Average Reviews:
(More customer reviews)The Trading Personality Profile, by Dr. Gandevani, describes how a trader can identify his/her personality traits and furthermore provides supplemental strategies designed to maximize desirable traits and neutralize negative traits. Determining your trading personality is crucial because you discover which types of trading approaches are best suited for YOU. This enables the trader to bridge the profit/loss gap between a trading system's hypothetical performance and the trader's actual performance.
On a personal level, I have developed an awareness of my personality/characteristics and as a result, many of my thoughts and actions are both scientifically explainable and often times predictable. I am now conscious of my irrational beliefs (derived from my weak traits) and am able to remedy them before they become undesired behaviors.(i.e. bad trades)
Every trading day I apply the concepts in this book. I made an outline of the impeding "traps" that I am vulnerable toward (according to my weaknesses) along with the corresponding corrective strategy so that I can conveniently refer to the concepts as the day progresses. This prohibits me from creating any costly mistakes by knowing how to diagnose the belief &/or behavior.
The information I received about myself from this book has helped immensely. The book has saved me time, $$$, and potential frustration. I am sure it will help put you on a profitable path to success as well.
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How To Become A Successful Trader offers an exciting tool for traders, investors, and hedge fund managers to maximize their trading performance. You gain a deeper understanding about how to enhance the positive forces of your psychology to create a winning career. With the knowledge of your Trading Personality, you are able to customize strategies and decide which method of trading; either Discretionary System, a Mechanical System, or a Hybrid System is best suited to your personality.This book provides a road map and selection criterion for mutual funds, banks, hedge fund mangers and trading firms on how to choose a more effective trader for their firm. Dr. Gandevani's book utilizes a scientific research in dealing with trading psychology. His professional experience in trading and dealing with many traders whom he has trained as well as extensive research on psychology provided the unique and necessary insight for writing this book.
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