Recommended Mind Training Book Reviews
Below you'll enjoy a great list of recommended books reviewed by a professional trader mind training.


elder-fx-trading
Beat the Forex Dealer
Augustin Silvani - 2008
Reverse psychology or clever marketing ploy? We highly recommended it for exposing the “dirty little tricks” used by broker dealers on the other side of your trades. Unfortunately we couldn’t give it high marks because it is conflicted with the very strange perspective of a self described “manager of a successful currency fund” - MIGFX in Switzerland. Two reviewers, a mind trainer and a professional trader who traded 2M at MIG, give their thoughts on this book.
fx-kudos

elder-fx-trading
Come Into My Trading Room, Dr Alexander Elder
What an inviting title. In this book, Dr Elder shows us how to immunize ourselves against self-destructive psychological behavior, as he expands on his philosophy of Mind, Method and Money, weaving into the larger picture of balanced trading skills.
fx-kudos

tharp-fx
Financial Freedom Through Electronic Trading
by Van K Tharp Ph.D
Dr. Tharp's unique situation as a trader and a behavioral psychologist enables him to impart some very insightful, useful advice on training your mind for higher trading performance.
fx-kudos

Click to View
Maximizing Performance with Focus and Discipline
by Ari Kiev
An analysis of a trader’s psyche. Although trading is widely acknowledged as an art, albeit one that requires incredible innate intuition and feel for the markets, Kiev prescribes ‘getting into the zone’– a psychological state that one can create – for those aiming to achieve a higher level of performance. His anecdotes, case studies, interviews and tales of the ‘Master Trader’ are both instructive and insightful. A compelling read.

Click to View
The 21 Irrefutable Truths of Trading
232 pages by John Hayden
Strategies for traders to master the most important trading tool­­their minds. Psychology is 80% of the high-stakes trader's game. This book shows you how to become a winning trader by learning how not to lose. Divided into two parts, the first focusing on common strengths and weaknesses, the second on ways to enhance the strengths and control the weaknesses while trading.
fx-kudos

Click to View
Trade Your Way to Financial Freedom
Van K. Tharp
If you are asking yourself "How can I make a living from daytrading?" This book is for you. Excellent coverage of the 10 parts of trading system design: 1) Market Selection, 2) Market Direction, 3) Setups, 4) Market entry, 5) Protective stops, 6) Market reentry, 7) Taking profits, 8) Position sizing, 9) Portfolio selection, 10) Multiple systems.
fx-kudos

elder-fx
Trading For a Living Dr. Alexander Elder
Although this is an older title I consider it a classic in terms of being one of the first books to address methods for mental training when trading, timeless methods from a practicing psychiatrist and trader that still stand today.
fx-kudos




Reviews:

Book Review Home
About Our Reviewers
Review Feedback

A good book is one opened with expectation and closed with profit.
~ Amos Bronson Alcott

Contact Us