Friday, November 11, 2011

"High Performance Trading"

The biggest breakthrough for me today was not necessarily the markets (it was relatively "boring" due to the holiday).  What has given me a renewed sense of optimism and purpose is the book I received today, called High Performance Trading by Steve Ward.  The subtitle explains it better -- "35 Practical Strategies and Techniques To Enhance Your Trading Psychology and Performance".

And after a quick glance, I believe this is exactly the type of book that I've been searching for.  The author references and acknowledges Dr Brett Steenbarger, Mark Douglas, Ari Kiev, and others who have already lead this particular field with their great works. 

Ward's goal was not to author yet another book on the "theoretical discussions of leading topics in trading psychology", since those works have already been done very well.  His goal was to create a practical book that leverages those prior works along with the work he has done with traders over the years, to create an outline of practical strategies, exercises, and examples for key topic areas that are relevant to traders.

Some of the questions he asks in his exercises may seem a little generic or touchy feely, but I'm at the stage where I'm open to anything that will help me understand myself to become a better trader.  If you're also interested in this type of book, check out this link to Amazon and review the table of contents as well as a few chapter excerpts.

Now the studying begins...


Stock Tips said...

I liked the info shared here and i was looking for the same.
Nice Blog.Will surely follow it.

Grove Under said...

Stock Tips:
Thanks for the feedback -- really appreciate it!