Mindful Trading: Mastering Your Emotions and the Inner Game
Conquer Self-Doubt, Fear, and Impulse and Get the Psychological Edge You Need for Successful Trading
This book focuses on how to develop the psychology of your peak performance mindset so you can claim the edge your methodology gives you.
Here are comments from traders discovering this book.
First, here is a video sent to us. It pretty much shows a common practice that occurs when traders read Mindful Trading
Dear Mr. Howell
After starting reading your book I feel a snowball has started rolling. Since this is a new area for me I was not sure how it would be, but the way it has developed I now actually think it is fun and inspiring. I know "inner" work can be perceived as intimidating, but when I know it is for the better it do not care. The alternative is far more worse. In general I have a strong conviction in that the truth will set one free. In the week that has gone I have done two trades where I closed both in break even. The inspiring thing with both of the trades is that I have a new meaningful approach and way of observing how things are before and after I open a trade. It has been enjoyable to be able to observe in a clear way what was going on. So with the psychology as the most important now, I am very satisfied. I am also glad that I have really realized and understand that the psychology of trading is just as mandatory as any other part of trading.
"I am sitting here in sunny Curacao reading your book for the second time .. some parts have been read even more as I find myself becoming increasingly familiar with your style of thought Rande.
There is nothing I disagree with, and although the images burned into my mind may be different than yours, the overall play is the same.
I am a regular Reader of Jiddu Krishnamurti and your book dovetails into his ..... to put it a little more bluntly, your book details "where the rubber hits the road"
Page 110 of your book Rande refers to "The Illusion of Control" ... a subject very close to my heart and sole. Is this going to be the Title of your next book? .... I wouldn't be in the least surprised.... just imagine if Oprah warmed to it.
Just want to thank you again Rande for your book ... My Wife and I greatly appreciate it and it will never gather dust".
I am thrilled to have discovered your work. I have been baffled by the counterproductive actions I sometimes take when trading, resulting in loss of self confidence as well as money. Until know I've not understood the biological conditions under which I am subjected to while trading. Simply knowing how those conditions came to be, and practicing the breathing exercises, has resulted in an immediate change to my mental/emotional state while in trades. Knowing that I am preconditioned to respond in a certain manner has made it ok for me to accept that I have those preconditions and therefore allow me to work on creating a more productive environment in which I trade.
I am only half way through the book so I haven't started any exercises yet. As I was reading through the book I couldn't believe it. Its like you have been sitting next to me for the last year as I was trading. That is the first time anyone has accurately described what is going on while I trade. After all the books and articles I read over the last several years it seems odd that I'm just now finding truly useful information.
Thank you again for your time last week and I'll keep you posted on how things are progressing.
Rande’s book, “Mindful Trading: Mastering Your Emotions and the Inner Game of Trading”, goes beyond telling you what a trader's mind ought to be like. A number of books tell you that. Achieving that mindset remains elusive though. This book shows you HOW to develop a trader's state of mind. And if you are serious about achieving your dreams of financial freedom, you are going to want to get your hands on this book. The book is available in either a paperback format or as a downloadable e-book (pdf format). Also, read the excerpt. It's free.
This book explores how fear or impulsivity blocks the potential of the trader you could be. But more than just explaining HOW your fears and impulsivity negatively impact your trading, this book explains what you can DO about it.
Through the use of real life vignettes of traders he's worked with, Rande tells the stories of traders like you who have wrestled with their psychological demons and conquered them. From the paralyzing hesitation of the fear of pulling the trigger, to the panic of a trade going against you, to the demoralizing disaster of impulse trading to make up for prior loses, you will see how they overcame their self-limiting beliefs and achieved a disciplined, patient, impartial, and courageous mindset — the Trader’s State of Mind.
Rande explores how these traders used the learned skills of emotional regulation and Mindfulness as part of a powerful process to develop a psychological edge that led them to peak performance trading. In this book you will learn how to disrupt old self limiting beliefs that block you from your potential and awaken the potential of the Inner Trader living within you.
This book is not about quick fixes, mind tricks, or gimmicks. This is about long term change and re-organization of the self starting with biological management of emotional states to psycholocial re-invention of the self. Here you will learn that biology and mind cannot be separated. You will see how to change deeply embedded neural pathways that give rise to self limiting beliefs resulting in poor trading performances. It shows you the skills and tools you need to move beyond mediocrity and into your potential as a trader and as a human being.
Until you learn how to manage your emotions and develop your mind to work effectively with uncertainty, you will never achieve peak performance in trading. The very psychological demons you have successfully avoided outside of trading will staulk you in trading -- this is unavoidable. In trading, to be successful, you have to master the mind. It is your mind that uses your platform and methodology; it has to be developed like a rookie has to be developed into a seasoned pro. This book will show you the what and how of over coming self limiting beliefs and re-organizing your mind for peak performance trading.
Why is this book available only at this website?
I get asked this many times. And the answer is money. What a publisher and Amazon offers me is expensive for what they actually deliver. They take the vast majority of the sale of a book and I still have to do the marketing, leaving a long road to recover and profit from the intellectual capital of Mindful Trading. This way the distribution system is flat and I have personal contact with everyone purchasing. It's much like paying top dollar commission for a retail broker only to discover they were providing you little of value for their cost.
To purchase this game-changing book (paperback), click here.
Click here for downloadable e-version of Mindful Trading.