Bruce Bower On Peak Performance Trading by Brandon, Trading Story
Emerging market trader, Bruce Bower, shows us how psychology and plans play an important part in trading.
Bruce Bower is an emerging markets trader who has plied his trade in hedge funds in Moscow and London. Now he’s trading his own account. And he’s written about it on his blog, How of Trading and how to do it yourself with his book, Peak Performance Trading & Investing. We had a very useful discussion for newer traders, especially on trading psychology.
Best Trading Advice
“When there’s nothing to do, do nothing”.
Podcast Highlights
- Following the advice of those that came before you in the trading field
- Sticking to your trading plan
- What’s your trading methodology?
- Focusing on the process more than the results
- Keeping focused helps keep emotions out
- The mental aspect of trading
From the Trader’s Story
“Even if you have a plan it takes time to trust it and the best way to grow to trust just to learn how to stick to it”.
“You can’t become successful at (trading) if you don’t like it. You need the passion and curiosity to fuel you”.
“To some extent, our results are out of our hands”.
“The mental game is really one of the things that helps you take yourself from someone who is skilled and who knows how to do everything all the basic skills, to the next level”.
“If you are going to be a top performer in the markets then you should be using all of the tools you can to help you get to that next level”.
See full article here.
Peak Performance Trading And Investing – Description
Peak Performance Trading And Investing by Mr. Bruce Bower
“Peak Performance Trading & Investing” is a clear road map for both traders and investors seeking success in any market and on any time frame. Key Benefits 1. You’ll learn the nuts and bolts at the heart of any successful methodology, whether you are an intraday trader or a long-term investor 2. A new understanding of risk that will help you to design a workable trading system, no matter what your objectives are. 3. The three-step process for a trader or investor—how to move seamlessly from a plan to execution and constant improvement 4. How to prepare yourself so that you know the right decision to make and how to execute it flawlessly, every time 5. How to identify errors in your plan or your execution and how to fix them 6. The advanced psychological tools, used by peak performers from all walks of life, to help you feel calm, confident and in the zone About the Author Bruce Bower has been interested in the markets since he was a kid. Right out of college, he landed his dream job at a bank as a trader…only to suffer big losses in his first year. Despondent, he resolved never to lose again. He plunged into deep research and discovered the field of “Elite Performance” a decade ago. He quickly recognized its applicability to the professional world of investing and trading. This book takes you on Bruce’s journey as he learns the nuts and bolts of elite performance, encompassing topics as varied as probability, process and psychology. After testing out many different ideas, he formulated this new approach, which enabled him to become a very successful fund manager. Now you too can profit from Bruce’s research and see how it applies to your own trading and investing, regardless of your style, approach or experience. “Peak Performance Trading & Investing” is a synthesis of his ideas on the topic and is an invaluable read for anyone serious about tackling the financial markets and turning into an elite performer.
Peak Performance Trading And Investing by Mr. Bruce Bower
