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I have been trading for 18 months. I started like everyone else; love of the markets, a desire to live a totally independent life style and of course, freedom. As my trading journey progressed I realized that technical analysis is only a small percentage of what it takes to be consistently successful. I was in the typical boom and bust cycle looking for the next best system, until, that is, I was lucky enough to come across Paula's work regarding trading psychology. As it turns out, trading psychology plays a much bigger role in being a successful trader than any technical methodology. Paula's work cuts to the heart of the matter by identifying the limiting beliefs that a person may have regarding self worth. Then she provides "hands on" strategies to over come these limiting beliefs. I have had a few of my friends ask me about trading, I told them to read this book before even placing a trade. This book, in my humble opinion ifs one of the few core "go to" books for anyone looking to get their inner game prepared for trading.
This book helped me understand a lot about the deep seeded beliefs embedded in the subconscious mind from a lifetime of experiences and thoughts that affect trading results whether positive or negative. It made me examine myself from not only trading habits, but also many facets of my life that have been affected by the subconscious mind. It explained a lot.
Read the original "Disciplined Trader" years ago - now my son is getting into trading. This updated version is perfect for him as he has no idea about the history of the markets or how they work. As I also read through this new book however, I found that learned a few things as well that I had either forgotten or never knew. Kudos to Paula Webb for taking the time to expand the work - she has kept the original essence - very well done.