{"product_id":"the-traders-pendulum-isbn-9781118995570","title":"The Trader's Pendulum","description":"\u003cb\u003eThe new trader's guide to the business, psychology, and hype in trading\u003c\/b\u003e \u003cp\u003e\u003ci\u003eThe Trader's Pendulum + Website\u003c\/i\u003e is the ultimate toolkit for realizing your trading potential. Written by one of North America's leading trading coaches, this guide is designed to show aspiring traders how to design and implement a successful trading strategy by learning the psychological tricks behind solid trading philosophies. New and experienced traders alike will find value in The 10 Habits of Successful Traders, and come away equipped to navigate the real-life emotional-psychological effects of market chaos. You'll learn to embrace change and risk, and use it to your benefit as you climb out of the technical trap and stop riding the Trader's Pendulum between fear and greed. Based on the author's Elliott Wave and Harmonics expertise, this invaluable guide brings you a top-down approach to the market to help you maximize profit and minimize poor choices. The companion website gives you access to an interactive Trader's Scorecard, models for your 'business' and trading plan, The Trading Blotter, and a video synopsis of the all-important 10 habits.\u003c\/p\u003e \u003cp\u003eToday's global economy has forced people to search for a second cash flow stream to replace or supplement a primary income. It is more important than ever to have a reliable guide at your side, and this book gives you guidance and so much more.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eDevelop and follow a successful trading system\u003c\/li\u003e \u003cli\u003eMake more money while saving time and effort\u003c\/li\u003e \u003cli\u003eTreat trading like a business for lasting success\u003c\/li\u003e \u003cli\u003eUse change and risk to your benefit\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eStop chasing trends and listening to widely disseminated bad advice. \u003ci\u003eThe Trader's Pendulum + Website\u003c\/i\u003e is more than a guide—it's advice, examples, models, and more, giving you a practical roadmap to your online trading success.\u003c\/p\u003e \u003cp\u003eForeword ix\u003c\/p\u003e \u003cp\u003eAcknowledgements xi\u003c\/p\u003e \u003cp\u003eAbout the Author xiii\u003c\/p\u003e \u003cp\u003ePrologue: A Day in the Life of a Successful Trader xv\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I Introduction 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIntroduction: Riding the Trader’s Pendulum 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 The Successful Trader versus the Average Trader 9\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 The Technical Trader’s Trap 17\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Becoming an Entrepreneurial Trader-The Process 25\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePendulum Scenario 3.1: Fear versus Greed 31\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II Out of Hobby into Business Mode 37\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Habit #1: Establish a Trading Business for the Right Reasons 39\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePendulum Scenario 4.1: Get Rich Quick or Go Broke Quick 45\u003c\/p\u003e \u003cp\u003ePendulum Scenario 4.2: Realistic versus Unrealistic Trader 47\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Habit #2: Complete a Trader’s Business Plan 51\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePendulum Scenario 5.1: Clarity versus Muddled Thinking 58\u003c\/p\u003e \u003cp\u003ePendulum Scenario 5.2: Forgiving versus Angry Trader 61\u003c\/p\u003e \u003cp\u003ePendulum Scenario 5.3: Courage versus Conformity 63\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Habit #3: Define Your Goals 67\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePendulum Scenario 6.1: Taking Action versus Feeling Remorse 77\u003c\/p\u003e \u003cp\u003ePendulum Scenario 6.2: Enthusiastic versus Apathetic Trader 80\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III Becoming an Entrepreneurial Trader 83\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Habit #4: Commit to Your Education with a Trading Coach 85\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePendulum Scenario 7.1: Foresight versus Hindsight 91\u003c\/p\u003e \u003cp\u003ePendulum Scenario 7.2: The Lucky versus Unlucky Trader 97\u003c\/p\u003e \u003cp\u003ePendulum Scenario 7.3: Calm versus Nervous Trader 101\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Habit #5: Understand and Exploit Your Unique Trading Personality 107\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePendulum Scenario 8.1: Self-Doubting versus Overconfidence 121\u003c\/p\u003e \u003cp\u003ePendulum Scenario 8.2: Cautious versus Reckless Trading 123\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Habit #6: Follow a System 127\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePendulum Scenario 9.1: Optimistic versus Pessimistic Trader 135\u003c\/p\u003e \u003cp\u003ePendulum