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Putting money at risk in the markets exposes every trader to fear, greed and a host of other destructive emotions. This book shows you how to master the psychological skills that are essential to successful trading. It combines amazing insights from top traders with a step-by-step program for aspiring traders to develop the behaviors and inner psychology that are the foundation of trading success. Through detailed exercises and illuminating examples, the book provides the tools to change your beliefs, sharpen your focus, and bolster your confidence. From The Publisher:Imagine every time your trading system flashes a signal, you put on a trade with total confidence; imagine being upbeat after a series of losses; imagine staying calm and focused throughout the ups and downs of trading. Difficult to do, isn't it? That's because putting money at risk in the markets exposes every trader to fear, greed and a host of other destructive emotions. Keeping those emotions at bay is an ideal that very few traders achieve - until now. For the first time ever, there is a book which shows you how to master the psychological skills that are essential to successful trading. The Innergame of Trading provides a blueprint for you to model the beliefs, mental strategies, and internal dialogue of the best traders in the world. Armed with these skills, there is no limit to how successful you can be! Other books on trading psychology describe only the problems; The Innergame of Trading offers solutions. Through detailed exercises and illuminating examples, the book provides the tools to change your beliefs sharpen your focus and bolster your confidence. In researching this fascinating book, authors Robert Koppel and Howard Abell, veteran floor traders at the Chicago Mercantile Exchange, interviewed dozens of the world's top traders. The result is an insightful, colorful book that reflects the collective wisdom of the best traders in the business. Listen to what Leo Melamed, the "Godfather of Financial Futures" and an enormously successful trader, says about the importance of keeping your ego in check:. "If your ego prevents you from saying and admitting to yourself, 'I am wrong' then you'll be defeated, you'll lose, and you will go broke!" There has never been another book like The Innergame of Trading. It combines amazing insights from top traders with a step-by-step program for aspiring traders to develop the behaviors and inner psychology that are the foundation of trading success. The Innergame of Trading is destined to become a trading classic.
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Added to the WWW 04-08-97
Last updated on 04-08-98
