Trade Mindfully: Achieve Your Optimum Trading Performance with Mindfulness and "Cutting Edge" Psychology

310 Pages·2014·4.93 MB·English

by  Gary Dayton

Additional Praise for Trade Mindfully: Achieve Your
Optimum Trading Performance with Mindfulness
and Cutting-Edge Psychology
“I have had the good fortune to work with Dr. Gary Dayton over the last 10 years
and I have recommended his work to thousands of our TradeGuider customers. The
importance of mindfulness when taking a position in the markets is little understood
by many retail traders and investors. Dr. Gary’s ground breaking book will be an
inspiration to anyone that studies it. The most important thing to understand about
Dr. Gary is that not only is he an expert in the fi eld of trading psychology, he is also a
real trader who has been through the journey required to fi nally master the markets
and understand the game on Wall Street. I highly recommend you read this book and
use the extensive knowledge conveyed brilliantly by Dr. Gary to take your trading
and investing to a higher level.”
—Gavin Holmes, Chief Executive Offi cer, TradeGuider Systems
International; author of Trading in the Shadow of the Smart Money
“Regardless of the chosen methodology, as traders struggle with anxiety and fear,
their actions undermine their trade plans and best interests. In Trade Mindfully: Achieve
Your Optimum Trading Performance with Mindfulness and Cutting-Edge Psychology, Dr. Gary
Dayton thoroughly explains why attempts at correcting erratic trading behavior by
controlling thoughts and emotions do not work. He recommends practicing mind-
fulness combined with the latest performance psychology to resolve these com-
plex issues. Dr. Gary Dayton states that mindfulness is one of the most powerful
skills all traders would be wise to acquire. I found this innovative book to be a
well-researched, invaluable resource for developing the mental skills necessary to
achieve trade mastery.”
—Ron Rossway, President, Denver Trading Group
“In Trade Mindfully, Dr. Gary Dayton uses real-world examples to explain how men-
tal traps sabotage traders from achieving the results they desire. Using forms and
practical checklists, he then develops the foundation to build your own structured
process for success. Trade Mindfullyy serves as an eff ective handbook for changing
your thinking about the importance of emotions and how to work with them—not
against them.”
—Corey Rosenbloom, CMT, President of AfraidToTrade.com;
author of The Complete Trading Course

T M
RADE INDFULLY
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and understanding.
T M
RADE INDFULLY
Achieve Your Optimum Trading Performance with
Mindfulness and Cutting-Edge Psychology
Gary Dayton, Psy.D.
Design Credit: Wiley
Cover Image: top: © istock.com/Mak_Art;
bottom: © istock.com/agsandrew
Copyright © 2015 by Gary Dayton. All rights reserved.
Published by John Wiley & Sons, Inc., Hoboken, New Jersey.
Published simultaneously in Canada.
Charts created using TradeStation. ©TradeStation Technologies, Inc. 2001-2014. All rights reserved. No
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Library of Congress Cataloging-in-Publication Data:
ISBN 978-1-118-44561-7 (Paperback)
ISBN 978-1-118-99097-1 (ePDF)
ISBN 978-1-118-99103-9 (ePub)
Printed in the United States of America.
10 9 8 7 6 5 4 3 2 1
To Ning, with all my love,
To my parents, with gratitude,
and
To all traders who have struggled with trading’s mental challenges—
which is to say, all of us