Scenario 9.2: Flexible versus Stubborn Trader 138\u003c\/p\u003e \u003cp\u003ePendulum Scenario 9.3: Accepting versus Willful 140\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Habit #7: Plan the Trade and Trade the Plan 145\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePendulum Scenario 10.1: Pragmatic versus Idealistic Trader 162\u003c\/p\u003e \u003cp\u003ePendulum Scenario 10.2: Pulling the Trigger versus Having Regrets 165\u003c\/p\u003e \u003cp\u003ePendulum Scenario 10.3: Conservative versus Impulsive Trader 168\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV The Transformed Trader 171\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Habit #8: Measure Your Performance 173\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePendulum Scenario 11.1: Organized versus Disorganized Trader 183\u003c\/p\u003e \u003cp\u003ePendulum Scenario 11.2: Proactive versus Reactive Trader 186\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 Habit #9: Learn the Secrets of Successful Traders 191\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePendulum Scenario 12.1: I Can versus I Can’t 199\u003c\/p\u003e \u003cp\u003ePendulum Scenario 12.2: Patient versus Impatient Trader 202\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 Habit #10: Add Balance to Your Life 207\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePendulum Scenario 13.1: Relaxed versus Stressed Trader 214\u003c\/p\u003e \u003cp\u003ePendulum Scenario 13.2: Clear-headed versus Sorrowful Trader 217\u003c\/p\u003e \u003cp\u003ePendulum Scenario 13.3: Good Mood versus Bad Mood Trading 219\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 The ‘‘10 Habits’’ Checklist 223\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart V The Trader’s Tools 233\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 Analysis Toolbox-Your First Mentoring Session 235\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16 Sample Trading System-Your BONUS Mentoring Session 249\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eResources 269\u003c\/p\u003e \u003cp\u003eBibliography 273\u003c\/p\u003e \u003cp\u003eAbout the Companion Website 275\u003c\/p\u003e \u003cp\u003eIndex 277\u003c\/p\u003e   \u003cp\u003e\u003cb\u003eJody Samuels\u003c\/b\u003e is one of North America's leading coaches for successful traders, and the creator of The FX Trader's EDGE Coaching Program modeled after the \"10 Habits of Successful Traders.\"     \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePraise for \u003ci\u003eThe\u003c\/i\u003e TRADER'S PENDULUM\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\"Jody Samuels is a seasoned trader with an eye for sustainable successful trading. Her book mirrors the best trading habits of successful traders, and is a must-read for anyone who aims to make a career out of trading.\"\u003cbr\u003e \u003cb\u003e—Kiana Danial,\u003c\/b\u003e Founder of Invest Diva  \u003c\/p\u003e\u003cp\u003e\"The respect for Jody's work in the trading community is unparalleled. But it's her focus on guiding traders to operate as entrepreneurs that merits another round of applause. Ready to be financially free? Read this book!\"\u003cbr\u003e \u003cb\u003e—Norman Hallett,\u003c\/b\u003e CEO, TheDisciplinedTrader.com  \u003c\/p\u003e\u003cp\u003e\"Of all the trading books I've read, \u003ci\u003eThe Trader's Pendulum\u003c\/i\u003e best illustrates the challenges and emotional swings traders encounter. More importantly, it gives traders the tools they need to mentally prepare themselves for the trading day. Whether you are a new or experienced trader, reading and re-reading this book will help the pendulum swing in your favor.\"\u003cbr\u003e \u003cb\u003e—Justin D. Hertzberg,\u003c\/b\u003e Esq., CEO, Forest Park FX  \u003c\/p\u003e\u003cp\u003e\"Most traders don't train, while most trainers don't trade. Jody Samuels is one of the most experienced traders and trainers I know. Readers of her new book will boost their trading careers and gain immensely from her practical trading experience.\"\u003cbr\u003e \u003cb\u003e—Jian Li, President,\u003c\/b\u003e Global Business Gateway Corp.  \u003c\/p\u003e\u003cp\u003e\"I am a successful trader and recognized analyst thanks to the wisdom of Jody Samuels. Jody is not only a proven trader in her own right, but she also has the gift to teach in a smart, objective, clear way that inspires any individual to become successful. This impressive book will have you bidding farewell to your bad trading habits and will open the door to a new world of trading. Jody's book is required reading if you want to become the trader you always dreamed of. So get ready for the journey of a lifetime!\"\u003cbr\u003e \u003cb\u003e—Juan Maldonado,\u003c\/b\u003e Founder of Club de Capitales\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990356082917,"sku":"NP9781118995570","price":65.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118995570.jpg?v=1761787490","url":"https:\/\/k12savings.com\/products\/the-traders-pendulum-isbn-9781118995570","provider":"K12savings","version":"1.0","type":"link"}