Best book to rewire me to follow my trading plan

Discussion in 'Psychology' started by Newc2, Mar 29, 2017.

  1. speedo

    speedo

    I can recommend "Paradigm Shift" by Yvan Byeajee, there should be reviews on Amazon.
     
    #11     Mar 29, 2017
    volpri likes this.
  2. zdreg

    zdreg

    reread till you absorbed its lessons.
     
    #12     Mar 29, 2017
  3. %%
    Good read;
    Jack Schwager top trading books + plenty of weekly charts can be a big help.
     
    #13     Mar 29, 2017
    comagnum likes this.
  4. dealmaker

    dealmaker

    I don't think reading just a book will do it but "Trading In The Zone" - Mark Douglas
     
    #14     Mar 29, 2017
    comagnum and damnpenguins like this.
  5. tommcginnis

    tommcginnis

    Alexander Eldar's Trading For A Living -- soup-to-nuts basics.
     
    #15     Mar 29, 2017
  6. speedo

    speedo

    ...and a real shrink to boot.
     
    #16     Mar 29, 2017
    murray t turtle likes this.
  7. Jamie J.

    Jamie J.

    First of all, you need a bit of discipline. Add one more item to your plan, "Don't ignore the plan, otherwise, all losses will be yours." Before to break your rules, read this point again.
     
    #17     Mar 29, 2017
    murray t turtle likes this.
  8. eganon69

    eganon69

    Try reading "SuperTrader" by Van Tharpe. It actually opened up my eyes on several things and has forever changed me for the better.
     
    Last edited: Mar 29, 2017
    #18     Mar 29, 2017
  9. neke

    neke

    There you go! If there is too much subjectivity involved, its hard to know when you are breaking the rules until after the fact. To build confidence in following a system, you've got to prove that by following it - day after day after day, over a long period - 6 months or 1 year, you will make the kind of money you are looking for from engaging in the market. Without very objective rules (programmable or almost mechanical) its hard to track performance and build the needed confidence. And of course if you have objective rules and after sticking with them, you have nothing to show after several months, it will be hard to remain disciplined! You have an expectation of profit when coming into this, and only that will justify discipline to a strategy/set of strategies.
     
    #19     Mar 29, 2017
    algofy likes this.
  10. Get laid o_O ;) -- it will change you in more ways than one. -- or go sky diving. or buy a motorcycle. or anything drastic like that,
     
    #20     Mar 29, 2017