My pivot from poker to trading happened organically around 2013, a few years after Black Friday (the day the DOJ shut down PokerStars and Full Tilt Poker). I realized that my coaching business was comprised of 95% poker players and if a similar event happened again, I could be in trouble.
At the time, I had steadily been getting more interest from traders who had picked up the poker books and remarked how much it applied to them. “Just change the word poker to trading and you’ve got yourself a new book!” was something I’d often hear from them. One thing lead to another, and I steadily built up a roster of clients, did some speaking engagements for a few trading firms, and landed a long-time gig with one institutional firm. (NDA prevents me from disclosing any details.)
As I got deeper into trading, the parallels between poker and trading became more obvious, but also the differences. Trading, as a game, is far less defined than poker and the game can change at any time. This makes trading exciting and provides a lot of opportunity to make it what you want. But it also makes the importance of a strong mental game even more important than in poker – fortunes can be made and lost in a flash. Just look at what happened to Bill Hwang.
The Mental Game of Trading has a distinct value from the other trading psychology books. Providing practical and actionable step to permanently solve the costly problems in your trading. Click here to download the first chapter, or for links on where you can pick up a copy.