The Market Is Always Right the 10 Principles of Trading Any Market
- Binding: Hardcover
- Edition: 1
- Publisher: McGraw-Hill
- Publish date: 12/01/2002
Description:
Rules for successful trading, direct from the traders who practice them every day
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Even with today's high-speed computers, online accounts, and information access, traders still live or die based on their abilities to control fear, greed, and emotion. "The Market Is Always Right gives traders battle-proven advice for avoiding common trading setbacks by understanding human nature--both their own and others'--and directing it toward profitable outcomes.
Distilling the wisdom of hundreds of traders, this proactive book starts with 10 overriding rules--for example, "Evaluate your performance"--and then lists the subrules within each, such as "Qualify and quantify your trading pattern." Other examples include: Never chase trades Watch the open--don't trade it When in doubt, get out
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