Higher Level Trading - 9780132947800

What does a trader who consistently outperforms the market do? This book will show you how to master the five stages/levels to becoming a master trader and investor. To become consistently successful, you must evolve through these five levels of experience, knowledge, and understanding. Now, decision-making expert Charles Faulkner explains what each of these levels is, so you can become more aware of the skills you need to become a true master at trading. Higher Level Trading draws on Faulkner's pioneering work modeling the behavior and psychology of true market wizards -- and using that knowledge to trade and coach other traders. He goes far beyond previous models of trader psychology, identifying five specific emergent levels/stages of trader/investor mental capabilities. These levels have far more to do with integrating and organizing market experience than with intelligence. They can be systematically encouraged and taught -- and this book does precisely that. For each level, Faulkner identifies common characteristics, time frames, trading styles, blind spots, opportunities, and more. He helps you understand where you are, perform more effectively at your current level, systematically improve, and accelerate your "experience curve." This book concludes by helping you create a complete "plan to mastery" that encompasses lifelong learning, interacting more effectively with others -- and enjoying your journey to breakthrough success.