The Subtle Trap of Trading: Why So Many Smart People Don't Make Money Trading, And How To Get On The Right Track In Less Than Two Hours [Paperback]

Brian McAboy (Author)

Book Description

Publication Date: August 24, 2006

While written originally for the beginning trader to help you avoid the numerous mistakes that cause regrettable losses in trading, The Subtle Trap of Trading has been particularly popular with second-wave traders, those that have experienced the account blowout and/or hard lessons that come with being a trader. In this book, you'll discover - the mental trap that sets the stage for failure, and the steps to take to get your trading on the right track, - the 39 mistakes commonly made by traders that cause regrettable losses, and how to avoid them - the 11 elements of a successful trading business - the 6 steps every successful trader takes, which when missed keep consistently profitable trading only a dream. This is one of the few books on trading that is intentionally brief and to the point, easily read in less than two hours.

Editorial Reviews

About the Author

Brian McAboy is a trading mentor, business consultant, and retired Quality Engineer. His approach to successful trading is simple yet extremely effective and grounded in real-world practices and principles. He currently lives in South Carolina.

Product Details

• Paperback: 160 pages
• Publisher: BookSurge Publishing (August 24, 2006)
• Language: English
• ISBN-10: 1419644505
• ISBN-13: 978-1419644504
• Product Dimensions: 8.7 x 6 x 0.5 inches
• Shipping Weight: 4.8 ounces (View shipping rates and policies)
• Average Customer Review: 4.1 out of 5 stars  See all reviews (7 customer reviews)
• Amazon Best Sellers Rank: #1,383,604 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

3 of 3 people found the following review helpful:

2.0 out of 5 stars Not much stuffes, October 20, 2009

By 

Dragon "Alex" (Rochester, MN United States) - See all my reviews

Amazon Verified Purchase

This review is from: The Subtle Trap of Trading: Why So Many Smart People Don't Make Money Trading, And How To Get On The Right Track In Less Than Two Hours (Paperback)

Not like the book described, not much to learn, there is nothing as regard to trading strategy.

5 of 6 people found the following review helpful:

2.0 out of 5 stars Overpriced, July 26, 2009

By 

SP (Japan) - See all my reviews

This review is from: The Subtle Trap of Trading: Why So Many Smart People Don't Make Money Trading, And How To Get On The Right Track In Less Than Two Hours (Paperback)

There's nothing wrong with the content, all good advice. But there is nothing that isn't in a lot of other trading books. Plan your trade etc. Although I had not read the advice to make sure you have enough space to trade before!
150 pages of widely spaced font. At half the price it would be OK.
And as for the $397 worth of free bonus tools; someone missed a decimal point after the 3.
Then you can always refer to the website, with it's broken links.

7 of 12 people found the following review helpful:

5.0 out of 5 stars Awesome Book for any serious trader, September 21, 2006

By 

S. Hoffman (Knoxville, TN USA) - See all my reviews
(REAL NAME)   

This review is from: The Subtle Trap of Trading: Why So Many Smart People Don't Make Money Trading, And How To Get On The Right Track In Less Than Two Hours (Paperback)

I've spent the last year just working on my trading psychology, the true "Holy Grail" of trading, and I've heard pieces of the wisdom in this book echoed in many places. What Brian has achieved in this easy-to-read guide is a distillation of how to identify, and focus on correcting, the chinks in one's emotional armor.
The concise nature of his approach makes it much easier to really 'get it' with regard to how, as trader's, our emotions can cause us to stack the deck against ourselves. The exercises help to zero in on those issues that throw up blocks to effective trading.
Don't just read it and put it on the shelf. This book is great for a regular 'tune-up' to improve trading performance and consistency in one tight package.