Trading to Win : The Psychology of Mastering the Markets

by Kiev, Ari

• ISBN13: 9780471248422
• ISBN10: 0471248428
• Edition: 1st
• Format: Hardcover
• Copyright: 1998-10-06
• Publisher: Wiley

Summary

Even the best trading system can prove disastrous if the trader doesn't have the ability to stick to their strategy. Featuring real-life case studies, The Psychology of Trading presents a step-by-step, goal-oriented approach to trading that emphasizes ways to keep emotions in check, overcome self-doubt, and focus clearly on a winning strategy.

Author Biography

ARI KIEV, M.D., is a trading coach and management consultant to several trading firms in New York. He is the author of numerous books, including the highly acclaimed Transcultural Psychiatry: A Strategy for Daily Living and The Courage to Live. For the past five years he has collaborated with Steve Cohen in developing the trading program described in this book. STEVE COHEN is a leading equities trader who heads SAC Capital Management, LLC. Mr. Cohen has consistently been ranked in the top 20 traders by such leading publications as the Financial Times.

Table of Contents

Introduction	1	(10)
PART ONE Psyching Yourself for a Winning Career	11	(82)
Chapter 1 Becoming a Master Trader	11	(18)
Chapter 2 What the Best Traders Look Like	29	(16)
Chapter 3 Centered Trading	45	(12)
Chapter 4 Visual Imagery--Rehearsing Your Moves	57	(14)
Chapter 5 Concentration--The Key to Preparation and Recovery	71	(22)
PART TWO Putting Psychology into Practice	93	(94)
Chapter 6 100 Percent Commitment--Promising the Result and Expanding the Risk	93	(24)
Chapter 7 Basic Trading Principles	117	(22)
Chapter 8 Managing Risk and Other Advanced Trading Principles	139	(26)
Chapter 9 Teamwork	165	(22)
PART THREE Mastering the Trading Game	187	(10)
Chapter 10 Dealing with Stress	187	(10)
Chapter 11 Overcoming Common Mistakes	197	(26)
Chapter 12 The Power to Change	223	(26)
Index	249