The Psychology of Trading: Tools and Techniques for Minding the Markets by Steenbarger Brett N

Author:Steenbarger, Brett N.
Language: eng
Format: epub
Publisher: Wiley
Published: 2007-08-14T16:00:00+00:00

CONCLUSION

So often, clients ask me how they can become motivated to complete their work, lose weight, change their patterns, and so on. My answer is that motivated acts are fragile. If you have to motivate yourself to do something, it really isn't a part of you. Lasting changes become automatic, like brushing your teeth in the morning or driving your car while carrying on a conversation. If you create a desired state and enter it with sufficient frequency, always in the same manner, it will crystallize and become part of you. Once consolidation has occurred, the mindscape—and the trading arsenal—are changed forever.

Observe and interrupt old patterns, switch emotional gears, enact new patterns, and repeat these in as concentrated a way as possible: This, my literature review taught me, is what change is all about. The solutions in counseling and in trading begin as patterns people fear, then become patterns they enact with effort, and finally become automatic. The movement from tacit to explicit, transforming Walt's folded arms into directed exercises, is a hallmark of all personal change.

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.