SFO Personal Investor Series: Psychology of Trading by Bernie Schaeffer (2007-07-23)

Psychology of Trading (Sfo Personal Investor Series)

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SFO Personal Investor Series: Psychology of Trading by Bernie Schaeffer (2007-07-23)

Psychology of Trading (Sfo Personal Investor Series)

Written by Laura Sether
4.85 40,729 ratings
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About this ebook:
Many of the top traders in the world are known as much for their trading mindset as their technical prowess. George Soros talks about what his aching back tells him, Ed Seykota says everyone gets what they ultimately want out of the market, and Marty Schwartz became one of the best in the business when his desire to win outweighed his desire to be right. The bottom line is that all the technical expertise in the world won't help you succeed if you don't have the right mindset.This collection of the top trading psychology articles from SFO, The Official Journal for Personal Investing, will help you find your best trading mindset. This anthology explored managing mind games, controlling emotions, behavioral economics, and the internal workings of the trading brain. Learn from the leading authorities on trading psychology, including: Working on trading is a way of working on yourself. As you work on the trading, it forces you to deal with pressure in certain ways, and it improves you as a person. (Brett N. Steenbarger, PhD) What makes a great trader? I start by looking for two qualities: personal responsibility and commitment. People who have these qualities are easy to coach to greatness. (Van K. Tharp, PhD) Trading is not an ordinary profession, and traders do not lead ordinary lives. It is possible to survive as a trader, but you cannot thrive as a trader if you are not willing to stretch. (Adrienne Laris Toghraie, MNLP,MCH) Some traders have found an edge in an area that until recently generally was considered nothing more than hocus pocus: sentiment. When combined with fundamental and technical factors, sentiment can be a powerful tool for analyzing stocks, sectors, or the market overall. (Bernie Schaeffer) The market is a stern mistress whose greatest tool is in teaching human beings an appreciation for humility - a unique trait for a group of people who spend their days waiting patiently for an opportunity to kill. (John F. Carter) Most traders fail at trading for the same reason that dieters fail to lose weight. It is much easier to initiate directed effort than to sustain it. (Brett N. Steenbarger, PhD and Doug Foster II) It is inevitable that investors will experience loss and fear, frustration and self-doubt; but it is how these events are perceived and managed that determines a place among the ninety percent majority or ten percent of profitable investors. (Mike Elvin, PhD)

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Pages N/A
Published July 23, 2007
ISBN 127691769
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Laura Sether
About the Author
Laura Sether

After spending years working in the corporate world, Laura Sether finally decided to pursue a lifelong passion for writing. They currently reside in a quiet suburb where they spend most of their time outlining new stories, reading extensively, and occasionally attempting to bake.

