Jumia Books Trading Psychology 2.0: From Best Practices to Best Processes (Wiley Trading) 1st Edition by Brett N. Steenbarger

"Trading Psychology 2.0: From Best Practices to Best Processes" by Brett N. Steenbarger is a comprehensive guide that expands the focus of trading psychology from emotional discipline and mental control to a broader, process-driven approach to sustained peak performance.

Key concepts of the book include:

The ABCD framework breaking trading success into four essential processes:

Adapt to changing markets through dynamic adjustment of strategies.

Build on your distinctive strengths rather than fix weaknesses.

Cultivate creativity to generate innovative market perspectives.

Develop best practices and processes to sustain productivity and effectiveness.

Emphasizes moving beyond best practices to “best processes,” meaning routines and meta-processes that allow traders to continuously and improve.

Focus on psychological flexibility, emotional intelligence, and social interaction as critical factors in thriving in volatile markets.

Highlights the importance of deliberate practice, journaling, self-assessment, and learning from community feedback to refine trading performance.

Advocates for engagement with positive psychology to enhance well-being, motivation, and resilience in trading.

Provides actionable exercises for identifying strengths and creating environments that foster creativity and sustainable success.