Become a savvy trader with a ‘mindful’ edge…
Trader Mind is an essential resource for understanding and applying
mindfulness-based approaches that help to enhance an individual
trader’s overall performance. Based upon extensive research and
practical application in the real world of the trading floor,
Trader Mind includes methods, tactics and techniques to build and
enhance awareness and insight, which help manage thoughts and
emotions and maximize trading performance.
The author demonstrates how to overcome habitual or impulsive
trading behaviours, manage energy levels, become more attuned to
and responsive to the market, more situationally aware and build
patterns of effective trading behaviour. By developing these skills
and good behaviours, traders can overcome inherent biases and,
ultimately, improve their trading decisions.
The techniques outlined in Trader Mind can be utilized as core
competencies of trading psychology or can be used to complement
other behavioural methods and strategies. The Trader Mind tool-set
does not replace the need for basic trading skills, knowledge,
strategy, or key performance enablers such as preparation and
performance analysis. Rather, Trader Mind is designed to act as a
facilitator or multiplier to enhance trader decision-making and
improve overall performance. ‘A thoughtful read with ‘bang-for-the
buck’ practical strategies for time pressed traders.’ – Linda
Raschke, President at LBRGroup, Inc., CTA
Also includes the Trader Mind 8 Week Training Program.
Cuprins
About the Author ix
Foreword by Linda Raschke xi
Acknowledgements xiii
Introduction: The Evolution of Trader Mind xv
1 What is Mindfulness? 1
2 Developing Your Mindfulness Muscle 23
3 The Attention and Awareness Advantage 43
4 Thinking About Thinking 59
5 Embracing Emotions 83
6 Managing Urges and Impulses 105
7 Trading With the Body in Mind 119
8 Habits, Behaviour, Action 141
9 Turning Towards Difficulty 161
10 The Mindful Trader and Investor 185
Trader Mind: Mindfulness-Based Trading and Investing Training Programme 191
References 199
Index 209
Despre autor
Steve Ward works with financial traders, trading teams
and leaders in proprietary trading groups, energy companies, banks
and funds across the world, utilising his expertise in the areas of
performance, psychology, lifestyle management and making decisions
under conditions of high stress, risk and uncertainty. He is the
author of High Performance Trading and Sportsbetting To
Win, and was the consultant trading performance coach to BBC
television’s Million Dollar Traders series.