Trading psychology,
in many ways, is like performance psychology. If you can train performance, you can probably have an impact on trading performance. There are many who offer advice and practical wisdom, but there are few who actually study the science of trading psychology.
Let’s take a look at some people who have had a huge impact on the commercial industry and name a few books to help along the way.
DR. BRETT STEENBARGER, PH.D.
Dr. Steenbarger is by far the most influential trading psychologist in the world. His research and writings are prolific. He has worked with many of the world’s most famous traders and regularly works with proprietary traders and other professionals who earn millions in trading profits.
Dr. Steenbarger’s works are endless. He has nearly 5000 articles on his website, traderfeed.blogspot.com. Not only that, but he has written many books, given interviews and regularly posts videos on YouTube.
Our favorite book by Dr. Steenbarger is The Daily Trading Coach: 101 Lessons to Become Your Trading Psychologist. In this incredible work, he compiled short lessons of 3-4 pages on almost every topic that applies to trading and the struggles that traders face. It leaves no stone unturned when it comes to trading psychology. In fact, it’s almost like you have a 1-on-1 session with Dr. Brett every time you pick up the book after a day of trading.
No matter where you are on your trading journey, you can’t go wrong with any of Dr. Steenbarger’s materials.
