Tuesday, November 11, 2008

Becoming Your Own Trading Coach Blog

Most readers are probably aware that I started a new blog in support of the Trading Coach book that will be coming out in the first quarter of 2009. Over time I'll be developing the new blog into a resource collection for traders interested in the psychological aspects of trading performance.

Here are a few recent linkfests from the Trading Coach blog:

I will be adding resources to the new blog periodically, including supplementary material to update and elaborate the new book.


Adam said...

Hi - I believe that a real understanding of what trading entails in itself aids traders development.
Analogy: take a formula driver, assuming nothing mechanical happens to his racing car, then success is achieved through taking little steps at a time i.e. one lap after another. The discipline required for every turn of every lap is extreme, yet the smallest deviation from this approach - eg, "I'll just accelerate a little harder through the next corner just this one time" will cause catastrophic consequences, and undo all of many many laps successfully completed.

Brett Steenbarger, Ph.D. said...

Great point, Adam; we can only learn how deviations amplify by training in controlled, realistic situations--