychology of Trading in a more accessible format. I bought this book thinking that it would expand on the concepts from The Psychology... Read morePublished 21 months ago by Varun
This book is useful for me in an unexpected way. I find the book helps me to heal old wounds, not just trading ones but those related to other aspects of my life. Read morePublished on June 2, 2012 by Ka L Choi
This is easily one of the best books on trading psychology and developing yourself as a trader. It really gives off a unique perspective, benefits way beyond the typical book of... Read morePublished on April 18, 2012 by 1husky