Brain Hacks For Traders

This audiobook is narrated by a digital voice. Your brain is your biggest barrier to success in the markets. It doesn’t have to be this way. Discover ingenious techniques to overcome fear, greed, and the cognitive biases that are sapping your profit potential. Trading should be easy, but sometimes our brains make it tough. It’s not our fault, evolution has hard-wired us to fail in the markets. Fear, greed, and other destructive emotions harass us into making poor decisions. Most trading teachers will tell you to “run your winners and cut your losses,” and “banish fear and greed to succeed.” Great advice, but it’s as useful as saying “if you want to quit smoking, stop putting cigarettes in your mouth”. If only it was that easy! Anyone who trades knows it can be hard to take a loss or to run a winner. That’s because your brain is working against you when you trade. Fear and greed are two of its biggest weapons, and it won’t hesitate to deploy them against your best efforts to turn a profit. But what would happen if, instead of hampering your trading, your fear and greed worked for you? What if you could harness their power and use them for good? Trading would become stress-free, and bigger profits would follow. In this groundbreaking book, Harvey Walsh goes further than ever before in deconstructing the evolutionary developments and learned behaviours that have programmed us for failure in the markets. Armed with that information, he has developed a series of brain hacks - simple yet powerful tricks and techniques anyone can use to turn around their built-in disadvantages and use them to supercharge their trading. Brain Hacks For Traders is perfect for traders working in any market and any time frame. Scalpers, day traders, and swing traders will all benefit. The techniques in the book apply to any instrument too, be it stocks, futures, forex, options, or commodities. Give yourself an edge: hack your brain and take your trading and your profits to the next level.