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How to Become a Successful Trader The Trading Per
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Rating: 4.67/5 from 6 reviews Personality profiling for Trading SuccessAn invaluable resource for tradersHow To Become A Successful Trader by professional trader Ned Gandevani is an invaluable resource for traders, investors, and hedge fund managers seeking to increase their trading performance and deepen their understanding to harnessing the powers of the free market. From personality profiles; to decision traps one needs to avoid; to the balance of insight vs. knowledge, How To Become A Successful Trader is a very highly recommended reading before plunging wholeheartedly into volatile financial circles and the vagaries of the marketplace. Rock solid. Results gauranteed.The business of trading financial markets is perhaps one of the most daunting endeavors an individual can undertake. One with a multitude of technical and fundamental approaches which can bewilder any new trader (and many experienced traders as well). After countless hours and perhaps years of hard work in researching and understanding markets the journey down the path to a successful trading career has only just begun. Now the real work begins. If one is truly eager to discover the individual that lies beneath just become a trader and you are assured to find out. Every emotion you have ever experienced and many not yet experienced will take residence on your desk right next to your monitors...permanent residence for most. Flip through any magazine focused on trading and you will see countless ads promoting the latest and greatest trading systems and tricked out software which will give you the edge you need. Nonsense. What truly separates the consistent winners from the rest is simply psychology. Mastering psychological mechanisms which trigger all trading decsisions is the real edge winners have over losers. Yet for every 100 or so books written on trading methods, perhaps one will focus on trading pyschology. And those few have been lacking to say the least. Enter Dr. Ned Gandevani. "How To Become A Successful Trader" is an instant classic that cuts to the chase and sets the record straight, once and for all. Beyond just theory, Dr. Gandevani's use of solid research and fresh ideas delivers on the title. If one is truly honest with himself, Dr. Gandevani's Trading Personality Profile (TTP) will target all strengths and more importantly, all weaknesses in one's personal makeup. But it doesn't end there. Dr. Gandevani not only highlights flaws but offers ingenious, yet practical methods to correct them. Methods that are not only applicable to trading, but to life as well. This groundbreaking work is a must read for all traders, period. | ||||||||||||||||||
How to Be a Successful Trader begins with a brief rundown of the Trading System including: entry Point, exit point, money management and market focus. The author then leads the reader into the basis for the book. Personality traits, approaches, types, and attributes, all of which contribute to the psychological profile. This profile helps the reader understand how to use their strengths and minimize weakness in order to develop a consistently profitable trade strategy.
The book includes questionnaires, response analysis and in-depth evaluation of the readers Trading Personality. The questionnaires and their results will be helpful in many facets of the reader's lives whether novice trader or market guru. The author has researched his topic at length, resulting in a precise, informative manual for all investors.
Dr. Gandevani has conducted Trading Psychology Seminars across the United States and Europe. He is a professional trader and the developer of the renowned Winning Edge S&P Methodology. Reviewer: Shirley Roe, Allbooks Reviews