McGraw-Hill Companies,Inc.
THE MARKET  IS ALWAYS RIGHT
The 10 Principles of Trading Any Market
Thomas A. McCafferty
Contents
Acknowledgments
Introduction: The Wisdom of the Ages
1 The Market Is Always Right 1
2 It’s All in Your Head 15
3 You Can’t Prepare Enough 27
4 Supply and Demand Rule the Markets  49
5 Commit Your Thoughts to Paper  61
6 Developing and Perfecting Your Trading Shtick81
7 Enhancing Your Shtick103
8 Dealing with One of the Toughest Parts of the Game:Discipline 123
9 Staying the Course  143
10 On Becoming the Ideal Trader
Appendix A: Types of Orders 185
Appendix B: Know the Market Makers on Level 2
Appendix C: Sources for More Information 191
Glossary 199
Index 225