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by Mark Whistler (Author)
Successful trader Mark Whistler draws from the fields of psychology, spirituality, and philosophy to emphasize how self-honesty, self-esteem, emotional balance, and confidence form the foundation of successful trading. He demonstrates how adherence to a small number of core principles vastly improves chances of success, and shares interviews from top traders to exemplify his point that even the most successful traders have had to overcome setbacks.
Front Jacket
Trading in today's markets can be extremely stressful and oftentimes, traders--even those with years of experience--make irrational decisions as a result. Overcoming these pitfalls can be a difficult task, but with the right approach you can turn any setback into a great success.
Over the course of his trading career, author Mark Whistler has achieved significant success as well as taken a fair share of hits. During this time, he has seen firsthand what separates great traders from the rest of the crowd, and now, in Trade with Passion and Purpose he wants to share those insights with you.
In Trade with Passion and Purpose, Whistler draws from the fields of psychology, spirituality, and philosophy to illuminate the path to profitable trading. This engaging book acknowledges how difficult it is to consistently win in the markets, but at the same time, it demonstrates how adhering to a small number of core principles can vastly improve your chances of success.
Divided into three comprehensive parts, this book will take you on a journey of self-discovery that will help you hone your skills as a trader. Some of the topics discussed include:
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How being "in the moment," while knowing why you are doing what you are doing is essential to trading success
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The importance of understanding stress and how to work with it
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The roles that affirmation and visualization playin your trading endeavors
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How to recognize and defeat fear
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Why change should be embraced
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How to develop a game plan for trading success that takes risk management into account
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How world famous traders, sports stars, and business people handle stress, and how you can benefit from their success
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And much more
Achieving trading success takes time, guts, the desire to ask yourself some hard questions, and the relentless determination to take action. Anything less and you'll be nothing more than a mediocre trader at best. Filled with the hard-won knowledge gained through Whistler's own trading experiences as well as insightful interviews with proven traders and individuals who have overcome amazing adversity, Trade with Passion and Purpose will help you develop the personal strength and emotional intelligence needed to become a top trader.
Back Jacket
"Well conceived and executed--any trader will find this a fascinating read."
--Rich Blake
Senior Editor, Trader Monthly magazine
"Knowing yourself is one of the most important, but perhaps most overlooked, aspects of trading. In Trade with Passion and Purpose, Mark Whistler has a fascinating and unique take on the subject. I'd highly recommend this book for any trader who is serious about improving their craft."
--Cory Janssen
Cofounder, Investopedia.com
"An indispensable resource for anyone who intends to trade for a profit on a regular basis . . . Mark Whistler has outlined and detailed an intangible skill set all successful traders must possess. You simply can't get it anywhere else."
--Alex Williams
Managing Director, Investment University, www.investmentu.com
Author Biography
Mark Whistler is a trader and financial writer. As a professional options trader, he specializes in statistical arbitrage, a technique for capitalizing on the price differences between similar financial instruments.?Whistler is cofounder of the Web site PairsTrader.com, and a columnist for Traderdaily.com, Investopedia.com, the Smart Options Report, and the Investment U newsletter. He is also the author of Trading Pairs, which is published by Wiley.
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