Average Reviews:
(More customer reviews)This is a good book for the beginning stock trader as it foregrounds the role of psychology in the overall scheme of trading. Novice traders who take to heart the book's admonition to "plan your trade and trade your plan" will be in a much better position than most traders who decide to trade by the seat of their pants. The narrative style of the book, as it covers different topics in behaviorial science and then applies them to trading, is unique and more entertaining than most other approaches you typically see in stockmarket books.
The only drawback I find with this book, quite frankly, is some of the super-optimistic, carnival-barker-style talk about the potential success of the trading strategies given in the end of the book. Even though I agree with most of the ideas presented in this book, anyone who proclaims that making 50% or more a year in the stock market is "easy" (especially without providing any performance information the past profitability of the strategies presented) is being disingenuous.
To be sure, this book is not the end-all-be-all of books on stock market trading. However, it's a great place to start and there are A LOT worse ways to spend $15.95 if you're interested in learning how to trade stocks.
Click Here to see more reviews about: How to Become a Stressfree Trader: The Accidental Discoveries of an Applied Behavioral Science Student
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