Preface

It always surprises me that, after 21 years in the business of working on trader discipline, I would have more to write about. But traders never fail me with the material they offer. Even if some of the information has been said before in another way, very often this new approach will be beneficial for a new understanding.

On a larger note, wherever you are in your ability as a trader, there is always room to grow. There is an old adage “When the student is ready, the teacher arrives.” What I have found to be true is that, “When the student is ready, he will hear the words from a teacher in a way that he has never heard them before.” There have been many times when a client will write to me and say, “My trading improved dramatically after we worked together, but that article you just wrote took it to a new level.”

Trading On Target is about overcoming the self-imposed limitations that keep traders from the next level of success. With each trader who I have worked with privately, I have grown in my skills as a trader's success coach. These skills have led to new insights, which are the basis of this book.

The way traders approach the markets has changed over the years because of new technology. Also, traders are now more inclined to accept the psychology of trading without feeling threatened. For this reason, in this book I can be more straightforward in how I present this material.

One of the main differences in the way traders think about the psychology of trading, from ...

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