Independently Published New Trader Rich Trader 2: Good Trades Bad Trades

It explains the important points in trading in a very clear way.

邦訳本のニュートレーダー＆リッチトレーダーがあまりよかったんで、続編にしてまだ邦訳されていないこの本を買っちゃいました。長い目次なんです。そしてそれがどうやら結構本体の要点にもなってる。なので、目次をじっくり読むだけで、とりあえずはかなり役に立ちそうです。ていうかその目次には基本的なことが書かれているんだけど、それをちゃんと自分はやっているのかどうか、そこが問題なわけ。そのチェックリストとしては結構いい感じです。

Great books! (both New Trader 1 & 2) As a new trader trying to learn the ropes this was a fantastic read and helped me to formulate an actual trading plan and put some things into perspective. I have read several market & trading books, but this one was a fun read that is not dry like most trading literature. Worth every penny and a great novice/intermediate book. I wish I would have started with New Trader Rich Trader. I think it would have helped me find my direction much better and faster.

“cut your losses short”; “no free lunch on Wall Street”; “The Market Can Remain Irrational Longer Than You Can Remain Solvent”; and all other maxims, proverbs, etc. are the essence of both books. Nothing new, no real content. Could have been written by a librarian or freelance journalist.

I have been working on my methodology for the last 24 months; this year up 41%YTD. Once you have found a methodology that fits your personality and you trust it and believe in the probability of success the whole game becomes money management and self control. This books puts all of that into context and its nice to know everyone goes through the same trials and tribulations to be an effective and profitable trader. Thank you! It's an excellent and enjoyable read.