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Psychology books related to my biggest pitfalls
Updated September 1, 2016
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Psychology books related to my biggest pitfalls
August 31st, 2016, 02:53 PM
London UK
Experience: Beginner
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Cogito ergo sum
Even though this book is not directly trading related, I do believe that it is a good and applicable read to have a better understanding of your judgement and decision making process.
Can you help answer these questions
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August 31st, 2016, 03:12 PM
Tbilisi, Georgia
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lemons
Best book is Mark Douglas " Trading in the Zone".
And may be the only book you need about trading psychology.
If you ask you will get it
if you look you will find it
If you knock door will open
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August 31st, 2016, 04:58 PM
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lemons
Best book is Mark Douglas " Trading in the Zone".
And may be the only book you need about trading psychology.
If you ask you will get it
if you look you will find it
If you knock door will open
Yesterday's excellence is today's standard and tomorrow's mediocrity
August 31st, 2016, 04:59 PM
Canada
Experience: Beginner
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Trading: NQ
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Cogito ergo sum
Even though this book is not directly trading related, I do believe that it is a good and applicable read to have a better understanding of your judgement and decision making process.
Thinking, Fast and Slow is a best-selling 2011 book by Nobel Memorial Prize in Economics winner Daniel Kahneman which summarizes research that he conducted over decades, often in collaboration with Amos Tversky. The book's central
thesis is a dichotomy between two modes of thought: "System 1" is fast, instinctive and emotional; "System 2" is slower, more deliberative, and more logical. The book delineates cognitive
biases associated with each type of thinking, starting with Kahneman's own research on loss aversion. From framing choices to people's tendency to substitute an easy-to-answer question for one that is harder, the book highlights several decades of academic research to suggest that people place too much confidence in human judgement.
Yesterday's excellence is today's standard and tomorrow's mediocrity
August 31st, 2016, 08:11 PM
London
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citikot
Completely agree. But i could recommend Brett Stinbarger books too. It will enough. If they will not help to fix the brains, nothing will help. Sorry for such a honesty.
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https://www.amazon.co.uk/Daily-Trading-Coach-Becoming-Psychologist/dp/0470398566 This is always good to refer to when psychological issues crop up in your trading. I often read his blog too TraderFeed
Last Updated on August 31, 2016
