The Trading Athlete. (Book Reviews)

By Masonson, Leslie N. | Futures (Cedar Falls, IA), June 2003 | Go to article overview
Save to active project

The Trading Athlete. (Book Reviews)


Masonson, Leslie N., Futures (Cedar Falls, IA)


By Shane Murphy and Doug Hirschhom

John Wiley & Sons Inc.

New York (2001)

288 pages, $29.95

Trading psychology is often the missing link for many traders. Getting control of your emotions and mentally preparing yourself for trading is critical for your success.

The Trading Athlete is geared to both newbie and veteran traders. The authors use sports analogies and compare traders to athletes to bring home their points. They provide an easy-to-understand approach to the subject matter. Based readings of other research and this reviewer's trading experience, 90% 'of the battle for trading consistency and profitability has to do 'with psychological aspects of trading.

The synergy between Murphy a sports psychologist, and Hirschhom, an online trader, resulted in a well-written, easy-to-read text that supplements books on trading psychology by Ad Kiev, Alexander Elder and Mark Douglas.

The big picture topics covered here include mental keys, confidence building and dealing with failure, how to handle losses replacing negative thinking with sure, why trading for revenge is a diaster, how to overcome feat and prevent panic, how to concentrate and enjoying success

Also, included is a self-evaluation form covering goal-setting, confidence, positive trading attitude, energizing, anger management, pressure, concentration and flow.

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited article

The Trading Athlete. (Book Reviews)
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?