When I started this project, I had no idea how difficult it would be to write a
book, or how to explain something I understood in a particular way and format so that it would be useful to other people. I thought it would take me six to nine months to complete this work, but it took me
seven and a half years, and it was finally published by Prentice Hall in 1990.
In 1983, I left Merrill Lynch to start a consulting firm
called
“Trading Behavior Dynamics,” where I began developing and conducting seminars on trading psychology. I also worked
in what is known as trading coaching. I gave countless lectures and presentations to trading firms, clearing firms, brokerage firms, and banks, and took part in numerous investment conferences around the world.
I traded personally and worked face to face with almost every type of trader in the field,
including some of the biggest traders who work directly on trading floors, hedge fund managers, options specialists, and senior technical advisors, as well as beginners.
As I write these words, I have spent the past seventeen years dissecting the psychological dynamics underlying
trading so that I can develop successful methods for teaching the right principles of success. What I discovered is that, at a fundamental level, there is a problem with the... to be continued
book, or how to explain something I understood in a particular way and format so that it would be useful to other people. I thought it would take me six to nine months to complete this work, but it took me
seven and a half years, and it was finally published by Prentice Hall in 1990.
In 1983, I left Merrill Lynch to start a consulting firm
called
“Trading Behavior Dynamics,” where I began developing and conducting seminars on trading psychology. I also worked
in what is known as trading coaching. I gave countless lectures and presentations to trading firms, clearing firms, brokerage firms, and banks, and took part in numerous investment conferences around the world.
I traded personally and worked face to face with almost every type of trader in the field,
including some of the biggest traders who work directly on trading floors, hedge fund managers, options specialists, and senior technical advisors, as well as beginners.
As I write these words, I have spent the past seventeen years dissecting the psychological dynamics underlying
trading so that I can develop successful methods for teaching the right principles of success. What I discovered is that, at a fundamental level, there is a problem with the... to be continued