|
|
|
|
|
|||||||
| Book Reviews Looking for a new trading book to read? Take a look at our collection! If you would like to write a review, we offer an affiliate program. Information is listed inside. |
 |
|
|
LinkBack (1) | Review Tools | Display Modes |
01-25-2007, 02:57 AM
|
||||
|
||||
|
Trading Rules that Work: The 28 Essential Lessons Every Trader Must Master
I don't know what else to say but this guys material is worth its weight in gold times 10.
Jason goes into detail on a psychologial level as to why these rules need to be followed. Along with his webinars from the CBOT, he explains how the trading environment thinks and goes about its daily business. If you are struggling with your consistancy in trading, chances are it's your thought process and not any system that you are following that is the problem. Even a... 
|
|
By
BlowFish
on
08-17-2007, 05:22 AM
|
|
Re: Trading Rules that Work: The 28 Essential Lessons Every Trader Must Master
Interesting interview, there are some brutal truths in there, great stuff. I think I'll re-read his book this weekend.
At the end of the interview he mentions a web site where there are links to his stuff (proedgefx) I could find nothing. Has he moved on somewhere else now? Cheers, Nick. |
|
|
|
By
Jakew
on
08-17-2007, 11:03 AM
|
|
Re: Trading Rules that Work: The 28 Essential Lessons Every Trader Must Master
I like the author's wording: "you are trading your hypothesis". In general, he has a knack to formulate old trading terms in a new way. Today I traded my hypothesis that the market will provide opportunity on the long side (despite the -5% of Nikkei and Hang Seng for a good morning). There is a trading maxim that says "trade what you see, not what you think". Perhaps too simplistic. Perhaps one should first think over his hypothesis and only then see if during the trading day some evidence supporting it unfolds. So I didn't trade from the short side even though I could see quite clearly the sell signals that occured during the day. Not in my hypothesis for today. The long side proved better today, although the short side also had some merits -before Fed abruptly stepped in (probably actively opposing the hypothesis of markets' inherent bearishness). No, I did not think even for a moment where the other guy is going to quit - that will always remain a secret to me.
Once again, a thought provoking book, although the title would suggest a more classic approach - suggesting that every trader needs to master this particular, in fact somewhat idiosyncratic, approach. Cheers, enjoy! |
|
|
|
LinkBacks (?)
LinkBack to this Thread: http://www.traderslaboratory.com/forums/f8/trading-rules-that-work-the-28-a-1078.html
|
||||
| Posted By | For | Type | Date | |
| Traders Laboratory | This thread | Refback | 02-08-2007 02:11 PM | |
| Currently Active Users Viewing This Review: 2 (0 members and 2 guests) | |
| Review Tools | |
| Display Modes | |
|
|
|
Similar Threads
|
||||
| Review | Review Starter | Category | Comments | Last Post |
| Jump on Board with your Trading Rules | Soultrader | Trading Psychology | 6 | 02-01-2007 11:50 PM |
| Time Tested Classic Trading Rules | Linda Bradford Raschke | Trading Articles | 3 | 01-23-2007 10:13 AM |
| Lessons For 2006 | Soultrader | Market Analysis | 18 | 12-17-2006 02:09 PM |
| Trader Vic - Methods Of A Wall Street Master by Victor Sperandeo | Soultrader | Book Reviews | 1 | 11-10-2006 01:38 AM |
| Different Trading Rules We Live By.... | pierre | Trading Psychology | 3 | 11-04-2006 07:42 PM |
|
|
Linear Mode
