The Inner Voice of Trading: Eliminate the Noise, and Profit from the Strategies That Are Right for You

“In The Inner Voice of Trading, Michael Martin recounts his own quest to become a successful trader, illuminating his journey with engaging trading episodes. Join Martin at his trading desk as he provides important insights into the art and science of balancing thoughts and feelings—and catching the big one.”

—Ed Seykota

“Some people trade and either don’t or can’t teach; some people teach and have never traded; Michael Martin can teach extremely well and is an experienced trader. This rare combo is a necessity to those who want to succeed in the markets. Read and learn!”

—Victor Sperandeo, Founder, Alpha Financial Technologies, LLC

“The Inner Voice of Trading provides insights that may help both discretionary and systematic traders adhere to their extensively researched and tested trading programs and be better insulated from their occasional emotional (fear, greed, pride, and so on) temptations to deviate into uncharted waters.”

—Bill Dunn, DUNN Capital Management

“Michael Martin provides a toolbox to fortify the most important aspect of successful trading: the six inches between your ears. With fresh insights from many of the market’s greatest traders, The Inner Voice of Trading will put you on the path to improving your profits and losses.”

—John Del Vecchio, Portfolio Manager, AdvisorShares Active Bear ETF

“Too many new and developing traders move from strategy to strategy in the hope of improving their under performance. In The Inner Voice of Trading, Michael Martin helps us understand how we first must work on ourselves before we can become the trader we want to be. Find a place in your trading library for this latest gift to the trading community.”

—Mike Bellafiore, Partner, SMB Capital, and Author of One Good Trade

Trading is 20% intellectual and 80% psychological. Success begins with the ancient Greek adage: know thyself. Rote, mechanical trading models set you up for failure. To succeed, you must harmonize your trading systems with your emotions. By doing so, you can achieve the inner calm and confidence that translates directly into better decisions—and higher profits.

This book will help you find your inner voice as a trader, so you can act on what your analysis systems tell you and crisply execute winning strategies without hesitation.

Michael Martin examines your most common trading decisions from an emotional standpoint, helping you “feel the feelings” driving your actions—feelings that often have nothing to do with money. Through compelling interviews, you’ll discover how legendary traders, such as Ed Seykota and Michael Marcus, integrate reason and emotion to make better trades every day—and how you can do it, too.

• Traders are humans first How your trades reflect the human propensity to pursue pleasure and avoid pain

• Choosing strategies you can sustain over time How to find trading approaches you can tolerate—and consistently execute

• Letting go: You don’t need to be right all the time Stop seeking validation from your trades—that’s not what they’re for

• Reducing your losses through self-discipline and surrender How emotionally aware traders improve performance by keeping their losses small