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The Daily Trading Coach

101 Lessons for Becoming Your Own Trading Psychologist

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The Daily Trading Coach

Written by: Brett N. Steenbarger
Narrated by: Joel Pierson
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About this listen

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
Investing & Trading Hedge Fund Trading Coach
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What listeners say about The Daily Trading Coach

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This is a book I read over and over again!

This book has significantly improved my trading! I read a chapter every morning before I start trading.

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  • Overall
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best trading psychology book!

Read a quite a few trading psychology book, this one is definitely the best compared even to trading in the zone, it has vast details regards to all kinds of psychology analysis regards to trading and more importantly it has detailed how need to be done to over come it compared to other book just saying what it said, 6 stars!

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Lots of Information - Poorly compiled

This book is not for the novice trader. It has a wealth of information that is highly valuable. It talks about how to leverage data to improve trading, journaling and tracking, psychology and much more. However it misses the mark when it comes to organization and streamlining. A book that is supposed to teach you how to coach, overburdens the reader by providing too much material and stretches the reader thin. The book jumps from specific detailed information to non specific general recommendations. Themes seem to jump from journaling to data without any particular flow. The author seems to be too focused on sharing the information and maybe even hitting that 101 chapter mark. I think an advanced trader who is looking to improve specific sections of trading may make this valuable. However, I fear that the regular reader may get lost in the wealth of information and left feeling overwhelmed.

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1 person found this helpful