Trading for a Living: Psychology, Trading Tactics, Money Management

I love this book more than I can say. 5 stars for easy to understand explanation, great strategies, groundbreaking systems, and many more.

This audio book is a very good summary of what one should consider if trading for a living or at least as a business.

The concept of group psychology in trading was new to me, very very interesting.

This review applies to the audio CD. This book stands out as perhaps the single best trading guide I've come across to date. It sounds great, and the author keeps things interesting from start to finish by inserting personal anecdotes and darkly humorous metaphors to emphasize his points, which are complimented nicely by the melodramatic delivery of the reader. Though the age of the written work shows (it repeatedly references antiquated trading tools such pencils, rulers, and telephones), nearly all the advice offered is still highly applicable in today's trading world. It tops my list of recommendations for beginning traders.

This is one book that everyone interested in trading should read. It gives excellent information about the proper mindset needed for successful trading. Then goes into a detailed explanation of the best TA indicators to use, how they work and rules on how to use them, well written just meat no fluff. Finally it finishes off with an excellent money management section. I have read many trading books but own only a few, this is one of them!

Very good read on trading in the markets. One of the best!