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High Probability trading
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Binding: Hardcover
Dewey Decimal Number: 332.645
EAN: 9780071381567
Edition: 1
ISBN: 0071381562
Label: McGraw-Hill
Manufacturer: McGraw-Hill
Number Of Items: 1
Number Of Pages: 288
Publication Date: March 17, 2003
Publisher: McGraw-Hill
Studio: McGraw-Hill
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Editorial Review:A common denominator among most new traders is that, within six months of launching their new pursuit, they are out of money and out of trading. High-Probability Trading softens the impact of this "trader's tuition," detailing a comprehensive program for weathering those perilous first months and becoming a profitable trader.
This no-nonsense book takes a uniquely blunt look at the realities of trading. Filled with real-life examples and intended for use by both short- and long-term traders, it explores each aspect of successful trading.
Customer Reviews
Average Rating: 
Rating:  - Don't let it sit on your bookshelf
like I did for about 3 years. Now I that I finally picked it up I am almost a third of the way through and already has Marcel Link's clear, honest, to the point language and approach to day trading dotted my i's and crossed my t's several times over. Yes, I did read books about small cap value investing, how to read charts and how to make money using all kinds of fancy systems before this one and I recommend you do the same. But don't stop there - go ahead and finish your training with this excellent ... Read More
Rating: - A Real Keeper
I've bought alot of trading books, usually at 50 bucks a pop, and some of them really leave you groaning about. I rationalize that even one good idea, even it just reinforces something I already know or reminds of something I forgot or ignored then it's better that losing 50 bucks to the market. It's kind of like trading itself, you take some losses but the winners make up for it.
This was a great book. One of the best sections I've seen on stops and exits. It goes more into the proper mentality ... Read More
Rating:  - Trading
I just started to trade a month ago with paper money. It's a good book for a beginner. The book is out of date, 2003 edition. Charts are black-and-white color that makes them difficult to read. Recommended.
Rating: - One of the Few Skills-Based Books I've Read
Unlike most books on trading, this one isn't filled with fluff. It shows you how to trade, as promised. As a very experienced trader, while I did not learn a whole lot of new material, the author's ability to crystallize difficult material into a readable form should be commended, as this is a feat extremely difficult to achieve. Excellent book. Highly recommended.
Rating: - Easily pays for itself
Until last year I was satisfied to shift my investments around between Fidelity funds. Since then I've been using a brokerage account and ETFs with a small amount of experimentation with options.
A brokerage account with real-time software is a dangerous thing, and I've made some expensive mistakes. Previous investment books have been useful, but none has helped me as much as High Probability Trading in identifying my psychological weaknesses (chasing trends, ignoring timing, overconfidence ...) ... Read More
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