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Trade Mindfully

Achieve Your Optimum Trading Performance with Mindfulness and Cutting-Edge Psychology
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Trade Mindfully explores the psychological challenges faced by traders and presents evidence-based techniques to overcome them. The book emphasises mindfulness as a way to reduce stress and enhance focus in volatile trading environments. It introduces the concept of High Value Trading Actions (HVAs), practical behaviours within a trader’s control to improve outcomes. By integrating behavioural psychology with trading strategies and money management, Gary Dayton provides a unique approach to developing mental skills essential for peak trading performance.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book is ideal for professional traders and investors seeking to improve their mental discipline and emotional resilience. It suits readers interested in the intersection of psychology and finance, particularly those who want to enhance their focus, confidence, and trading effectiveness in challenging markets.

Book Hero thinking about your next read

Overcome psychological obstacles to increase trading success Successful traders need to be well-versed and skilled in a wide range of business and economic areas.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Overcome psychological obstacles to increase trading success

Successful traders need to be well-versed and skilled in a wide range of business and economic areas. But now, in addition to effective trading strategies and sound money management techniques, traders need to possess the know-how to handle the mental and emotional challenges of working in a highly volatile environment. Trade Mindfully is a unique resource that applies cutting-edge psychological techniques to trading skills, allowing readers to improve their mental outlooks and maximise the potential of their trading strategies. This book draws upon recent psychological research in behaviourism to teach new approaches that call for better focus, more confidence, and more positive perspectives and outcomes.

One of the key concepts covered in the book is mindfulness, a state of mind traditionally touted in the East for its ability to reduce stress and increase perspective, useful qualities for traders looking to rise above emotional obstacles and the poor results they cause. The author also discusses the importance of High Value Trading Actions (HVAs), specific actions that are under a trader's control. With this guide, trading professionals will be able to form solid strategies based on a combination of these notions and practices, leading to higher levels of trading performance.

  • Applies sound psychological practice and evidence-based research to the trading profession
  • Covers the psychological perspectives and mental skills needed to succeed in today's trading world
  • Focuses on key concepts that lead to deliberate practice, specific trading activities, and increased awareness and focus
  • Designed to help traders deal with the emotional challenges that come with uncertainty and risk

Trade Mindfully touches on the most essential concepts for anyone intrigued by what trading psychology has to offer, and delivers the best strategies for achieving the right mental skills for peak performance.

Book Details

INFORMATION

ISBN: 9781118445617

Publisher: John Wiley & Sons Inc

Format: Paperback / softback

Date Published: 23 January 2015

Country: United States

Imprint: John Wiley & Sons Inc

Audience: Professional and scholarly

DIMENSIONS

Spine width: 20.0mm

Width: 183.0mm

Height: 229.0mm

Weight: 522g

Pages: 320

About the Author

GARY DAYTON, Psy.D., is a psychologist, trader, andpresident of Peak Psychology, Inc., a consulting firm thatspecializes in developing peak performance in traders.

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