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2010-11-03
Winning the Trading Game - Why 95% of Traders Lose and What You Must Do To Win
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2010-11-3 12:46:03
amazon评分:3
虽然只有1位读者评价所以没有太多统计学意义,但是看完评价还是决定不看了。
This review is from: Winning the Trading Game: Why 95% of Traders Lose and What You Must Do To Win (Wiley Trading) (Hardcover)
I am obliged to commend the author for his emphasis on the high failure rate of trading and the myth of the holy grail. However, I must criticize that it had not told what an aspiring/beginner trader must do to win as promised on the book title. The author had given plenty of fact why somebody got to "trade" and not only "invest". The parts on the background information of various commodity/currency futures and the trading psychology were alright. Pity that the chapters on Technical Analysis and Risk Management are below par, in particular the former one. Oddly he only gave "definition" to some TA tools, such as MACD (and no stochastics, to my surpise), with no graphical illustration at all. Perhaps he preferred Moving Averages, RSI and Open Interest. Nevertheless, his illustration on Candlestick is even a little bit faulty. In short, if you have not read any trading book beforehand, you may find it okay. Otherwise, I strongly recommend you to give it a pass.

p.s. Below please find some of my favorite passages. Hope you like them.

The mistakes I had made in the past occurred solely because I had brought a stock market investor mentality to futures and forex. This was much like bringing a knife to a gun fight. pg xvi
In the Beginning: Happiness. Next Comes: Greed. Followed Up by: Fear. Which Leads to: Sorrow. Next You Have: Frustration. Finally: Defeat. pg 72-74
Regardless of what side you were on you had opinions, ideas, and feelings to support your assumptions, each point more valid than the last point, each concept you would defend to the grave - stubbornness that will take your account to its grave if you are not careful. pg 89
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2010-11-4 09:56:52
Thank you for sharing
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