The Trading Athlete: Winning the Mental Game of Online Trading - Rilegato

Murphy, Shane; Hirschhorn, Doug

Rilegato

ISBN 10: 0471418706 ISBN 13: 9780471418702

Casa editrice: Wiley, 2001

Riassunto

"The best traders in the world know that being mentally prepared is absolutely essential to compete in today's markets. Without a firm understanding of the psychology of trading, even the best stock picker will fail. The Trading Athlete gives specific instruction on how new and seasoned traders can keep themselves at the top of their mental game."-Tim Bourquin, Cofounder, TraderInterivews.com and The Online Trading Expo

"This book is a great training camp for online traders. Doug and Shane will provide the knowledge and motivation to help you become a successful trader."-Jonathan Markowitz, Partner, SMW Trading Co., Inc.

Traders, just like athletes, face tremendous pressure, stress, and expectations that would crush the ordinary, unprepared individual. The Trading Athlete utilizes sport psychology strategies to provide you with the knowledge, confidence, and discipline needed to succeed and profit in the sink-or-swim world of online trading.

Using real-world examples of athletes and online traders, this book will help you reach the peak of your online trading performance with in-depth analysis of:
* Building confidence in good times and bad
* Handling losses by examining your methods
* Focusing and maintaining concentration
* Playing the game one trade at a time
Through sport psychology strategies exemplified by John Elway, Arthur Ashe, and other athletes, you will finally begin to trade and survive in the big leagues.

Su questo libro

L'autore:

SHANE MURPHY, PhD, is one of the most prominent sport psychologists in the country today. As sport psychologist for the U.S. Olympic Committee, he personally guided the mental preparation of five Olympic teams and has worked with thousands of athletes training for the Olympic Games. Currently a high-performance consultant, he works regularly with brokers and traders at such prominent companies as PaineWebber, Dreyfus, and J. & W. Seligman & Co. Murphy is also an assistant professor in psychology at Western Connecticut University. He is the author of The Achievement Zone and The Cheers and the Tears.
DOUG HIRSCHHORN, MS, worked at the Chicago Mercantile Exchange and the Chicago Board of Trade for several years and has been trading stocks online ever since. He has combined his knowledge of trading with his experience as a former Division I athlete and his expertise as a performance consultant to help traders prepare mentally for the trading game. Doug Hirschhorn became the Director of Trader Motivation & Performance at Schonfeld Securities, LLC in May 2001.

Dalla seconda/terza di copertina:

Traders, just like athletes, constantly deal with unrelenting pressure, performance slumps, confidence issues, and changing motivational factors. This is why the psychology of elite athletes has translated so effectively to that of the online trader.

In The Trading Athlete, sport psychologist Shane Murphy and trading coach/former Division I athlete Doug Hirschhorn take the strategies of sport psychology and apply them to the arena of online trading. This one-of-a-kind play book will give you the confidence and discipline needed to build a profitable, long-term career as a "Trading Athlete."

Apply the mental strategies of elite athletes to your online trading game plan by writing a mission statement, setting effective goals, and maintaining confidence through body language. As you continue to trade and obstacles arise, this book provides the tools necessary to overcome the bad days, weeks, and even months that come with the territory. "Trading Athlete" strategies for difficult times include:

• Maintain a Positive Trading Attitude (PTA)
• Use "self-talk" to get back on track
• Avoid a "trade for revenge" strategy

Peppered with consulting stories of online traders and sport psychology strategies that work, this book will teach you how to deal with pressure, reduce stress, and stay focused as you engage in the "game" of online trading. Bounce back mentally from losses as John McEnroe did after Bjorn Bjorg defeated him in the 1980 finals of Wimbledon. McEnroe faced his failures, overcame them, and beat Bjorg in the finals of Wimbledon the very next year. Carry the expectations of a nation (or a company/family in a trader?s case) as Olympic sprinter Cathy Freeman did in 2000 by "tuning in" and staying focused on the task at hand. You don?t have to play sports to understand the principles behind this unique trading guide. All you need is the desire to put yourself in the best possible position to win.

Su questa edizione

• Editore: Wiley
• Data di pubblicazione: 2001
• ISBN 10: 0471418706
• ISBN 13: 9780471418702
• Rilegatura: Copertina rigida
• Numero di pagine: 320