The Mental Game of Trading: A System for Solving Problems with Greed, Fear, Anger, Confidence, and Discipline

4.7 4.7 out of 5 stars | 763 ratings

Price: 17.46

Last update: 03-01-2025


About this item

A step-by-step system for mastering trading psychology.

Think about your most costly and recurring trading mistakes. Chances are that they're related to common errors, such as chasing price, cutting winners short, forcing mediocre trades, and overtrading. You've likely tried to fix these errors by improving your technical skills, and yet they persist. That's because the real source of these mistakes is not technical - they actually stem from greed, fear, anger, or problems with confidence and discipline.

If you are like most traders, you probably overlook or misunderstand mental and emotional obstacles. Or worse, you might think you know how to manage them, but you don't, and end up losing control at the worst possible time. You're leaving too much money on the table, which will either prevent you from being profitable or realizing your potential.

While many trading psychology books offer sound advice, they don't show you how to do the necessary work. That's why you haven't solved the problems hurting your performance. With straight talk and practical solutions, Jared Tendler brings a new voice to trading psychology. In The Mental Game of Trading, he busts myths about emotions, greed, and discipline, and shows you how to look past the obvious to identify the real reasons you're struggling.

This book is different from anything else on the market. You'll get a step-by-step system for discovering the cause of your problems and eliminating them once and for all. And through real stories of traders from around the world who have successfully used Tendler's system, you'll learn how to tackle your problems, improve your day-to-day performance, and increase your profits.

Whether you're an independent or institutional trader, and regardless of whether you trade equities, forex, or cryptocurrencies, you can use this system to improve your decision-making and execution. Finally, you have a way to reach your potential as a trader. Now's the time to make it happen.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

Please also note the contents of the PDF indicate a total of 315 pages but the PDF has only 40 pages. Per the provider, the PDF is complete.


Top reviews from the United States

  • JASON GEBAUER
    5.0 out of 5 stars If you are searching for books about trading psychology then you are in the right place.
    Reviewed in the United States on July 1, 2024
    The most important piece of developing your edge isnt obvious in the beginning, in fact,, developing an edge isnt obvious in the beginning. This book helped me overcome psychological barriers i did not know existed. It helped me to develop the right mindset to build and edge as a trader. When you truly are confident in your process it becomes natural to avoid tilt or going off the rails. This book is an essential part of developing your edge and making the turn from neg expectancy to positive expectancy (edge). Dont be fooled by gurus that tell you you can be the casino with a particular strategy, the casinos edge is guaranteed, think of yourself as a player with an advantage, but your edge isnt guaranteed, you have to maintain it because if one aspect of your edge isnt working then neither is your positive expectancy. This book helps to maintain the mindset needed to be aware of triggers that could send you off the rails. It is in my top 4 books.
  • Adam
    5.0 out of 5 stars Great Read
    Reviewed in the United States on December 5, 2024
    Must read for new traders
  • Mayra Alejandra
    5.0 out of 5 stars No B.S, straight to the point. READ THIS if you seriously want to be a full time trader.
    Reviewed in the United States on February 15, 2023
    So i've been trying to find a no b.s book that can get to the root of my mental flaws when trading. I've felt like my technical skills are on point, its just that my mind often stands in the way of me and consistently making profits for me to make this my full time job.

