Steven Goldstein

Trader Performance Coach, Executive Coach. Investment Bank Trader for 25yrs. Co-host of the AlphaMind Podcast. If it’s not AlphaMind101, it’s not real.

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Book Recommendations:

SG

Recommended by Steven Goldstein

Jared Tendler @jaredtendler has jumped codes from professional gambling and pro-golf to trader coaching with great success. His book 'The Mental Game of Trading' has inspired many. 🎧https://t.co/eBU12kxKQL 📺https://t.co/hmt2OlIM3P 8/17 (from X)

A step-by-step system for mastering trading psychology.Think about your most costly and recurring trading mistakes. Chances are that they’re related to common errors, such as chasing price, cutting winners short, forcing mediocre trades, and overtrading. You’ve likely tried to fix these errors by improving your technical skills, and yet they persist. That’s because the real source of these mistakes is not technical—they actually stem from greed, fear, anger, or problems with confidence and discipline.If you are like most traders, you probably overlook or misunderstand mental and emotional obstacles. Or worse, you might think you know how to manage them, but you don’t, and end up losing control at the worst possible time. You’re leaving too much money on the table, which will either prevent you from being profitable or realizing your potential.While many trading psychology books offer sound advice, they don’t show you how to do the necessary work. That’s why you haven’t solved the problems hurting your performance. With straight talk and practical solutions, Jared Tendler brings a new voice to trading psychology. In The Mental Game of Trading, he busts myths about emotions, greed, and discipline, and shows you how to look past the obvious to identify the real reasons you’re struggling.This book is different from anything else on the market. You’ll get a step-by-step system for discovering the cause of your problems and eliminating them once and for all. And through real stories of traders from around the world who have successfully used Tendler’s system, you’ll learn how to tackle your problems, improve your day-to-day performance, and increase your profits.Whether you’re an independent or institutional trader, and regardless of whether you trade equities, forex, or cryptocurrencies, you can use this system to improve your decision-making and execution. Finally, you have a way to reach your potential as a trader. Now’s the time to make it happen.

SG

Recommended by Steven Goldstein

Great to see @morganhousel’s book The Psychology of Money, audio version has achieved 100,000 downloads in just a few months. We were delighted to interview Morgan at the time of the release. You can hear the interview here👇 🎧https://t.co/zVuAZ3m1MN 📺 https://t.co/m1kbZEi2hv https://t.co/hiEIlBiJF1 (from X)

Over 5 million copies sold around the world. The original book from Morgan Housel, the New York Times bestselling author of Same As Ever. Doing well with money isn't necessarily about what you know. It's about how you behave. And behavior is hard to teach, even to really smart people. Money – investing, personal finance, and business decisions – is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don't make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life's most important topics.

SG

Recommended by Steven Goldstein

Speed-reading means nothing unless you not only comprehend what you are reading but also retain the information. Anyone who must read, retain, and comprehend vast amounts of material for their schooling or profession must let Katya Seberson guide them along the way. She has studied and mastered her craft and her knowledge never ceases to amaze me. This book should be required reading for every serious student and professional. (from Amazon)

Fly through books with this essential speed reading guide. Faster reading is possible without sacrificing understanding―and this handbook will get you up to speed. Learn the most effective speed reading techniques for your personal strengths and challenges, and make visible progress through a series of engaging exercises. Choose from a variety of strategies and practices proven to advance speed and improve reading comprehension. The integrated exercises help develop your skills, allowing you to read quickly―and still enjoy every word. Whether you're reading an entertaining novel or a challenging textbook, this speed reading guide will help you sail right through. In Essential Speed Reading Techniques, you'll find: Achievable goals―Improve your speed by setting realistic goals based on your own individual baseline.Track your improvement―Assess your progress with self-tests for knowledge retention, smooth eye movement, and more.Tips and tricks―Discover speed reading strategies to minimize rereading, focus your attention, and reduce eyestrain from screens.With the personalized strategies in Essential Speed Reading Techniques, boosting your speed and reading comprehension will be a breeze.

SG

Recommended by Steven Goldstein

'The Behavioral Investor' is Daniel Crosby's brilliant new book which looks at how professional investors can improve and enhance their performance by better understanding the way their brains influence their behaviours and affects their investment practice. (from Amazon)

The Behavioral Investor book cover

by Doctor Daniel Crosby·You?

From the New York Times bestselling author of the book named the best investment book of 2017 comes The Behavioral Investor, an applied look at how psychology ought to inform the art and science of investment management. In The Behavioral Investor, psychologist and asset manager Dr. Daniel Crosby examines the sociological, neurological and psychological factors that influence our investment decisions and sets forth practical solutions for improving both returns and behavior. Readers will be treated to the most comprehensive examination of investor behavior to date and will leave with concrete solutions for refining decision-making processes, increasing self-awareness and constraining the fatal flaws to which most investors are prone. The Behavioral Investor takes a sweeping tour of human nature before arriving at the specifics of portfolio construction, rooted in the belief that it is only as we come to a deep understanding of “why” that we are left with any clue as to “how” we ought to invest. The book is comprised of three parts, which are as follows: - Part One – An explication of the sociological, neurological and physiological impediments to sound investment decision-making. Readers will leave with an improved understanding of how externalities impact choices in nearly imperceptible ways and begin to understand the impact of these pressures on investment selection. - Part Two – Coverage of the four primary psychological tendencies that impact investment behavior. Although human behavior is undoubtedly complex, in an investment context our choices are largely driven by one of the four factors discussed herein. Readers will emerge with an improved understanding of their own behavior, increased humility and a lens through which to vet decisions of all types. - Part Three – Illuminates the “so what” of Parts One and Two and provides a framework for managing wealth in a manner consistent with the realities of our contextual and behavioral shortcomings. Readers will leave with a deeper understanding of the psychological underpinnings of popular investment approaches such as value and momentum and appreciate why all types of successful investing have psychology at their core. Wealth, truly considered, has at least as much to do with psychological as financial wellbeing. The Behavioral Investor aims to enrich readers in the most holistic sense of the word, leaving them with tools for compounding both wealth and knowledge.