The Market is Always Right

The 10 Principles of Trading Any Market

Thomas A. McCafferty

248 pages, parution le 19/12/2002

Ajouter à une liste

Indisponible

Résumé

Rules for successful trading, direct from the traders who practice them every day

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 natureboth 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 sub rules 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

Contents

Introduction: The Wisdom of the Ages

The Market Is Always Right
It's All in Your Head
You Can't Prepare Enough
Supply and Demand Rule the Markets
Commit Your Thoughts to Paper
Developing and Perfecting Your Trading Shtick
Enhancing Your Shtick
Dealing with One of the Toughest Parts of the Game: Discipline
Staying the Course
On Becoming the Ideal Trader

Appendix A: Types of Orders
Appendix B: Know the Market Makers on Level 2
Appendix C: Sources for More Information

L'auteur - Thomas A. McCafferty

Thomas McCafferty has been in the financial services industry for 30 years, with a focus on futures and options. He has traded proprietary accounts for Securities Corporation of Iowa, and was recently COO of Marketwise Securities. He has written several books as well as numerous articles for industry journals.

Caractéristiques techniques

	PAPIER
Éditeur(s)	Mc Graw Hill
Auteur(s)	Thomas A. McCafferty
Parution	19/12/2002
Nb. de pages	248
Format	16 x 23,5
Couverture	Relié
Poids	512g
Intérieur	Noir et Blanc
EAN13	9780071396981
ISBN13	978-0-07-139698-1