The Trading Athlete
Winning the Mental Game of Online Trading
Wiley Trading Series
1. Auflage September 2001
320 Seiten, Hardcover
Wiley & Sons Ltd
"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.
The Mental Keys to Becoming a Masterful Online Trading
Athlete.
Setting and Achieving Your Goals.
Confidence: The Foundation of Success.
How Winners Handle Losing.
How to Energize, Not Catastrophize, in Pressure Situations.
Trading for Revenge: A Recipe for Disaster.
Recovery from Trading Injuries: Overcoming Fear.
Concentration: Tuning In to Success.
Enjoying the Moment: Playing the Game One Trade at a Time.
Postgame Wrap-Up.
Appendix A: Extra Innings.
Appendix B: Using What You Know.
Appendix C: Scenarios for the Trading Athlete.
About the Authors.
Index.
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.
