一本好書:Phantom of the Pits

前幾年推薦過,現在還要推薦這本書,

Phantom of the Pits

by Art Simpson

This book is available for download on your iPhone, iPad, or iPod touch with iBooks and on your computer with iTunes. Books must be read on an iOS device.

Description

This is not a book in traditional sense, but a interview with a pit trader who wanted to be called Phantom. Phantm who has been trading for 30+ years and now wants to give back to other traders on his view on what is a better way to trade, especially for small traders. He gave out his 3 trading rules that he follows and those interviews reveal his market insights.

Here are some questions answered by Phantom's insights.

1. What is the Important aspect of trading?

2. You need to trading plan for entries, and why do you need to.

3. His view on daytrading, and how to apply his rules.

4. Many market condition, such as, how funds bid markets so they can sell the market and what should you do.

5. Is market always correct? Not so by Phantom.


He went into great details on why he use them, the psychology behind these rules. and the benefit of his rules. Better yet, his rules can be a great enhencement to any trading system.