Intellect, instinct, and guts: understanding the psychological profile -- Planning for action: the importance of goal-directedness -- "Fire in the belly": the ability to take appropriate risk -- Thinking outside the box: the importance of ingenuity -- Separating emotions and decisions: the ability to be self-aware -- Nurturing team players: listening, learning, and working together -- Leadership: directing success.
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"Trading tends to be a winner-take-all activity where a small number of traders are very successful, while the majority either lose money or generate relatively small profits. In The Mental Strategies of Top Traders, author Ari Kiev identifies and analyzes the characteristics of successful traders and shows you how to cultivate these same characteristics. Successful trading, Kiev asserts, requires an unusual and sometimes contradictory blend of intellectual and psychological abilities, including the willingness to take risks, but in a very controlled manner; the discipline to develop high-conviction trading ideas in the face of unpredictable markets and incomplete information; as well as a strong drive to win, but also accept failure. Here, you'll discover how to achieve all this, and much more"--Resource description page.
OverDrive, Inc.
Safari Books Online
7E8FBA37-8279-4B1F-86A7-F72FDA8A1ECD
CL0500000067
Mental strategies of top traders.
9780470509531
Investments-- Psychological aspects.
Investments, Case studies.
Speculation-- Psychological aspects.
Stocks-- Psychological aspects.
BUSINESS & ECONOMICS-- Investments & Securities-- General.