The Psychology of Traders: Secrets and Mindset for Making a Living Trading Shintaro Nagao / Emiko Yamashita / Van K. Tharp List Price: ¥ 2800 "The Psychology of Traders" Table of Contents Part 1: The Most Important Factor for Your Success: It's "You"! • Chapter 1: The Truth About the Holy Grail Legend • The metaphor of the Holy Grail and what's truly important in trading. • Chapter 2: Biases That Lead to Misjudgment • Explaining the psychological traps that make it difficult for many people to win in the market. • Chapter 3: Setting Goals • Clarifying your own objectives and finding a trading style that suits you. Part 2: Conceptualizing Your Trading System • Chapter 4: Steps for System Development • Steps to build your own trading system. • Chapter 5: Selecting Excellent Concepts • Examining effective concepts such as trend following and arbitrage. • Chapter 6: Trading Expectancy • The concept of "expectancy," which is more important than "win rate." Part 3: Understanding the Key Elements of Your System • Chapter 7: Utilizing Setups • Preparation for identifying trading opportunities. • Chapter 8: Entry Timing • Actually not that important? The role of entry. • Chapter 9: Stops to Protect Your Capital (Stop-Loss) • Physical and psychological stops to protect your assets. • Chapter 10: Exit Strategies for Taking Profits • How to maximize profits. Part 4: Putting It All Together • Chapter 11: Position Sizing (Money Management) • The most core part of this book. How to determine your "bet size" to avoid bankruptcy and achieve your goals. • Chapter 12: Conclusion • The final mindset for making a living trading. Key Points of the Book Dr. Tharp, the author, states that **"80% of trading success lies in psychology (mindset) and money management (position sizing)."** This book teaches you how to move beyond the "Holy Grail search" of constantly looking for methods (entry) and instead how to calmly operate a system with a probabilistic edge. #ShintaroNagao #Shintaro_Nagao #EmikoYamashita #Emiko_Yamashita #VanKTharp #Van_K_Tharp #Book #Society/Economics and Finance