The Market Is Always Right The 10 Commandments of Trading Any Market

Author/creator McCafferty, Thomas Author
Format Electronic
Publication InfoBlacklick : McGraw-Hill Companies, The
Description224 p. ill 23.110 x 015.750 cm.
Supplemental ContentFull text available from eBooks on EBSCOhost
Subjects

Summary Annotation Market-Proven Tactics for Fighting the Trader's Toughest Enemy--His Own Volatile EmotionsFew professions are as stress-filled as trading. In the time it takes to refill your coffee, you can lose tens of thousands of dollars. Then you must determine in a split second whether to cut your losses and sell, average down and buy more, or sit tight and hope the market turns back in your favor...Without any guarantees."The Market Is Always Right answers the question, "How do experienced traders control their emotions in the heat of the trading battle?" Whether you are trading stocks, options, or futures, this straight-talking book shows you how to maintain a strong and steady course by detailing: Ways to spot--and overcome--the seven deadly sins of trading Two key questions traders should ask themselves before each market open Trading events that scream "SELL!" no matter what Long-time traders know: Whether markets are plummeting, skyrocketing, or simply holding steady, emotion is a trader's worst enemy. Whethee you areea new trader looking to reach the next level of market mastery or an experienced trader seeking to pick up a new trick or two, "The Market Is Always Right will show you how to maintain control in every market--by keeping your cool while all about you are losing theirs."Traders must deal with human nature as they trade, both their own and their counterparts', as they collectively react to the markets they trade. The purpose of this book is to give you an insight into what hundreds of other traders have found that works when it comes to harnessing and directing human nature most productively..."--from the IntroductionThe world of trading is undergoing anunprecedented metamorphosis. Powerful personal computers, direct access to live trading markets, unlimited access to information, and more have placed individual traders on the same playing field as the pros. Yet one essential aspec
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2002005905
ISBN9780071396981
ISBN0071396985 (Trade Cloth) Out of Print
UPC 639785380719
Standard identifier# 9780071396981
Stock number9780071396981 00016072