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Warrior Trading: Inside the Mind of an Elite Currency Trader (Wiley Trading)
 
 
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Warrior Trading: Inside the Mind of an Elite Currency Trader (Wiley Trading) [Hardcover]

Clifford Bennett (Author)
1.8 out of 5 stars  See all reviews (5 customer reviews)

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Book Description

Wiley Trading March 3, 2006
Today's global financial markets are every bit as vicious psychologically, and sometimes even physically, as the battles the great warriors throughout history have faced. Just as the warriors of old rode out to battle with the confidence and knowledge to conquer new lands and foes, so do the warriors of the market who thrive on the battleground of the trading floor.

In Warrior Trading, Clifford Bennett, one of today's leading currency forecasters, outlines a path to trading success by highlighting the characteristics, the knowledge and skills, and the psychological state of mind required to be a true warrior trader. You'll be introduced to some fresh and unique perspectives regarding the markets, by looking at fundamental and technical analysis, as well as discovering how best to trade within the markets as an individual. Most importantly, you'll learn how to take advantage of those moments when the perceptions of most traders (the herd) are at odds with the underlying reality-moments when fear, greed, and other emotions wreak havoc on the ordinary trader's ability to operate objectively.

Divided into three comprehensive parts, Warrior Trading will show you how to develop the focus, attitude, and mental discipline of a top trader so that you can make the most out of your time in the markets.


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Editorial Reviews

From the Inside Flap

Among the scores of traders in the world today, there is an elite group who consistently amass immense fortunes. It is these individuals, and the stories of their wealth, that inspire millions around the globe to participate in the financial trading arena. This elite group—through focused effort, a constant search for knowledge, immense courage, and concentrated determination—wins out over the throngs of lesser traders. Those who are part of this elite group are known as warrior traders.

After more than twenty years of trading in global financial markets and discussing the markets with thebest warrior traders from New York to Switzerland, author Clifford Bennett has learned a great deal. Now, for the first time, he reveals what it means to be a warrior trader—taking you on a journey through the characteristics, the knowledge and skills, and the psychological state of mind required to be a true warrior trader.

Warrior Trading turns some broadly accepted economic principles on their heads as it presents both a practical and psychological approach to trading in the world's financial markets. In it, the market is viewed as a battleground upon which only a few great warriors are victorious. And it is these warrior traders who make the level of profits we all desire.

Here, you'll be introduced to some fresh and unique perspectives regarding the markets, by looking at fundamental and technical analysis, as well as

discovering how best to interact and trade within the markets as an individual. Most importantly, you'll learn how to take advantage of those moments when the perceptions of most traders (the herd) are at odds with the underlying reality—so you can score big in any market. Divided into three comprehensive parts, Warrior Trading provides you with a path to trading success through detailed discussions of many topics, including emotional price action; the power of market positing; and the importance of how global economic forces are impacting the markets.

Filled with in-depth insight and expert advice, Warrior Trading will help you understand how markets actually operate in the real world and show you how to trade not just to make a living, but to possibly make a fortune time and time again.

From the Back Cover

Today's global financial markets are every bit as vicious psychologically, and sometimes even physically, as the battles the great warriors throughout history have faced. Just as the warriors of old rode out to battle with the confidence and knowledge to conquer new lands and foes, so do the warriors of the market who thrive on the battleground of the trading floor.

In Warrior Trading, Clifford Bennett, one of today's leading currency forecasters, outlines a path to trading success by highlighting the characteristics, the knowledge and skills, and the psychological state of mind required to be a true warrior trader. You'll be introduced to some fresh and unique perspectives regarding the markets, by looking at fundamental and technical analysis, as well as discovering how best to trade within the markets as an individual. Most importantly, you'll learn how to take advantage of those moments when the perceptions of most traders (the herd) are at odds with the underlying reality—moments when fear, greed, and other emotions wreak havoc on the ordinary trader's ability to operate objectively.

Divided into three comprehensive parts, Warrior Trading will show you how to develop the focus, attitude, and mental discipline of a top trader so that you can make the most out of your time in the markets.


Product Details

  • Hardcover: 172 pages
  • Publisher: Wiley; 1 edition (March 3, 2006)
  • Language: English
  • ISBN-10: 0471772240
  • ISBN-13: 978-0471772248
  • Product Dimensions: 6.4 x 0.8 x 9.3 inches
  • Shipping Weight: 12 ounces (View shipping rates and policies)
  • Average Customer Review: 1.8 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Best Sellers Rank: #1,668,248 in Books (See Top 100 in Books)

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Customer Reviews

5 Reviews
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Average Customer Review
1.8 out of 5 stars (5 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

9 of 10 people found the following review helpful:
1.0 out of 5 stars Disappointed! Overstretched on one single theme & with little substance, December 20, 2006
This review is from: Warrior Trading: Inside the Mind of an Elite Currency Trader (Wiley Trading) (Hardcover)
It's a tough task to write a review for this book. Except it's strong emphasis against herb/consensus investing (but the author didnt tell the way to do contrarian investing at all), I really cant write a summary of what I had learnt from it as I normally did for my other reviews because there's little substance at all. I dont query how elite a FX trader the author is. However, as a trading book lover and a pro trader, I am obliged to warn potential buyers of the bad writing and presentation skill, repetitiveness of one same well acknowledged message and simply uselessness of it. I seldom rate a trading book one star, but this one well deserves it.

p.s. In case you really want to read something really "warrior trading" relevant, I would like to recommend "Way of Warrior Trader: The Financial Risk-Taker's Guide to Samurai Courage, Confidence and Discipline by Richard D. McCall". For those who want to acquire the mind of a successful trader, I suggest "Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude by Mark Douglas".
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14 of 17 people found the following review helpful:
1.0 out of 5 stars Pride goeth before the fall, September 7, 2006
This review is from: Warrior Trading: Inside the Mind of an Elite Currency Trader (Wiley Trading) (Hardcover)
A waste of money and, worse, a waste of my time. An arrogant, cliche-ridden, and self-promoting text. I hope he doesn't talk to his wife like this. Try Boris Schlossberg's book instead.
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2 of 2 people found the following review helpful:
1.0 out of 5 stars Arrogance, fluff and wasted paper, August 30, 2009
By 
SBJ400 "SBJ400" (Mt. Laurel, NJ USA) - See all my reviews
This review is from: Warrior Trading: Inside the Mind of an Elite Currency Trader (Wiley Trading) (Hardcover)
Trying to read this book (and I use that term generously) was like trying not to throw up after binge eating and drinking then taking a long boat ride in stormy weather.

I don't even know what to describe about this book except to say it is contrived, snobby and forced. A lot of anger and little substance.

Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude by Mark Douglas is the best choice for you.

If I had bought this book, I would be using it for toilet paper right now. Thankfully, my local library spared me spending one single penny on this.
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Inside This Book (learn more)
First Sentence:
Fundamental analysis is the consideration and study of all economic and political factors that may have an impact on a particular market. Read the first page
Key Phrases - Capitalized Phrases (CAPs): (learn more)
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