Another great book on psychology. Thinking, Fast and Slow by Daniel Kahneman reflects his thorough life work on human behavior and psychology. Tho it’s mostly about the topics in general, it also includes facts about trading psychology. Some of the keywords from this book are attention and effort, laziness, cognitive ease, surprises and causes, judgements, the […]
I have finished the fourth and last book of the Market Wizards series from Jack D. Schwager. It was published in 2012 and includes interviews with top traders on how winning traders win. Ray Dalio, Colm O’Shea, Edward Thorp, Steve Clark, Jimmy Balodimas, Larry Benedict to name a few plus many other good traders and […]
I listened to the audiobook Thinking in Bets from Annie Duke. She is a professional poker player and shares her information about risk taking, placing bets, winning in life. I’ve come to understand that poker and trading have a lot in common. The world is not black and white. There is no 0% or 100% […]
This is the third book of the Market Wizards series from Jack D. Schwager and it’s only getting better. Stock Market Wizards was published in 2001, so it’s getting more relevant to today’s markets. Mark Minervini, Stuart Walton, Steve Watson, Steve Cohen, Dana Galante and many other America’s top traders are thoroughly interviewed in this […]
I have been closely following Dr. Elder’s work online, from books and also attended his workshop in NYC. While this book covers Dr. Elder’s approach to the markets like his other books (Trading for a Living; Come into My Trading Room), I wanted to read it because of its focus on shorting. Though in late […]