The Way to Trade
Discover Your Successful Trading Personality
Published on 1. May 2006
Book
Paperback/Softback
320 pages
978-1-897597-94-1 (ISBN)
Description
Most people lose in the markets for one simple reason - they trade emotionally. Good trading is not a question of doing, it is a question of being. How do you trade?
Trading is a life experience. It is not like any other business. The beauty of trading is that it becomes an expression of your own personality. The truth is, good traders don't do, they simply are. And to become a good trader you have to create a model built around an approach that suits you. The Way to Trade will help you do just that.
Find your own route to success.
Trading is a life experience. It is not like any other business. The beauty of trading is that it becomes an expression of your own personality. The truth is, good traders don't do, they simply are. And to become a good trader you have to create a model built around an approach that suits you. The Way to Trade will help you do just that.
Find your own route to success.
Reviews / Votes
In the book you are about to read, John Piper takes you beyond theory. He provides an essential lesson that most never get. -- Dr Alexander Elder, Author of Trading for a Living John Piper's success is based on a combination of a clearly defined strategy, disciplined money management techniques, and the ability to adapt to differing market conditions. This book is essential for investors prepared to look below the surface and profit consistently from market price action. -- Mike Estrey, Investment Strategist Brokers love a trader who is successful over the longer term. John Piper is such a trader and this book explains how and why. -- Charles de Roeper, Berkeley Futures Limited John Piper's thought-provoking book reflects his individual approach to effective trading in financial markets. Not only is his own success a powerful argument for reading it, but the fact that markets are becoming increasingly volatile and divorced from fundamental values is a powerful reason for ensuring that knowledge is updated as regularly as possible. -- Tony Plummer, Author of Forecasting Financial MarketsMore details
Language
English
Place of publication
Petersfield
United Kingdom
Target group
Professional and scholarly
Interest Age: From 18 years
Product notice
Paperback (UK-trade)
Illustrations
1, black & white illustrations
Dimensions
Height: 234 mm
Width: 156 mm
Thickness: 18 mm
Weight
488 gr
ISBN-13
978-1-897597-94-1 (9781897597941)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
E-Book
01/2013
1st Edition
Harriman House
€42.49
Available for download
Person
John Piper has been involved with markets since his early twenties. In the late 1980s he started to trade options full time and did so right through the Crash of 1987 - an experience that stands him in good stead for the markets today. For over a decade he has been the editor of The Technical Trader, the leading newsletter in the UK for those who trade in futures and options markets worldwide.
Content
Why You Need This Book Foreword by Dr Alexander Elder Introduction Acknowledgements Section 1: The Underlying Philosophy 1. An Introduction to the Trading Pyramid 2. The Evolution of a Trader and the 56 Steps 3. The Human Brain 4. You - the First Level of the Pyramid and Why 5. Commitment 6. Discipline 7. Money Management 8. Risk Control 9. The Three Simple Rules (Or Trading Secrets) 10. System Parameters - the Thinking Behind System Design 11. System Parameters - Simple Trading Rules and the Human Brain 12. Developing Your Methodology 13. Operation 14. The Whole Structure = Profit/Loss 15. Stops and Acceptance 16. A Trading Coach Section 2: Market Techniques and Methodologies 17. Some Points of Principle 18. Market profile and Minus Development 19. Futures and Options 20. Spiky Action 21. An Options Strategy 22. A Number of Futures Strategies 23. Systems 24. Trading Systems and When to Use Them 25. Market Myths 26. The 10-Step Approach to Futures and Options Trading Section 3: A Chart Tutorial 27. Low Risk Trading Opportunities on US and UK Markets Section 4: An Options Trading Campaign 28. A War of Attrition Epilogue