Overview
An honest depiction of the challenges of trading and a clearexplanation of what it takes to succeed
Trading tends to be a winner-take-all activity where a smallnumber of traders are very successful, while the majority eitherlose money or generate relatively small profits. In The MentalStrategies of Top Traders, author Ari Kiev identifies andanalyzes the characteristics of successful traders and shows youhow to cultivate these same characteristics.
Successful trading, Kiev asserts, requires an unusual andsometimes contradictory blend of intellectual and psychologicalabilities, including the willingness to take risks, but in a verycontrolled manner; the discipline to develop high-convictiontrading ideas in the face of unpredictable markets and incompleteinformation; as well as a strong drive to win, but also acceptfailure. Here, you'll discover how to achieve all this, and muchmore.
- Provides advice and solutions for traders struggling withtoday's volatile and stressful markets
- Authoritatively identifies key mental strategies of toptraders
- Written by Ari Kiev, a highly respected figure in theprofessional trading community
- Analysis is supported by comments from contemporary traders andportfolio managers, many of whom struggled with the markets of2008
Designed with the serious trader in mind, this book will put youin a better position to excel in today's tumultuous markets.
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