"It was a wonderful experience interacting with you and appreciate the way you have planned and executed the whole publication process within the agreed timelines.”
Subrat SaurabhAuthor of Kuch Woh PalThe 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 repeat them
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 preconceptions.
Anirudh Sethi
Anirudh Sethi has been involved in the Stock Market since 1992.
He has completed his Graduation/Post Graduation. This year, he received his PhD in Human Psychology.
After a 5-year study, his first market forecasting steps were put forth in 1992, by predicting Stock Market movements in India.
After 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.
When he started writing about Technical Analysis in 1992, there were only about 3-4 people writing about Technical Analysis in India.
He is involved in analysing the Global Market in relation to the Stock Market, Commodity, Forex and Energy.
These days, he organises Technical Analysis & Trading Psychology seminars on a regular basis.
He has already published two books:
Every day still learning new about Market
Analysis since last 25 years
Twitter -@IamAnirudhSethi
