Today is Tuesday, April 22nd, 2014

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Book Review: The Daily Trading Coach – by Brett Steenbarger

feature photo Dr Brett does it again! What a fantastic book! I’ve sometimes felt that Brett Steenbarger can be a bit of an elitist with his focus on high performing proprietary traders, but I’m totally willing to eat humble pie on that one! Here’s a book that is going to be of indisputable value to the little guy, a helping hand for everyone who’s struggling for or to maintain consistent trading success. This book is like a humanitarian hand-out, the answer to the prayers of thousands of traders who consciously or otherwise have been crying out for help with the mental and emotional rigors of trading development. Brett has applied his vast knowledge of coaching, psychology and trading to deliver 101 practical daily lessons, each one packed full of valuable insight. This isn’t a theoretical book, its a hands on bible for getting your mental game on, and it kicks into high gear right from the first lesson. The opening exercise guides you through a pre-market goal setting exercise that puts you exactly in the right frame of mind to act with confidence, and work on achieving the change in your trading that you are looking for. I wrestled for so many years trying to understand why I would apparently lose my mind in the middle of the trading day and make stupid mistakes — mistakes that I’d made again and again and couldn’t seem to kick. It wasn’t until I read what Dr Brett explains in his book the Psychology of Trading that it began to make sense:
People lose money in the markets because the person who places the trade very often is not the same person who manages and closes the trade. Quite literally another self has taken over–another mind. Brett Steenbarger
The Daily Trading Coach is a powerful resource for traders to develop the mental habits that lead to high performance trading. Throughout the lessons Brett guides you with compassion and understanding to develop what Brett calls ‘planfullness’ — the habits that allow you to continually stay or shift back into an optimal mindset. The Daily Trading Coach also includes insights from other traders like Corey Rosenbloom, Michael Seneadza, Brian Shannon and Charles Kirk. Hats off to Brett Steenbarger –and an advanced thank you to him from the millions of traders to come that will find this resource waiting for them. <
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There Is 1 Response So Far. »

  1. Sounds very interesting!

    Linus Polbring

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