Enhancing Trader Performance: Proven Strategies From the Cutting Edge of Trading Psychology (Wiley Trading) 
"Brett Steenbarger gives traders the best tool to improve their own trading: a look into themselves. By setting up a quantifiable, positive learning system, Brett allows anyone, from experienced fund managers to beginner traders, to maximize individual potential."
—Larry Connors, CEO, Tradingmarkets.com
"Brett proves that mental toughness CAN be learned and hits the nail on the head when applying performance theory to trading! He shows how classic topics, such as the consistency and habits built from day-to-day routines to the importance of positive self-talk, can be applied to the abstract arena of the markets. Traders of all levels will be inspired by these strategies for performance enhancement in their journey towards mastery."
—Linda Raschke, LBRGroup, Inc.
"Successful traders know that winning has less to do with technical knowledge and more to do with understanding yourself, pinpointing your strategy and process, and implementing it in a consistent, disciplined manner. Enhancing Trader Performance shows that your personal success lies at the intersection of your talents, skills, and opportunities. Brett guides you toward identifying your talents, developing your skills, and applying both as opportunities arise. For anyone interested in improving their trading, reading this book may be one of the best trades you ever make."
—Jim Dalton, trader, coauthor of Mind Over Markets and Markets in Profile, and Senior Vice President and Director (Retired), ICS Integrated Products and Research, UBS Financial Services Inc.
"The one statement in the book that stands out, 'You cannot have trading consistency if you do not have emotional consistency,' says it all. This book must be read, and reread, if you want to succeed in the trading arena."
—Ken Wood, "Woodie" of www.woodiescciclub.com
Reviews
2. It was easy to identify with one of the composite traders in the book and I learned from all of them
3. It gave me legitimate, proven, easy-to-understand tools to improve my learning, understanding and performance
What a great book,
--h
Because of the psychological issues of both systems design & development, and discretionary trading aspects, psychology is a critical component to ones success or failure as an trader. The analogies of trading to real life figures such as Jesse Owens and Nolan Ryan, experts in their altheleticism is conveyed to traders in a clear, experienced manner.
Brett easily hooked me in the first 6 pages with a profile in psychology of two real traders. The first trader, Al never lost his cool and didn't violate his stop losses. The second trader, Mick was kind of a hot head who violated his stops and took a loss personally. Mick after having a bad morning where he allowed his emotion to affect his trading decided to skip lunch to review his trading, figure out the market and also how to get back his money. Al took his lunch and went back to trading with his cool and calm style after lunch. Which one is the successful trader you ask? Mick is the multi-million-dollar performer. Al is no longer trading. How has Mick been able to succeed despite his obvious violation of psychological principles? Deliberate practice. Mick is dedicated to the market and analyzes his every mistake. This helped in preparing him for similarly frustrating trading scenarios and provided him with the confidence to get through it.
I have not bought the book yet but I might.
