Mark Crisp "7 Habits of a Highly Successful Trader"
This is an excellent handbook for the Trader who want to be Highly Successful Trader.
Alexander Elder "Trading for a Living"
Very good book, where psychology and money management problems are described very well.
Evaluate your progress. Feedback is a crucial part of the learn
ing process. Keep track of how you are doing with your trading, not
only in terms of dollars and cents, but also in terms of specific sig
nals, behavior, and techniques. This gives you an idea of how
closely you are staying with the rules, which rules you are breaking,
and how often you may be breaking them.
It is important to know when you make mistakes, but it is more important to know what kinds of mistakes you make and how often you make them. This will help you overcome the lack of discipline that causes trading errors to occur.
6. Learn from every loss. Losses are tuition—expensive and good
for something. Learn from each loss and do your very best to avoid
taking the same loss twice or more for the same reason. Do not re peat the same errors. To do so indicates that your discipline is not improving.
stock market ~ stocks
investing in stock ~ investment banking
stock option ~ trading
make money online ~ money maker