Trade With Passion and Purpose: Spiritual, Psychological, and Philosophical Keys to Becoming a Top Trader Hardcover – 5 April 2007

Ich schreibe wirklich nur sehr wenige Rezessionen - und dann auch nur über Bücher, die mich weitergebracht haben. Dies hier ist eines davon.Mark Whistler hat ein Meisterwerk geschaffen.Bevor Sie weiterlesen: wenn Sie ein Fan von Jim Cramer sind (die soll es tatsächlich geben) oder von Krawall-Trading, dann können Sie aufhören.Wenn Sie aber mehr über das Trading abseits von Charts erfahren wollen (wie in Van Tharps "Trading beyond the Matrix" oder in Mark Douglas' "The Complete Trader"), dann ist dieses Buch Zucker für Sie - und ein Riesenschritt für Ihr Trading.Beim Lesen habe ich oft genickt, weil Whistler auf genau die Probleme eingeht, die einen früher oder später heimsuchen werden. Er schreibt schonungslos von seinen eigenen Fehlern, schlägt Brücken zur Psychologie und Philosophie.Bevor Sie nutzlose Stunden in irgendwelchen Trading-Chats verbringen, Ihre Meinung äußern (oder noch schlimmer auf andere hören), investieren Sie ein wenig Geld und Zeit in dieses Buch.Es lohnt sich!

There are lots of tips and techniques not seen in other books. It covers everything you need to know.This book along with Trade Mindfully by Gary Dayton are the only trading psychology books you need.I've read them all, Van Tharp, Elder, Douglas.This is more comprehensive and useful than all of them. You will have to read it a few times.

This book should be read by every market trader. It brings the investor to look within himself to find the path to success. When is the right time to pull the trigger and buy or sell that stock? Is fear driving us to make bad decisions? Like the mythological Greek figure Sisyphus, are we destined to repetitively pushing a boulder up a hill, only to watch it roll back down for eternity? Whistler explains that the boulder and the hill won't change. Only you can change yourself and figure out how to make that boulder stay at the top of the hill.The book first lays the groundwork to looking within to determine your goals and then to find the answers. It explains Eastern philosophies of Morita therapy and dogma, and overlays that with Western psychology, all in an easy to read and easy to comprehend style that is applicable right now to both trading or everyday life.Self honesty, self esteem, emotional intelligence, ego, humility, pride, courage, fear, and greed clearly have everything to do with success in the markets, and Whistler helps the reader come to grips with himself. This is the edge any trader needs to maneuver through the markets against predators successfully.This is the third book I have read by Mark Whistler and it amounts to his best work yet. It is very easy to read and I find myself inspired from every single page. Typically technical books don't have me yearning to read the next page, but Whistler has the unique ability to make it feel as if I am reading my own story. He's been through it all and isn't afraid to admit his failures. This book is the best investment for anybody that is fighting their way back once they realize that fear is already influencing their decisions negatively. I know I am a better trader after reading this book and look forward to the next in his arsenal.

Great Book on Life and Trading

This book fills in the huge gap that most other trading and investing books completely miss:YOU. You are the most important element in trading. If you are not mentally tough, disciplined, have a good work ethic, and able to deal with stress, NO trading system or plan will work for you. If you are all of the above mentioned things you will be successful at almost any system that gives you an advantage over the market. This book asks you to write down the purpose behind your trading. Why are you trading? This defined purpose will keep you on track. It asks you to have confidence in your abilities after you have done the necessary work to be a trader. Successful traders must have healthy self esteem and be honest with themselves."People with egos want to look good,self esteem comes from being good". The book really focuses on how to think correctly as a trader. Trade in the present, leave emotional baggage behind in your trading just keep the lessons. You will learn ways to manage your fear. You will read about ways to manage anxiety and stress while trading. One of the underlying themes in the book is cause and effect. You must take responsibility for trading decisions, it is not the markets fault or "them", you made the decision to buy or sell and you must accept the outcome of your decisions as your own. This book is all about managing your emotions, stress, and thoughts while trading. This book is all about you and me, the most important element in any trading plan. I highly recommend reading this book to become a better trader, no matter where you are on your journey to success in the markets.