TraderMind: Get a Mindful Edge in the Markets (Wiley Trading) 1st Edition

Thinking about thinking chapter makes it worthwhile even if I get nothing else from the book.The first 3 chapters get you up to speed on mindfulness with description, scientific studies, and simple exercises.Then comes thinking about thinking chapter 4. Outstanding! It has helpful exercises and practices that will put you in control of your thinking. I've read 2 of the 3 Steenbarger books and Trading in the Zone book. I'm lukewarm about the Steenbarger books and love Trading in the Zone. I've also bought some material from Menaker and others. TraderMind by Steve Ward is the best resource on trading psychology with real world exercises, questions, practice. It gets you to the mental level you need to be to successfully trade. Chapter 4 on Thinking about Thinking is the eye-opening game changer. It teaches you to observe your thinking as mental events. Chapter 5 and 6 are about emotions and urges. I practice those exercises together because the urges go with the emotions.You can't expect instant success just by reading the book. You have to put in the time to do the practice work. I haven't finished the book yet but already see a significant difference in my approach and wanted to write a review. As I said, just one chapter makes the book worthwhile to buy. I'll update after I finish the book and its 8 weeks of practice exercises. You are changing how your mind works so it is not a process that can be rushed.Highly recommend. And ridiculously low-priced for what you get.Update after finishing the book and the 8 weeks of exercises:The real jewel of the book is chap. 8 on Habits, Behavior, Action. I highlighted entire paragraphs in this chapter. It didn't have many exercises but its questions helps you align your trading with your values. Chapter 9 Turning Towards Difficulty has the best exercises. Its 3 minute breathing space practice really opened up my eyes to what was going on internally with me while trading. Its practice for Exploring Difficulty teaches you to stop avoiding discomfort and to embrace it while taking effective action. The last chapter does not disappoint either. It suggests 10 ways you can make mind fitness part of your regular trading day (and life).I have noticed great progress while going through the 8 weeks of exercises and the chapters of the book. I still had some big losses in the first 5 weeks. But in the last 3 weeks I've had only one loss day and it was small. More importantly, I've had a few days when I finally knew what it was like to trade without any type of psychological interference. In other words, my read of the market was crystal clear and unclouded by distracting thoughts and emotions. As I continue my mind fitness program (customized for me using the suggestions in Chapter 10), I expect this to become the norm.

Excellent I learnt a lot by reading this book especially about trading with correct mind. I think every aspect of what goes through your mind while trading is covered in this book. I would recommend this book to anyone trading if they are having problems I will definitely be putting the effort in to use everything I have learnt.

Definitely one of the most useful trading related books that I have ever read. Very focused language and hands on from all aspects.

I got what I was looking for. Thanks!

Excellent seller. Author's insight of the subject is good.

This is the best book I've ever read on trader psychology. It contains actionable steps to improve your trading. MUST READ!

not very actionable like most "self help" books. not clear cut routines or examples to really help you go from concept to practice...

Trading is a mind game, and this book will help you train your mind to increase the odds of you trading sucessfully.