The book embraces some controversial issues and introduces the concepts of:
- Perceptual Errors – how these negatively influence the trading process and how to overcome them through applying techniques such as analysis and refutation.
- Emotions – are they enabling or disabling in the investment/trading forum? Research showing that they are indispensible to the decision processes in trading and everyday life is discussed.
- The Paramouncy Principle – demonstrates that you are the most importan t variable in the trading equation.
- Self–Sabotaging Behaviours – what they are and how to overcome them.
- Loss and Success Depression – what are success and failure - ? How to overcome feeling of hopelessness if it all goes wrong.
- Stress – what it is and how to ameliorate its negative effects.
Eight Standards with relevant criteria are presented in the final chapter in the style of a work–book for readers and students to structure their personal learning.
Contrarian Investment Strategies.
1. Introduction: Between Scylla and Charybdis.
2. Understanding Trading Competence.
3. A Comprehensive Model of Trading Competence.
Part A: The Tactical Model of Trading Competence.
Part B: The Strategic Model of Trading Competence.
4. Taming Stress to Become a Better Trader.
5. The Psychology of Perceptual Bias.
6. Emotions, Emotional Intelligence, and the Trader.
7. Martial Arts and Budo Zen – Controlling Fear and Self–Sabotage.
8. Standards and Criteria for Trading Competence.
Appendix 1: Reading List.
Appendix 2: Websites of Interest.
Appendix 3: Courses and Seminars.