The 21 Irrefutable Truths of Trading: A Trader¿s Guide to Developing a Mind to Win Review
Posted by
Palmer Harmon
on 10/21/2011
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Labels:
discipline,
risk management,
stock market,
trading psychology
Average Reviews:
(More customer reviews)Of the literally hundreds of stock market books I have read, I consider this book to be one of the top three. (The other two are: 1) How I Made $2,000,000 In The Stock Market by Darvas and 2) Zen In The Markets by Toppel). The 21 Irrefutable Truths Of Trading gives insights into how our beliefs and values influence our trading and how we can alter these beliefs and values. As the author says "The trading game is played out in the six inches of space between your ears!" This is a critically important book and I am very thankful the author wrote it.
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Strategies for traders to master the most important trading tooltheir minds.Psychology is 80% of the high-stakes trader's game. And within the mind of any successful trader exist surprisingly similar emotions and psychological beliefs. The 21 Irrefutable Truths of Trading introduces these values and beliefs, then explains how traders can and must work to understand and harness these beliefs, and gain the psychological edge necessary to win in today's all-or-nothing trading battlefield.Divided into two parts, the first focusing on common strengths and weaknesses, the second on ways to enhance the strengths and control the weaknesses while trading, The 21 Irrefutable Truths of Trading introduces:Techniques to develop certainty, intuition, and discipline.Technical analysis and trading methodologies to trade more effectively.How to properly align trading with the movement of the market.
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