Readers reviews ofLet The Trade Winds Flow By H Stanton
This is a book about the psychology of trading. Most experienced traders recognise that it is psychology that is one of the main factors which separates successful and unsuccessful traders. The other separator is money management, and then, fuehrer down the list, technical skill.
This is a motivational book that has been adapted to the area of trading. It does this well, although it does contain material which is equally applied to discussions of stress, self healing, becoming a winner etc. The book sits squarely in the motivational genre and many readers will find it beneficial from this aspect.
Personally I found it less useful than material prepared by other psychologists writing in this area.
Stanton is a clinical and educational psychologist and this book reflects those skills. Add it to your trading library because many of the issues raised may trigger a sympathetic response in your own trading.
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