Are you an aspiring trader? Have you ever wished that you had connections in the trading business, a mentor to guide and teach you? This book is the closest thing you will find in print.
All too often as traders our focus is on indicators, historical price action, and our interpretation of fundamentals. We compile that data, interpret it as we will, and enter our trade.........only to see our position move against us almost immediately. Now what? YOU REVIEW YOUR SYSTEM, OF COURSE! Maybe, just maybe, there is more to it than that.
Jason Jankovsky tells us that we must understand ourselves to trade effectively. But then he does more. He explains how a lack of such understanding can consistently destroy ANY trading system. He explains that a true understanding of your motivations, and the motivations of those trading against you, is more valuable than any indicator, and he correlates his commentary with examples that you can relate to. In Jason's own words: You don't really need to answer the question which price is coming next; you need to answer the question where and when will the loser quit?" Then Jason shows you how to figure that out.