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Honestly one of the most premium reading experiences lately. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. I am now a lifelong fan of this author.
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Honestly one of the most premium reading experiences lately. The author orchestrated a breathtaking finale. Truly a work of art. A true literary gem.
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Nancy Robinson
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Honestly one of the most premium reading experiences lately. I adored how the story unfolded. It kept me captivated without sacrificing elegance. A true literary gem.
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Melissa Robinson August 11, 2024
A profoundly satisfying read. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. I will undoubtedly revisit this masterpiece.
Brian Mitchell
Brian Mitchell May 30, 2024
Masterpiece from start to finish. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. An absolute must-read for connoisseurs of the genre.
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Such a rich narrative. The prose is exquisite. It’s accessible yet undeniably sophisticated. I am now a lifelong fan of this author.
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A highly sophisticated read. A brilliant concept executed with flair. Just a few pacing choices I would change. A solid 4 stars from me.
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I was completely blown away. I became deeply invested in the protagonist's journey. A masterclass in storytelling. An effortless 5 stars.
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Exceeded all my expectations. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. Worth every moment spent reading.
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A very strong entry. It held my rapt attention, even when certain twists were telegraphed. A wonderful companion for a quiet weekend.
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Such a rich narrative. The author orchestrated a breathtaking finale. Truly a work of art. An absolute must-read for connoisseurs of the genre.
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An acceptable diversion. The tempo was somewhat languid, and I found my mind wandering. Not poor, simply average. Perhaps more aligned with a different audience's tastes.
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Honestly one of the most premium reading experiences lately. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. An effortless 5 stars.
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Masterpiece from start to finish. The prose is exquisite. It’s accessible yet undeniably sophisticated. An effortless 5 stars.
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Honestly one of the most premium reading experiences lately. I adored how the story unfolded. It kept me captivated without sacrificing elegance. I am now a lifelong fan of this author.
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Masterpiece from start to finish. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. An effortless 5 stars.
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Absolutely brilliant. The author orchestrated a breathtaking finale. Truly a work of art. A true literary gem.
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Such a rich narrative. I adored how the story unfolded. It kept me captivated without sacrificing elegance. I am now a lifelong fan of this author.
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Mary Baker January 17, 2024
Honestly one of the most premium reading experiences lately. I became deeply invested in the protagonist's journey. A masterclass in storytelling. A true literary gem.
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A highly sophisticated read. The protagonist was compelling, though some subplots felt slightly overshadowed. A wonderful companion for a quiet weekend.
Sandra Thomas
Sandra Thomas April 01, 2025
Excellent, though slightly flawed. The middle had a deliberate pace, but the climax was phenomenal. Quite impressive overall.
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Brian Walker December 29, 2024
Exceeded all my expectations. I became deeply invested in the protagonist's journey. A masterclass in storytelling. I am now a lifelong fan of this author.
Gary Rivera
Gary Rivera July 01, 2024
Masterpiece from start to finish. I became deeply invested in the protagonist's journey. A masterclass in storytelling. I will undoubtedly revisit this masterpiece.
Carol Nelson
Carol Nelson April 15, 2025
Took a moment to build, but the payoff was spectacular. The middle had a deliberate pace, but the climax was phenomenal. A solid 4 stars from me.
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Not entirely to my refined tastes. Certain acts were fascinating, while others felt like a slight endeavor to complete. Perfectly average.
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A very strong entry. Beautiful writing, though I craved slightly more depth in the lore. Still, undeniably engaging. I would highly recommend this to discerning readers.
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A highly sophisticated read. The middle had a deliberate pace, but the climax was phenomenal. I would highly recommend this to discerning readers.
Linda Garcia
Linda Garcia July 24, 2024
Masterpiece from start to finish. I adored how the story unfolded. It kept me captivated without sacrificing elegance. A true literary gem.
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Donald King April 24, 2024
I was completely blown away. I adored how the story unfolded. It kept me captivated without sacrificing elegance. I am now a lifelong fan of this author.
Dorothy Martinez
Dorothy Martinez July 27, 2025
I was completely blown away. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. I will undoubtedly revisit this masterpiece.
Stephanie Lee
Stephanie Lee January 06, 2024
Absolutely brilliant. I adored how the story unfolded. It kept me captivated without sacrificing elegance. I will undoubtedly revisit this masterpiece.
