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Trade With Passion and Purpose: Spiritual, Psychological, and Philosophical Keys
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Trade With Passion and Purpose: Spiritual, Psychological, and Philosophical Keys to Becoming a Top Trader Hardcover - 2007

by Whistler, Mark

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Wiley, 2007-03-09. 1. hardcover. Used: Good.
Used: Good
NZ$53.32
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From the jacket flap

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:

  • How being "in the moment," while knowing why you are doing what you are doing is essential to trading success

  • The importance of understanding stress and how to work with it

  • The roles that affirmation and visualization playin your trading endeavors

  • How to recognize and defeat fear

  • Why change should be embraced

  • How to develop a game plan for trading success that takes risk management into account

  • How world famous traders, sports stars, and business people handle stress, and how you can benefit from their success

  • 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.

About the author

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.