The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist (Wiley Trading) by Brett N. Steenbarger - Presentation Transcript
The Daily Trading Coach: 101
Lessons for Becoming Your Own
Trading Psychologist (Wiley Trading)
by Brett N. Steenbarger
The Doctor Is In.
Praise for The Daily Trading Coach
A great book! Simply written, motivational with unique content that leads
any trader, novice or experienced, along the path of self-coaching. This is
by far Dr. Steenbargers best book and a must-have addition to any traders
bookshelf. Ill certainly be recommending it to all my friends.
—Ray BarrosCEO, Ray Barros Trading Group Dr. Steenbarger has
been helping traders help themselves for many years. Simply put, this
book is a must-read for anyone who desires to achieve great success in
the market.
—Charles E. KirkThe Kirk Report Dr. Brett, as he is affectionately
known by his blog readers, has assembled a practical guide to self
coaching in this excellent book. The strategies he outlines are further
enhanced with numerous resources and exercises for the reader to refer to
and keep the principles fresh. I enthusiastically encourage anyone
interested in bettering their trading and investing to read this book and
keep it on their desk as a constant source of learning.
—Brian Shannon, www.alphatrends.netauthor of Technical Analysis
Using Multiple Timeframes Dr. Brett has distilled his years of
experience, as both a trader and a psychologist/coach, into the 101
practical lessons found in The Daily Trading Coach. Those lessons provide
effective strategies for coping with the stumbling blocks that traders often
face. This book should be a cornerstone of any serious traders library.
—Michael Seneadzaequities trader and blogger at TraderMike.net
Personal Review: The Daily Trading Coach: 101 Lessons for
Becoming Your Own Trading Psychologist (Wiley Trading) by
Brett N. Steenbarger
The first time I met Dr. Steenbarger was in the smaller conference room of
our proprietary trading firm in NYC. We were finalizing our training
program and wanted the best teacher that we knew to review our work.
He wasn't being paid, he was just a trading coach offering a helping hand.
As Dr. Steenbarger offered his critique I was humbled by how much I still
needed to consider. There was more work to be done.
I have traded my own account through the Asian Financial Crisis, the Tech
Boom, the Internet Bubble, 9/11, and the recent near collapse of our
banking system. Today I run SMB Capital, a proprietary trading desk. Yet
TraderFeed and Dr. Steenbarger's writing is still essential reading for me.
The Daily Trading Coach is no exception. It is simply a must read for the
new, developing, and experienced trader.
As John Forman has done I should disclose that I am a proud contributor
to the book. And I must admit my favorite part of this book is when Dr.
Steenbarger makes fun of me for my overzealous contribution. Hey I was
just trying to help.
When I first started my trading career in the late 90's you learned through
osmosis. You sat next to an experienced trader and when they had time (if
they had time?) they discussed their trading. The market is more
complicated than when I began and this model frankly is outdated. One of
the new techniques you must master is how to coach yourself, even if
starting at an established firm with excellent mentoring. Start with the
Daily Trading Coach.
Often new and developing traders mistakenly believe that learning from the
best trader is the way to become great. If only this were true. The
developing trader must find the best teacher. Dr. Steenbarger is the best
trading teacher that I know.
The other day I received an email from a prospective trader asking me if
everyone on our desk put up identical P&L since they all have access to
the same trading plays. The experienced and developing trader are I am
sure chuckling politely as they read. Not every trader possess the same
trading skills and mental development. Psychology is the 800 pound
gorilla in the room on every trading desk. Dr. Steenbarger is the godfather
of techniques to clear our mental hurdles. There is so much more of this in
the Daily Trading Coach. 101 lessons more to be exact.
Dr. Steenbarger has insider access to Hedge Fund traders, Investment
Banks and proprietary trading firms that few do. His years of experience
working with these groups has armed him with anecdotes and lessons that
he has again passed along. Thank you Dr. Steenbarger.
This book sits in my office in Manhattan along with many other great
trading books. I find myself often of late, rising from my chair, heading
over to my book shelf, and rereading sections of the the Daily Trading
Coach, as I consider how to best mentor one of our traders. The Daily
Trading Coach is a trading gift that keeps on giving.
Mike Bellafiore
Partner, SMB Capital
For More 5 Star Customer Reviews and Lowest Price:
The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist
(Wiley Trading) by Brett N. Steenbarger 5 Star Customer Reviews and Lowest Price!
The first time I met Dr. Steenbarger was in the sma more
The first time I met Dr. Steenbarger was in the smaller conference room of our proprietary trading firm in NYC. We were finalizing our training program and wanted the best teacher that we knew to review our work. He wasn't being paid, he was just a trading coach offering a helping hand. As Dr. Steenbarger offered his critique I was humbled by how much I still needed to consider. There was more work to be done.
I have traded my own account through the Asian Financial Crisis, the Tech Boom, the Internet Bubble, 9/11, and the recent near collapse of our banking system. Today I run SMB Capital, a proprietary trading desk. Yet TraderFeed and Dr. Steenbarger's writing is still essential reading for me. The Daily Trading Coach is no exception. It is simply a must read for the new, developing, and experienced trader.
As John Forman has done I should disclose that I am a proud contributor to the book. And I must admit my favorite part of this book is when Dr. Steenbarger makes fun of me for my overzealous contribution. Hey I was just trying to help.
When I first started my trading career in the late 90's you learned through osmosis. You sat next to an experienced trader and when they had time (if they had time?) they discussed their trading. The market is more complicated than when I began and this model frankly is outdated. One of the new techniques you must master is how to coach yourself, even if starting at an established firm with excellent mentoring. Start with the Daily Trading Coach.
Often new and developing traders mistakenly believe that learning from the best trader is the way to become great. If only this were true. The developing trader must find the best teacher. Dr. Steenbarger is the best trading teacher that I know.
The other day I received an email from a prospective trader asking me if everyone on our desk put up identical P&L since they all have access to the same trading plays. The experienced and developing trader are I am sure chuckling politely as they read. Not every trader possess the same trading skills and mental development. Psychology is the 800 pound gorilla in the room on every trading desk. Dr. Steenbarger is the godfather of techniques to clear our mental hurdles. There is so much more of this in the Daily Trading Coach. 101 lessons more to be exact.
Dr. Steenbarger has insider access to Hedge Fund traders, Investment Banks and proprietary trading firms that few do. His years of experience working with these groups has armed him with anecdotes and lessons that he has again passed along. Thank you Dr. Steenbarger.
This book sits in my office in Manhattan along with many other great trading books. I find myself often of late, rising from my chair, heading over to my book shelf, and rereading sections of the the Daily Trading Coach, as I consider how to best mentor one of our traders. The Daily Trading Coach is a trading gift that keeps on giving.
Mike Bellafiore
Partner, SMB Capital less
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