Page 16 - THE MARKET WHISPERER

THE MARKET WHISPERER XV

Chapter 13 HOW TO GET READY FOR YOUR FIRST DAY 443
OF TRADING 445
445
Important Tips Before You Click the Button 446
for the First Time Ever 448
449
Starting Slowly 450
Making Millions… with a Demo 452
Preparing for the Day of Trading, Step by Step
How Much Time Should You Devote to Preparation?
What Direction Can the Market Be Expected to Go?
The Workday Components

Chapter 14 THE DEMONS ARE COMING! 455
Market Psychology 457
Behavioral Models 458
Are You Psychologically Suited to Trading? 461
Take Maximum Advantage of Your Tuition Fees 464
Succeeding…the Wrong Way 464
Handling Loss 465
Identifying Loss-Derived Behaviors 468
Know thy External Foe 469
And Know, Too, Thy Home-Grown Foe! 470
The Rules of Psychological Conduct 470
The Top Ten: 10 Things Failing Traders Say 472

Chapter 15 SPECIAL OCCASIONS, SPECIAL RULES 477
Prepare for the Expectable 479
The Last Day of the Week 479
Options Expiration Days 480
Interest Rate Day 486
End of Quarter Window Dressing 487
The Market at Year’s End 488
Holidays 489

Chapter 16 PREPAREDNESS AND EMPOWERMENT 493

The Fear of Taking Risks 495
Self-Confidence 495
Boosting Self-Esteem Through Internal Communication 496
External Communication 497
Aspiring to Be Powerful 498
Knowledge and Action 499
A Role Model 500
Believing in Success 501
Coping with Obstacles 503
Commitment to Success 504