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Good points Bob....for discretionary traders.
But for systems traders, isn't the psychological aspect eliminated by using
a "non-human" form of decision-making (e.g. the software) ???
BTW: rule of trading "entries are for kids", "exits are for pros".
> -----Original Message-----
> From: Bob Heisler [mailto:bheisler@xxxxxxxxxx]
> Sent: Friday, July 21, 2000 8:26 PM
> To: Omega List; realtraders@xxxxxxxxxxxxxxx
> Subject: A couple of Good books
>
>
> It has been my experience in trading that I can have a perfect entry but
> still lose if I manage the trade improperly. In fact I did exactly that
> this morning. On the flip side, it has also been my experience that I can
> have a less than desirable entry but still be able to win if I manage the
> trade properly. This has led me to the firm belief that mastering the
> psychological aspects involved with trading is far more important than
> anything else.
>
> I am always looking for different ways or tools that can help in this area
> and recently came across a couple of books that I think are excellent and
> wanted to share with the Group. I have no affiliation with either author
> and have not met or spoken with either one of them. Although I
> am hoping to
> change that in the near future. Both books are available from any of the
> online bookstores for around $25. They are:
>
> "The Way of the Warrior Trader" by Dr. Richard McCall
> "The 21 Irrefutable Truths of Trading" by John Hayden
>
> Hope you find this post of value,
>
> Bob Heisler
> www.rjhtrading.com
>
>
>
>
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