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Which trading psychology books are recommended for beginners in the cryptocurrency market?

avatarIlya VlasovDec 24, 2021 · 3 years ago3 answers

As a beginner in the cryptocurrency market, I am looking for recommendations on trading psychology books that can help me navigate the challenges and emotions associated with trading. Can anyone suggest some highly recommended books that specifically focus on trading psychology in the context of cryptocurrency?

Which trading psychology books are recommended for beginners in the cryptocurrency market?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    One highly recommended trading psychology book for beginners in the cryptocurrency market is "Trading in the Zone" by Mark Douglas. This book provides valuable insights into the psychological aspects of trading and helps beginners understand the importance of mindset and emotional control in cryptocurrency trading. It covers topics such as fear, greed, discipline, and risk management, which are crucial for success in the volatile cryptocurrency market.
  • avatarDec 24, 2021 · 3 years ago
    A great book for beginners in the cryptocurrency market to understand trading psychology is "The Psychology of Trading" by Brett N. Steenbarger. This book explores the psychological challenges faced by traders and provides practical strategies to overcome them. It delves into topics like self-awareness, decision-making, and developing a winning mindset, which are essential for navigating the cryptocurrency market with confidence.
  • avatarDec 24, 2021 · 3 years ago
    In my experience, one book that stands out for beginners in the cryptocurrency market is "Mastering the Trade" by John F. Carter. While it covers various aspects of trading, it also emphasizes the importance of understanding one's own psychology and emotions. This book provides valuable insights into developing a disciplined approach to trading and managing emotions in the fast-paced world of cryptocurrency.