Cover image for The trading mindwheel : eight essential skills for trading mastery
Title:
The trading mindwheel : eight essential skills for trading mastery
Author:
Lamothe, Michael, author.
ISBN:
9781394320226

9781119868255

9781119868262
Physical Description:
1 online resource (xxviii, 211 pages) : illustrations
General Note:
Includes index.
Contents:
Introduction -- THE AXLE MINDSET: Beliefs, Belief Systems, Emotions, and Habits -- SPOKE 1 JOURNALING: Step One of Accountability and Continuous Improvement -- SPOKE 2 ANALYSIS: Analyzing Trades and Markets -- SPOKE 3 RISK: Initial Capital Risk, Position Sizing, Potential Reward -- SPOKE 4 TRADE MANAGEMENT: Managing Risk throughout the Life of the Trade -- SPOKE 5 PORTFOLIO MANAGEMENT: The BIG Picture and Assessing Our Total Risk -- SPOKE 6 POST ANALYSIS: Step Two of Continuous Improvement -- SPOKE 7 TESTING: Factor Modeling, Back Testing, and Forward Testing -- Conclusion
Abstract:
"This story encompasses not only the eight core trading skills but also ties in Mike's inspiring journey. From overcoming crippling beliefs from childhood, quitting his full-time job at one of the top hospitals in NYC to trade full-time, starting a coaching business MARA, and pursuing his passion to help other traders succeed in the market, Mike shares the wisdom he's gained. Mike has a natural storytelling approach to teaching and can turn something complex into something simple and relatable (very different from the old-school way of looking at the stock market). It is a fresh and invigorating new approach that traders will gravitate to, and his passion for trading is contagious and will inspire other traders to reach their trading goals"-- Provided by publisher.
Local Note:
John Wiley and Sons
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E-Book 598162-1001 HG4661 .L356 2023
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