The Daily Trading Coach

101 Lessons for Becoming Your Own Trading Psychologist

By: Brett N. Steenbarger

Narrated by: Joel Pierson

Every trader is an entrepreneur. And just as a new business must capitalize upon the strengths of its founders, a career in the markets crucially hinges upon the assets - personal and monetary - of the trader. As an active trader and a coach of traders in hedge funds, proprietary trading groups, and investment bank settings, author Brett Steenbarger has helped others see the personal assets they have possessed all along: those that can pay a lifetime of dividends.

In The Daily Trading Coach, Steenbarger provides the tools to help you prioritize both your trading goals and your life - and become your own trading psychologist.

There are 101 lessons in The Daily Trading Coach, each averaging several minutes in length. Each lesson follows the same general format: identifying an everyday challenge that traders face, an approach to meeting that challenge, and a specific suggestion for implementing that approach. The lessons cover a range of topics relevant to trading psychology and trading performance, including detailed instruction for utilizing psychodynamic, cognitive, and behavioral brief therapy methods to change problematic behavior patterns and instill new, positive ones. In addition, the book includes insightful self-coaching perspectives from 18 successful trading professionals who share their work online.

While the aim of the book is to help you become your own trading coach, its broader purpose is to help you coach yourself through life. The challenges and uncertainties you face in trading - the pursuit of rewards in the face of risks - are just as present in careers and relationships as in markets. The Daily Trading Coach provides a road map, and a practical set of insights and tools, for discovering and implementing the best within you.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2009 Brett N. Steenbarger (P)2012 Gildan Media

Interesting and dense

Very deep book, I recommend to listen to it carefully and even take notes. It takes a time to assimilate it but it is interesting

13 months into day trading

I'm 13 months into my learning before earning day trading career and this book absolutely covers the hundreds of study and screen time hours I've put in.... The book just nails the trading world and the book flows so well... I'll be listening again!

Great info probably best consumed in chunks

As another review noted, this may be one book where in retrospect might be better in physical print. The trading lessons should likely be consumed in pieces, and overtime. It's a lot to digest in one go. Kind of like reading Tools of Titans where one should pick relevant sections and study those before moving on to others.

This is a great adjunct to Mental Game of Trading for trading psychology. Although personally found Tendler's book more actionable - but to each his/her own.

The last chapter is basically just reading of Excel formulas, so as stated: likely better in physical print.

As an aside, kudos to the narrator! Particularly the chapter toward the end of various interviews where he was able to narrate each person with a different "voice". Very impressive!

great book, lots of helpful links

th content is great, resources are outdated tho. last chapter should have been a video.

Thomas Jefferson of trading psychology!!

Mastering and applying his work with resilience was all I needed to break through my old parents... Quit looking for more this is all you need if you Don't mind putting your excuses aside Just do the work Nobody's coming to save your Account! Be your own hero.

good fit for stock traders

I love a good psychology book and this book gives you what you need to do your research what should you do if you have a dilemma meditating all these things they describe in this book you can use as a tool kit for success in trading.

Brilliant

I enjoyed reading this book and am proud to now all myself my own Trading Psychologist. Thanks Brett!

Essential

an amazing read. an essential for any trader. worth the long hours. will read again 100%.

Great must read

One of the big puzzle pieces in trading psychology that you need in your journey.

Not what I expected

I was expecting this to be another trading book but this is more of a psychology book that applies to trading. I really enjoyed it.