High Probability trading
- ISBN13: 9780071381567
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
Product Description
A common denominator among most new traders is that, within six months of launching their new pursuit, they are out of money and out of trading. High-Probability Trading softens the impact of this “trader’s tuition,” detailing a comprehensive program for weathering those perilous first months and becoming a profitable trader. This no-nonsense book takes a uniquely blunt look at the realities of trading. Filled with real-life examples and intended for use by both … More >>
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I agree you learn from losing more than anyone can tell you about winning trades, on the floor it is all simple, off and alone difficult. Best book I read on this was “What I Learned Losing a Million Dollars” by Jim Paul and Brendan Moynihan. So difficult and yet fun to gain wealth, but so much to learn from the errors in losing. And in America…..afer 25 years of trading for a living, where does one go? Or do? As no one understands. Lose (smoke take drugs, etc) while young….as this is a bite of life you would never assume from your condo in the sky….ah….and they ask to see my real name Doug Temple and where I am now (GETTING RELIGION…THE WRONG SORT IN SOUTH CAROLINA….THE CHEAPEST PLACE I COULD FIND TO LIVE WHERE NO ONE UNDERSTANDS WHAT I DID, OR STILL LOVE AND MY ODDS ARE NOT GREAT …BUT STILL THERE FOR MAKING IT BACK. ASK ME IN TEN YEARS. A CTA OR CPO COULD IN THEORY RAISE THE FUNDS TO CONTINUE. A SOLO TRADER HAS A TOUGH TIME).
But it does teach what poverty is like at the wrong end of life for a highly educated, older, non-team player sort. And all takes a turn on its head especially your theory of human intelligence.
Now watching markets and reading is the best. Oh and love.
Rating: 4 / 5
Every new trader should buy this book to get an idea of a canned sytem, although the moving parts, and how to value a system.
Rating: 3 / 5
Marcel has written an ambitious book that really strives to put the odds in favour of the trader.
Rating: 4 / 5
This book is one of my favourite. It covers every aspect of trading. I really enjoyed it.
Rating: 5 / 5
The best book for active trader. I like it alot. Mr Link wrote
this book from his own experiences.
Rating: 5 / 5