The Daily Trading Coach

Here are some of the gems of wisdom you will find in this book:
“…your losing trade is never a total loss as long as you embrace it and learn from it.”
“When we’re most frustrated, but also most overconfident, we’re likely to make our worst decisions and violate our trading principles.”
“..confidence comes from self-mastery.”
“A good day is one in which we follow sound trading practices, from skilled execution to prudent risk management.”
“Your focus becomes one of trading well, not one of making money.”
“To best focus on any single performance, it helps to be diversified among performances.”
“Positive thinking is not necessarily optimistic thinking, it is constructive thought.”
“…good risk adjusted returns are better for the psyche than extreme patterns of returns. It’s not how much you make, but how much you make per unit of risk taken that will keep you in or out of the performance zone.”
“Focus on your best trading and you begin the process of extinguishing your worst practices.”

This book has really improved my trading, by really teaching me to think correctly. It also reinforced my risk management strategies and showed me the importance of learning and growing. If you are serious about becoming a trader this book is a must have, it will show you how to build up the correct psychology to persevere in the markets long enough to win consistently. This is a must have for every trader’s library.

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