Robert Hill
Robert Hill December 01, 2025
Such a rich narrative. I became deeply invested in the protagonist's journey. A masterclass in storytelling. An effortless 5 stars.
Brian Young
Brian Young June 01, 2025
Such a rich narrative. The prose is exquisite. It’s accessible yet undeniably sophisticated. I am now a lifelong fan of this author.
Lisa Robinson
Lisa Robinson March 23, 2024
Masterpiece from start to finish. The prose is exquisite. It’s accessible yet undeniably sophisticated. An absolute must-read for connoisseurs of the genre.
Kimberly Wright
Kimberly Wright September 13, 2024
Not entirely to my refined tastes. It possessed moments of brilliance, but the narrative felt slightly disjointed ultimately. Perhaps more aligned with a different audience's tastes.
Sandra Thompson
Sandra Thompson May 22, 2025
Masterpiece from start to finish. I adored how the story unfolded. It kept me captivated without sacrificing elegance. I am now a lifelong fan of this author.
Edward Rivera
Edward Rivera January 30, 2025
A decent, if standard, experience. It verged on repetitive in the second act. A more concise edit would have served it well. Perfectly average.
Deborah Hill
Deborah Hill August 21, 2025
Masterpiece from start to finish. The author orchestrated a breathtaking finale. Truly a work of art. A true literary gem.
Brian Thompson
Brian Thompson September 29, 2024
Honestly one of the most premium reading experiences lately. The author orchestrated a breathtaking finale. Truly a work of art. Worth every moment spent reading.
Lisa Evans
Lisa Evans June 07, 2024
Took a moment to build, but the payoff was spectacular. It held my rapt attention, even when certain twists were telegraphed. A very distinguished novel.
Kimberly Moore
Kimberly Moore December 10, 2024
Absolutely brilliant. The prose is exquisite. It’s accessible yet undeniably sophisticated. Worth every moment spent reading.
Karen Smith
Karen Smith September 02, 2025
An acceptable diversion. It possessed moments of brilliance, but the narrative felt slightly disjointed ultimately. Perfectly average.
Barbara Rivera
Barbara Rivera January 04, 2025
Excellent, though slightly flawed. It held my rapt attention, even when certain twists were telegraphed. Quite impressive overall.
Carol Jones
Carol Jones March 21, 2025
Exceeded all my expectations. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. I will undoubtedly revisit this masterpiece.
Deborah Clark
Deborah Clark October 30, 2024
Excellent, though slightly flawed. The protagonist was compelling, though some subplots felt slightly overshadowed. I would highly recommend this to discerning readers.
Linda Torres
Linda Torres August 08, 2024
Took a moment to build, but the payoff was spectacular. The protagonist was compelling, though some subplots felt slightly overshadowed. A wonderful companion for a quiet weekend.
Emily Diaz
Emily Diaz May 30, 2024
I was completely blown away. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. An effortless 5 stars.
Patricia Wright
Patricia Wright September 24, 2024
Exceeded all my expectations. I became deeply invested in the protagonist's journey. A masterclass in storytelling. I am now a lifelong fan of this author.
John Jackson
John Jackson April 11, 2024
I was completely blown away. The prose is exquisite. It’s accessible yet undeniably sophisticated. I will undoubtedly revisit this masterpiece.
David Johnson
David Johnson September 21, 2024
Exceeded all my expectations. I became deeply invested in the protagonist's journey. A masterclass in storytelling. An absolute must-read for connoisseurs of the genre.
Laura Turner
Laura Turner August 10, 2025
A profoundly satisfying read. I adored how the story unfolded. It kept me captivated without sacrificing elegance. An absolute must-read for connoisseurs of the genre.
Michael Gomez
Michael Gomez February 11, 2024
A very strong entry. A brilliant concept executed with flair. Just a few pacing choices I would change. A very distinguished novel.
Ryan Edwards
Ryan Edwards June 28, 2024
A highly sophisticated read. The protagonist was compelling, though some subplots felt slightly overshadowed. I would highly recommend this to discerning readers.
George Clark
George Clark December 15, 2024
Honestly one of the most premium reading experiences lately. The author orchestrated a breathtaking finale. Truly a work of art. I will undoubtedly revisit this masterpiece.
Richard Flores
Richard Flores July 14, 2024
Masterpiece from start to finish. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. An absolute must-read for connoisseurs of the genre.
Karen Thompson
Karen Thompson August 13, 2024
Absolutely brilliant. I adored how the story unfolded. It kept me captivated without sacrificing elegance. I am now a lifelong fan of this author.
Margaret Mitchell
Margaret Mitchell November 17, 2024
Masterpiece from start to finish. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. A true literary gem.
Sandra White
Sandra White October 02, 2025
A highly sophisticated read. The protagonist was compelling, though some subplots felt slightly overshadowed. A solid 4 stars from me.
Elizabeth Lee
Elizabeth Lee July 19, 2024
A profoundly satisfying read. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. I will undoubtedly revisit this masterpiece.
Kimberly Walker
Kimberly Walker June 22, 2024
Exceeded all my expectations. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. I am now a lifelong fan of this author.
Kimberly Brown
Kimberly Brown September 10, 2025
A highly sophisticated read. The middle had a deliberate pace, but the climax was phenomenal. I would highly recommend this to discerning readers.
Dorothy Flores
Dorothy Flores April 13, 2025
It was adequate. The tempo was somewhat languid, and I found my mind wandering. Not poor, simply average. A fair 3 stars.
Sharon Wilson
Sharon Wilson October 13, 2025
Absolutely brilliant. I adored how the story unfolded. It kept me captivated without sacrificing elegance. An absolute must-read for connoisseurs of the genre.
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