This book may be a good one you can check out.... the reviews.. What Bob Volman is saying is simple. Trading increases our irrational behavior. Traders lose because they are not rational, they are driven by desire. They are afraid or euphoric based on their last few trades. They don't see each trade as unique with 50:50 probability like flipping a coin, they must be right every time and will hold losers too long, let winners turn into losers or become fearless and bet the house. According to Mark Douglas in “Trading in the Zone”, trading is like a casino. One spin of the roulette wheel can be a loser for the casino, but the odds are stacked in its favor and over the long run, consistency wins. If you read Bob Voman’s book, where each word is a gem, and understand it, then you will have an edge and over the long run, you will be a winner. Take it from me because I exchanged several emails with the author and each time he answered within a day. I'm an experienced and active trader. Over the years I've read a mountain of books from some of the best traders in the world. Works from Minervini, O'Neill, Sperandeo, Schwartz, Brandt and many more have all been invaluable in helping me evolve as a trader. These show you trading methods in the bigger scheme of things as well as critical risk management. But whatever time frame you trade, in my case mostly the daily charts (swing trader), it all comes down to price action. This book covers what most others don't, and it does it in a very practical and well written way. I was very surprised at the quality of this book. And it's had one of the biggest impacts to my trading. I apply it on swing trading, when entering and exiting positions on the hourly or 5 min time frames or the occasional day trades. I suggest all traders better their understanding of price action. And this is the book to get. Highly recommended! Big thanks to the author for sharing his experience, it saves us years of having to learn the hard way. https://www.amazon.com/Underst...
traax · Nov 21, 2018 6:41 PM · 56 views
I think we have 1000s of Math guys in US...who never get less than 4.0..in anything mathematics...
traax · Nov 21, 2018 6:43 PM
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