The Market Is Always Right: 10 Principles of Trading Any Market is for traders new to the markets, with the aspiration of getting them off to a sound start. If you follow these guidelines, you can avoid many of the pitfalls experienced by those who have gone before.
Introduction:
The key to enjoying a successful and rewarding life is living in such a way that our conscience does not plague us with regrets. Following the laws of God, as we perceive the concept, or the natural law is one way to achieve this goal in our personal lives.
We can sleep at night knowing that we have not transgressed our beliefs of what governs the universe. And we would not feel responsible for the misery of others due to the commission of any cardinal sins. Living a moral life is its own reward.
Traders must deal with human nature as they trade, both their own and their counterparts’, as they collectively react to the markets they trade. The purpose of this book is to give you an insight into what hundreds of other traders have found that works when it comes to harnessing and directing human nature most productively.
This book will help those who have been trading for a while without experiencing the level of success desired; you may well find the
help you need within this text. This is the type of bookthat the professional or semiprofessional trader should peruse periodically.
Read it to refresh your mind and reinforce your trading discipline regarding what has worked in the past and will work again—or to find and repair bad habits that you have acquired since you last gave serious thought to your trading.
Contents:
- The Market Is Always Right
- It’s All in Your Head
- You Can’t Prepare Enough
- Supply and Demand Rule the Markets
- Commit Your Thoughts to Paper
- Developing and Perfecting Your Trading Shtick
- Enhancing Your Shtick
- Dealing with One of the Toughest Parts of the Game: Discipline
- Staying the Course
- On Becoming the Ideal Trader
The Market Is Always Right: 10 Principles of Trading Any Market By Thomas McCafferty pdf