The timeless best-selling trading book, "The New Trading for a Living," has been updated and adapted to suit the demands of the new era. Esteemed by traders worldwide, both private and institutional, this revised edition incorporates time-tested concepts while embracing the dynamics of today's fast-paced markets. It introduces fresh studies and techniques tailored to the needs of modern traders.
At its core, this guide advocates for a composed and disciplined approach to navigating the markets. It places a strong emphasis on risk management and self-control, providing clear guidelines for both aspects. The book includes helpful templates for evaluating stock picks, creating effective trade plans, and assessing one's own readiness for trading. It offers valuable insights, perspectives, and tools to aid in the development of an efficient trading system.
All charts featured in the book are new, presented in full color, and accompanied by lucid explanations of rules and techniques. The clarity of language, practical illustrations, and generous sharing of essential skills have made this book a model for the industry—often imitated but never surpassed. Both novice and experienced traders will find value in its teachings and appreciate the calm, methodical approach to tackling modern markets.
"The New Trading for a Living" supersedes the author's previous books in becoming an even more invaluable resource, offering guidance on:
- Overcoming obstacles to success and cultivating stronger discipline
- Identifying asymmetrical market zones, where rewards outweigh risks
- Mastering money management while setting entries, targets, and stops
- Employing a meticulous record-keeping system to become your own mentor
Successful trading relies on knowledge, focus, and discipline. This book will elevate your trading endeavors by imparting timeless wisdom, combined with contemporary market tools, to empower you on your journey to trading success.