The Traders Pendulum: The 10 Habits of Highly Successful Traders

Praise for The TRADER′S PENDULUM

"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."
Kiana Danial, Founder of Invest Diva

"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!"
Norman Hallett, CEO, TheDisciplinedTrader.com

"Of all the trading books I′ve read, The Trader′s Pendulum 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."
Justin D. Hertzberg, Esq., CEO, Forest Park FX

"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."
Jian Li, President, Global Business Gateway Corp.

"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!"
Juan Maldonado, Founder of Club de Capitales

Foreword

About the Author

Prologue: A Day in the Life of a Successful Trader

Part I: Introduction

Introduction: Riding the Trader s Pendulum

Chapter 1: The Successful Trader vs. the Average Trader

Chapter 2: The Technical Trader s Trap

Chapter 3: Becoming an Entrepreneurial Trader The Process

Pendulum Scenario 3.1: Fear vs. Greed

Part II: Out of Hobby into Business Mode

Chapter 4: Habit # 1 – Establish a Trading Business for the Right Reasons

Pendulum Scenario 4.1: Get Rich Quick or Go Broke Quick

Pendulum Scenario 4.2: Realistic vs. Unrealistic Trader

Chapter 5: Habit # 2 – Complete a Trader s Business Plan

Pendulum Scenario 5.1: Clarity vs. Muddled Thinking

Pendulum Scenario 5.2: Forgiving vs. Angry Trader

Pendulum Scenario 5.3: Courage vs. Conformity

Chapter 6: Habit # 3 – Define Your Goals

Pendulum Scenario 6.1: Taking Action vs. Feeling Remorse

Pendulum Scenario 6.2: Enthusiastic vs. Apathetic Trader

Part III: Becoming an Entrepreneurial Trader

Chapter 7: Habit # 4 – Commit to Your Education with a Trading Coach

Pendulum Scenario 7.1: Foresight vs. Hindsight

Pendulum Scenario 7.2: The Lucky vs. Unlucky Trader

Pendulum Scenario 7.3: Calm vs. Nervous Trader

Chapter 8: Habit # 5 – Understand and Exploit Your Unique Trading Personality

Pendulum Scenario 8.1: Self–Doubting vs. Overconfidence

Pendulum Scenario 8.2: Cautious vs. Reckless Trading

Chapter 9: Habit # 6 – Follow a System

Pendulum Scenario 9.1: Optimistic vs. Pessimistic Trader

Pendulum Scenario 9.2: Flexible vs. Stubborn Trader

Pendulum Scenario 9.3: Accepting vs. Willful

Chapter 10: Habit # 7 – Plan the Trade and Trade the Plan

Pendulum Scenario 10.1: Pragmatic vs. Idealistic Trader

Pendulum Scenario 10.2: Pulling the Trigger vs. Having Regrets

Pendulum Scenario 10.3: Conservative vs. Impulsive Trader

Part IV: The Transformed Trader

Chapter 11: Habit # 8 – Measure Your Performance

Pendulum Scenario 11.1: Organized vs. Disorganized Trader

Pendulum Scenario 11.2: Proactive vs. Reactive Trader

Chapter 12: Habit # 9 – Learn the Secrets of Successful Traders

Pendulum Scenario 12.1: I Can vs. I Can t

Pendulum Scenario 12.2: Patient vs. Impatient Trader

Chapter 13: Habit # 10 – Add Balance to Your Life

Pendulum Scenario 13.1: Relaxed vs. Stressed Trader

Pendulum Scenario 13.2: Clear–headed vs. Sorrowful Trader

Pendulum Scenario 13.3: Good Mood vs. Bad Mood Trading

Part V: The Trader s Tools

Chapter 14: Analysis Toolbox Your First Mentoring Session

Chapter 15: Sample Trading System Your BONUS Mentoring Session

Chapter 16: The 10 Habits Checklist

Bibliography

About the Companion Website

Index

Jody Samuels 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."