A ‘New’ Version of ‘ Reminiscences of a Stock Operator’

Jon, aka Fickle Trader, has a review of the new hardcover version of “Reminiscences of a Stock Operator”. The paperback one of my favorite stock market books and since I’m due for a re-reading of it I may have to pick up this new edition. Here’s the description from Amazon: Unknown to most modern-day investors [...]

Seven Habits of Ineffective Traders

Ken Wolff has written an excellent piece on why many traders wash out. (You may want to save that locally before Yahoo expires it.) Here are the seven reasons, the article goes into more detail on each one: When people won’t do their own homework. When people can’t explain their reasoning for a trade. When [...]

Trading 101: Recommended Reading – ‘Trend Following’

Michael Covel’s ‘Trend Following: How Great Traders Make Millions in Up or Down Markets’ will certainly be regarded as a classic investment book. Everybody involved in the markets should read this book.

Ninety Percent of Trading is Half Mental

Here’s an excellent letter, from a recent Worden Report, written by a TCNet user who shall now be known as Dame KMack: We Dub Thee Dame kmack Any trader will find Dame kmack helpful in learning to control and direct emotion in a role of making important decisions under inescapable pressures. No one is totally [...]

Success Leaves Clues

Here’s a little something I found at BondTrader’s weblog. He has a link to a page that contains quotes from some top traders: Success Leaves Clues There are certain ‘business rules’ that triumphant investors and traders adhere to. If you were able to model these business rules then maybe it’s possible for you to also [...]