The Market Is Always Right

by Thomas A. McCafferty | 1st Edition | McGraw-Hill | eText ISBN 9780071416108
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...

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About this book

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 rules­­for 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 open­­don’t trade it When in doubt, get out

Book details

  • Author: Thomas A. McCafferty
  • Publisher: McGraw-Hill
  • Edition: 1st Edition
  • eText ISBN: 9780071416108
  • Print ISBN: 9780071396981
  • Format: Fixed Layout
  • Language: en
  • Copyright: 2003