Unlock consistent trading success with the power of Trading Composure!
Embark on a transformative journey with Trading Composure: Mastering Your Mind for Trading Success. Supported by paradigm-shifting exercises, case studies, and personal anecdotes from successful career trader and trading psychology coach Yvan Byeajee, readers will learn how to befriend uncertainty and build a trading psychology edge amidst the market's dynamic dance. Whether you're a newbie trader or a seasoned one, this insightful read will reshape your trading perspective and help you deliver tangible results.
Highlights of the Book:
- Embracing Uncertainty: Learn what uncertainty is, how and why it manifests, and how to turn it to your advantage.
- The Emotional Edge: Gain a comprehensive understanding of your mental landscape and cultivate a trading psychology that thrives amidst trading's challenges.
- Discover the Winner's Traits: Uncover why some traders strike gold while others falter, and position yourself in the winning camp.
- Experiential Learning: Engage with paradigm-shifting exercises, candid anecdotes, and real-life case studies that illuminate the path to trading consistency.
If you are serious about taking your trading game to the next level, Trading Composure is your playbook. It will equip you with the psychological tools and insights for trading excellence. It is your roadmap to thriving in the uncertainty-riddled field that is trading. Dive in now!
Table of Contents
Preface ix
Foreword xv
Chapter 1: From Zero to Hero 1
Modest Origins 1
Almost Within Grasp, Yet Elusive 7
Rock Bottom 10
My Journey to Composure 14
A Three-Pillar Approach to Composure 23
Pillar One: Grasping and Welcoming Uncertainty 27
Pillar Two: Fostering a Resilient Emotional Core 29
Pillar Three: The Accountability Factor 31
Chapter 2: Pillar One: Grasping and Welcoming Uncertainty 35
Uncertainty: The Name of the Game 35
Unpacking Uncertainty 39
Uncertainty in the Market 42
Time Frame’s Impact on Predictability 51
The Predictive Value of Price Patterns and Formations 53
The Pathway to Profitability Amidst Uncertainty 59
Making Peace with Uncertainty: The F.A.C.E Principle 64
F: Fully Embracing Reality 67
A: Appreciating the Statistical Nature of Trading 72
C: Centering on Survival 77
E: Easing Off the Prediction Paradigm 81
Random or Not: That Is the Question 88
Chapter 3: Pillar Two: Fostering a Resilient Emotional Core 93
Composure Amidst Uncertainty 93
A Journey of the Mind 98
The Self-Reorganizing Nature of the Mind 103
Where You Are, There You Are 109
Looking Within or Beyond - A Time for Both 111
Sustaining Composure Through S.T.A.Y 115
S: Start and End Your Day with Meditation 117
T: Take Time for Self-Reflection 121
A: Active Acceptance of Uncertainty 123
Y: Yield to the Trading Process 125
Perspective Through and Through 132
Chapter 4: The Accountability Factor 137
The Institutional Trader’s Edge 137
The DIY Method: Good or Bad? 142
Staying Consistent with A.C.T. 146
A: Acknowledge Progress and Setbacks 147
C: Commitment to the Journey 149
T: Take Full Ownership 151
Chapter 5: Parting Thoughts 155
Takeaways 155
Leveraging Your Strengths 164
Closer Than You Think 166
Acknowledgments 171
References 173
Index 175