    Wow, this book is amazing. I NEVER write reviews, seriously. I'm naturally a tough critic of all things in life, but when i bought this book, it changed so much for me. Please note, that i am actually listening to the audible and i think that helps a lot. It's like being in a 1 on 1 therapy session. It really resonates. This is not a book you read a chapter a night or anything. I recommend listening to 20-30 minutes a day, and then re-listening to it over and over again, creating bookmarks as you move thru it. I like to put on my headphones and listen to the audible version when walking the dog, or walking on the treadmill. Physical exercise + mental stimulation is a good combo especially when your life is trading. Anyways i'm rambling but seriously, buy this book, you won't regret it unless you don't want to face the real demons behind your under performance in trading. Good luck to all of you guys!
  • AJ
    5.0 out of 5 stars “The” trading psychology book? You bet!
    Reviewed in the United States on July 13, 2024
    I have read several books on trading psychology but definitely this is the best. Great books like Mark Douglas etc only tell you to control emotions, think on probabilities, etc. yeah sure that helps but it doesn’t even scratch the surface of the trading psychology problems we all face.
    Jared’s work is impressive. It is the best collection of trading issues that I’ve seen with actual practical ways to deal with them and get over with. I cannot attest for the book method yet as I am working thru it but I am sure that will work because with his guide you are able to get to the root of your problem rather than just “think in probabilities” stuff. I’d give it 10 stars if possible.
  • Amazon Customer
    5.0 out of 5 stars Reading the first chapter and already profiting
    Reviewed in the United States on June 9, 2024
    I purchased this book because I wanted help with what I thought my major problem was: hesitation and fear. And none of the other trading psychology books I purchased have helped in any meaningful way. Doing the first written exercise in the book I had the insight that my problem is not fear, it’s laziness. I have been neglecting the morning prep work, thinking I could just jump right in to the charts. Very happy to now be focused on implementing the steps to correct this.
  • Rob Kirk
    4.0 out of 5 stars It’s not an easy read.. but nothing worth doing well is easy
    Reviewed in the United States on October 2, 2021
    I have been a trader for many years. Mixed result so I am always looking for ways to improve. I’ve read a ton of trading books, studied for years, there isn’t much I haven’t seen. This book is one of the more complex trading psychology books I’ve ever read. I gave it 4 stars because it really is complicated. I need to read it again, at least 1 more time before I can get a great grasp.
  • Nolyn Valkcoeur
    5.0 out of 5 stars Highly Recommended: I now have a fighting chance of becoming the trader I’ve always wanted to be.
    Reviewed in the United States on April 25, 2021
    Highly recommended if only for the way it reframed how I think about my trading, how I view myself, and for the gift of seeing myself, my behaviors, and my emotions described on every page.

    The easiest (and probably most accurate) way for me to review this book is by allowing it to speak for itself with two quotes. The first describes my experience trading: "Trading is a unique test that can bring out your deepest fears, unresolved rage, and personal insecurities. These problems directly affect your execution and profitability, compelling you to take on too much risk, lock up profit prematurely, or chase losses, but they have nothing to do with trading."

    The second quote sums up the potential the process suggested by and detailed in the book holds for me: "I liken the process to chopping down a tree. You may want a chainsaw, but you get an ax. For some of you, the tree is large, you're weak, and the ax has a blunt edge. Over time, as you work the process, you get stronger, and learn how to sharpen your ax. Just like becoming a skilled trader, you have to put in a lot of work. There's no other way."

    To accurately review this book I'd need to do more than read it, I'd need to work it, which is exactly what I intend to begin doing. Just as trading offers the allure of quick riches, the reality is very different. And just as understanding mental game problems can be as easy as reading a book, addressing my mental habits to create effective and lasting change can take monumental effort. I suspect that finally I've been offered a map towards resolution that with diligent focus and a light touch will allow me to progress towards my goals and away from the nightmares that regularly sink me.

    I'll re-review once I've travelled down the path some.
  • Adrian
    5.0 out of 5 stars Scroll back up and press buy
    Reviewed in the United States on April 16, 2024
    I NEVER write reviews but thought this book deserves the time. If you are lazy, don't buy this book because it has exercises & if that's the case, maybe you shouldn't be trading. But if you want to improve on your mental game (even if its just 1 or 2 things you are struggling with), then scroll back up and buy the book. It will guide you to identify your flaws in more detail & show you how to work through them. So stop being lazy and put in the work to improve, or don't trade at all!

    • Best Sellers in

     
     

    The Thomas Sowell Reader

    4.9 4.9 out of 5 stars 962
    19.46
     
     

    Power Metal: The Race for the Resources That Will Shape the Future

    3.8 3.8 out of 5 stars 32
    15.75
     
     

    The Illusion of Money: Why Chasing Money Is Stopping You from Receiving It

    4.7 4.7 out of 5 stars 1,309
    14.95
     
     

    The Shock Doctrine: The Rise of Disaster Capitalism

    4.7 4.7 out of 5 stars 3,372
    14.99
     
     

    Secrets of Six-Figure Women: Surprising Strategies to up Your Earnings and Change Your Life

    4.7 4.7 out of 5 stars 1,593
    15.47
     
     

    The Ultimate Retirement Guide for 50+: Winning Strategies to Make Your Money Last a Lifetime

    4.6 4.6 out of 5 stars 6,014
    20.25
     
     

    The System: Who Rigged It, How We Fix It

    4.7 4.7 out of 5 stars 2,055
    13.78
     
     

    Offshore: Stealth Wealth and the New Colonialism

    4.1 4.1 out of 5 stars 69
    11.17