The Psychology of Risk: Mastering Market Uncertainty

Transform your trading mindset with one of the most influential books on trader psychology ever written. The Psychology of Risk by Ari Kiev is more than a guide—it’s a deep dive into the internal barriers that prevent traders from taking intelligent risk and executing profitable decisions.

Drawing from years of coaching elite Wall Street traders, Kiev explores the psychological foundations of effective risk-taking: goal-setting, emotional control, performance discipline, and the ability to function amid uncertainty. This book reveals how top traders manage fear, overcome perfectionism, and stay objective during losses, giving you a step-by-step framework to develop mental resilience and high-performance habits.

Packed with real-life coaching dialogues and behavioral case studies, this book illuminates the hidden mental traps that hinder most traders—and offers strategies to dismantle them. You’ll learn how to create a risk-tolerant mindset, commit to financial goals, and trade independently of emotional noise.

What You’ll Learn

• The core psychological principles of risk-taking
• How top traders handle uncertainty, loss, and stress
• Techniques to overcome perfectionism, fear, and decision paralysis
• How to set meaningful trading goals and stick to them
• Ways to track emotional reactions and reduce sabotage behavior
• Coaching strategies to improve self-awareness and trading performance

Key Benefits

• Based on years of real coaching with professional traders
• Full of practical exercises and self-assessment tools
• Helps build a trading routine grounded in self-discipline
• Ideal for long-term psychological edge and consistency
• Highly recommended by hedge fund managers and risk professionals

Who This Book Is For

• Traders looking to level up their psychological game
• Professionals struggling with inconsistency, fear, or risk aversion
• Anyone interested in behavioral finance or trader coaching
• Readers of Mark Douglas, Brett Steenbarger, or Van Tharp
• Investors wanting to improve their emotional intelligence in markets

Table of Contents

Part One: The Essentials of Risk Taking

• 1.Defining Risk
• 2.Understanding the Approach

Part Two: The Problems of Risk

• 3. Handling Your Emotions
• 4. Learning to Let Go

Part Three: The Personalities of Risk

• 5. Profiling Passive Traders
• 6. Profiling the High-Risk Trader
• 7. Recognizing the Master Trader

Part Four: The Practice of Risk Taking

• 8. Increasing Your Risk
• 9. Handling Failure…and Success
• 10. Doing the Work
• 11. Coping with Risk: Coaching, Teamwork, Systems

Conclusion & Index