Menu
Cart 0
Trading for a Living: Psychology, Tactics, Money Management 1st Edition

QUESTIONS & ANSWERS

Have a Question?

Be the first to ask a question about this.

Ask a Question

Trading for a Living: Psychology, Tactics, Money Management 1st Edition

  • $500.00


Trading for a Living: Psychology, Tactics, Money Management 1st Edition



Product Details

  • Hardcover: 289 pages
  • Publisher: Wiley; 1 edition (March 8, 1993)
  • Language: English
  • Product Dimensions: 6.3 x 1.2 x 9.1 inches
  • Shipping Weight: 1.1 pounds

Trading for a Living Successful trading is based on three M's:Mind, Method, and Money. Trading for a Living helps you master allof those three areas:
* How to become a cool, calm, and collected trader
* How to profit from reading the behavior of the market crowd
* How to use a computer to find good trades
* How to develop a powerful trading system
* How to find the trades with the best odds of success
* How to find entry and exit points, set stops, and takeprofits
Trading for a Living helps you discipline your Mind, shows you theMethods for trading the markets, and shows you how to manage Moneyin your trading accounts so that no string of losses can kick youout of the game. To help you profit even more from the ideas inTrading for a Living, look for the companion volume--Study Guidefor Trading for a Living. It asks over 200 multiple-choicequestions, with answers and 11 rating scales for sharpening yourtrading skills. For example: Question Markets rise when
* there are more buyers than sellers
* buyers are more aggressive than sellers
* sellers are afraid and demand a premium
* more shares or contracts are bought than sold

* I and II
* II and III
* II and IV
* III and IV
Answer B. II and III. Every change in price reflects what happensin the battle between bulls and bears. Markets rise when bulls feelmore strongly than bears. They rally when buyers are confident andsellers demand a premium for participating in the game that isgoing against them. There is a buyer and a seller behind everytransaction. The number of stocks or futures bought and sold isequal by definition.

We Also Recommend