Customer Reviews

How to Become a Stressfree Trader: The Accidental Discoveries of an Applied Behavioral Science Student

5 star:		(2)
4 star:		(1)
3 star:		(0)
2 star:		(0)
1 star:		(0)

 

 

This is a good book for the beginning stock trader as it foregrounds the role of psychology in the overall scheme of trading. Novice traders who take to heart the book's admonition to "plan your trade and trade your plan" will be in a much better position than most traders who decide to trade by the seat of their pants. The narrative style of the book, as it covers different topics in behaviorial science and then applies them to trading, is unique and more entertaining than most other approaches you typically see in stockmarket books.

The only drawback I find with this book, quite frankly, is some of the super-optimistic, carnival-barker-style talk about the potential success of the trading strategies given in the end of the book. Even though I agree with most of the ideas presented in this book, anyone who proclaims that making 50% or more a year in the stock market is "easy" (especially without providing any performance information the past profitability of the strategies presented) is being disingenuous.

To be sure, this book is not the end-all-be-all of books on stock market trading. However, it's a great place to start and there are A LOT worse ways to spend $15.95 if you're interested in learning how to trade stocks.

this book is the only one i found that shows you what you have to do. It shows you how to enter how to exit and most important that there are other things you have to know when you want to succed -

thanks a lot for this book

This is one of my favorite books written on trading. I have read many other books on trading and this book is by far the best book I have read. Trading like Mark Crisp says I have made well over a 30% gains in my portfolio. This year is going to be even better with using some of his other ideas found on www.niftyinvesting.com (Also if you search ebay you will find some deals ;)) Great book I look forward to reading some more from this author. Thanks Nate