Editor-in-Chief Courtney Smith: To me, nothing is more important than the psychology of trading. I firmly believe that the intellectual skills necessary for trading are trivial. However, the emotional and psychological skills are extremely difficult. I think that the two best source for addressing the psychology of trading are "The Disciplined Trader" by Mark Douglas (available through the CTCR Bookstore) and our own issue of CTCR called "Why You Lose and What You Can Do About It". I have also heard that the seminars by Van Tharp are also useful though I have not personally taken them. Start with the CTCR issue and Douglas' book. They address the key issues and are very inexpensive.