| The
Mentally Tough Online Trader : A Sanity Guide for the Totally Wired
Investor
 Authors: Robert Koppel, Kenneth R. Johnson
Publisher: Dearborn Trade (August 2000)
Format: Hardcover - 233 pages
ISBN: 0793138094
List Price: $35.00
With the rapid development of technology, sophisticated
analytic and execution software, high-speed, real-time data availability
combined with the electronic connections between markets, the traditional
stresses of traders are magnified a million-fold. Now more than ever, the
mental tools long used by professional traders are critical to the success of
those looking to join the growing ranks of electronic day traders.
For the first time, master trader and nationally renowned
author Robert Koppel brings his proven psychological insights for traders to
the expanding electronic day trading frontier. According to Koppel, there can
be disastrous results for traders without appropriate grounding, preparation
and attitudes related to risk-taking, discipline, confidence, certainty and
opportunity.
Make no mistake: Optimizing the trader's psychological
preparation is the key to achieving bottom-line results. In no-nonsense terms,
Koppel brings the proven trading strategies of nearly 30 years to a radically
changing market. He shares these secrets:
- how to succeed in the new electronically connected trading
markets
- tactics for traders to filter out non-essential market
data
- strategies to overcome the challenges of screen-based
trading
- actions and attitudes that create positive results and
optimize the game
Koppel also taps some of the most successful and
"mentally tough" day traders to share their proven secrets and
psychological strategies for winning in the brutal electronic day trading
environment.
MadDog's Opinion: More great mental fodder from
Robert Koppel. Once again, the interviews with traders provide the benefit of
this title.
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