Psychology Book for Traders

Quote from jaygould:

Yes it was a good read, I just noticed it started with Chapter 6.
Working through psychological quirks is the last issue I have with trading.
My problem is patience.
I have a good system with positive expectancy.
If I could just get myself to wait for entries, I would do 20% a month consistently.
But I can't, and just throw my money away, then revenge trade and dig the hole deeper.
Eventually I come to my senses, go back to my system and make the money back eventually.
But start the cycle again and never get ahead.
I wish I could figure out why I do this.
More...
psychology 101,take can't out of your vocabulary, see no problems,only solutions
 
Quote from J.Joseph:

Here's a few chapters pulled out of an unpublished e-book that I have found helpful. Just wanted to make it available to other traders.
Also, would love to start some discussion about it. 17 short pages, very transparent and a well written, fun read.
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from the pdf "In general, independent traders trade alone. There is no group of 7 other peop
le sitting around a table
saying what they think the price will do next and waiting to ridicule anyone who disagrees."

when traders do not trade alone:
https://www.youtube.com/watch?v=4ZaHJ4z3JP0
:D
 
Appreciate the help, it reads well after checking out few pages. Who is going to publish the book? I like good meaty books with great info and low self-glorification. Victor Neidhoffer's two books are interesting, the first book "The Education Of A Speculator" was full of himself, his second book was the equivalent of "Tuesday's With Morrey" without making the reader feel the author's purpose!



Let us know when the book goes paper, thank's again Barry!
 
Quote from Pipflow:

Trading results are largely dependent upon the traders psychology which is already proven now.
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They are certainly dependent, but "largely" may not be correct universally. And nothing is proven in this business.
 
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