Table of Contents

Acknowledgments ix

About the Author xi

Introduction 1

Part I Understanding Your Mind 7

Chapter 1 Traders’ Mental Blind Spots 9

Chapter 2 Strong Emotions in Trading 35

Chapter 3 The Struggle to Control and Eliminate Emotions 59

Chapter 4 The Necessity of Emotions in Trading 79

Part II Using Cutting-edge Psychology 95

Chapter 5 The Traders’ Psychological Edge Lies in a Different Kind of Thinking 97

Chapter 6 Practice Mindfulness, Trade Mindfully 121

Chapter 7 Defusion: An Advanced Mindfulness Skill 145

Chapter 8 Acceptance and Committed Trading 171

Part III Maximizing Your Trading Performance 203

Chapter 9 The Trading Psychology Process: High-Quality Preparation 205

Chapter 10 The Trading Psychology Process: Effective Execution 231

Chapter 11 The Trading Psychology Process: Constructive Self-Assessment 251

Chapter 12 Final Thoughts 273

References 277

Index 285

About the Author

GARY DAYTON, Psy.D., is a psychologist, trader, andpresident of Peak Psychology, Inc., a consulting firm thatspecializes in developing peak performance in traders.