The Market Wizards series from Jack D. Schwager is classics. Out of 100 episodes of trading podcasts I’ve listened to, in half of them these books have been mentioned. Just because of its popularity I guess you need to read them if you want to be serious about trading. His first book was released in […]
Tag: risk management
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Always use the same risk size
So far no trades had kept me awake at night until this one. It wasn’t about the trade setup, news or anything on the chart.. it was about risk size. Because NFLX had a similar drop just before FB on similar reasons (less user growth) but spiked back up quickly on the same day leaving […]
It’s another book from Dr. Elder published in 2002. Much of the content overlaps with his other book I already reviewed, but it makes sense as it also reflects the work of Dr. Elder. If you want to know more about his recent writing, check my review on Trading for a Living. Come into My […]
I have finished the book and took a lot of notes. It seems to be a simple book to understand and covers most topics for beginning traders: mass and individual psychology, different markets and instruments to trade, charting and technical analysis, money (risk) management, record keeping etc. I like it as an introductory book to […]