The emotions and mental states that
dictate success or failure in Stock /Commodity and Forex Markets. Trading
psychology refers to the aspects of an individual’s mental makeup that help
determine whether he or she will be successful in buying and selling securities
for a profit. Trading psychology is as important as other attributes such as
knowledge, experience and skill in determining trading success. Discipline and
risk-taking are two of the most critical aspects of trading psychology, since a
trader’s implementation of these aspects is critical to the success of his or
her trading plan. While fear and greed are the two most commonly known emotions
associated with trading psychology, other emotions that drive trading behaviour
are hope and regret.
In this book
on trading psychology, you will learn:
The importance of controlling your
emotions when making trading decisions
How to master self-discipline and stick
to a trading plan
How to learn from mistakes so you do not
How to refine your skills through
simulated paper trading without risking money
How to have a confident mindset while
maintaining a flexible and open mind when trading
The best traders are always looking
for an edge. Sometimes, the largest obstacle between you and trading
successfully is yourself. Success can be more about your mindset and less about
the markets. From managing and evaluating your own performance to setting rules
and sticking to them, these titles will help you create and stick to a trading
plan, manage stress, address risk, and not be derailed by emotions or
Sethi has been involved in the Stock Market since 1992.
has completed his Graduation/Post Graduation. This year, he received his PhD in
a 5-year study, his first market forecasting steps were put forth in 1992, by
predicting Stock Market movements in India.
his work got recognised in the early 90’s, he gave weekly forecast for Indian
Stock Markets in the renowned Indian business daily, BUSINESS STANDARD, every
Monday, from 1997 to 2001. This brought national exposure to his work, and with
the advent of Internet in 2001, his daily trading strategy under the title
STOCK MARKET NAVIGATOR flooded India and off-shore. To make his popular work
accessible to remote Indian areas, he published the gist of his daily trading strategy
in Business-Standard Financial-Express till 2007.
he started writing about Technical Analysis in 1992, there were only about 3-4
people writing about Technical Analysis in India.
is involved in analysing the Global Market in relation to the Stock Market, Commodity,
Forex and Energy.
days, he organises Technical Analysis & Trading Psychology seminars on a