Books

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Forex MBA

I have posted a new recommended reading list, with explanations for why I think each individual book might be of interest to any aspiring forex trader. There’s also a good chance that you’ll be surprised at some of the entries that make it into the list, as some of them are not exactly your run-of-the-mill
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Catharsis

I feel much more relaxed and even-minded about my week’s trading performance since I wrote my journal entry earlier today. It is as if putting the details of my week’s trades into a journal entry has cleansed them from my mind. I spent most of yesterday and much of this morning mentally beating myself up
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Review of Stock Market Wizards

The first two books in Jack Schwager’s Market Wizards series are often considered to be trading book classics. I read both soon after I first got interested in trading over five years ago. It has thus taken me a pretty long time to get around to reading the third instalment: Stock Market Wizards. The reason
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Review of The Dhandho Investor

If anything can be described as the Holy Grail of trading and investment then following a low risk method that generates high returns is surely it. For Mohnish Pabrai, the author of The Dhandho Investor, value investing is that method. I read this book on the recommendation of a colleague who was just getting started
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Review of Millionaire Traders

In Millionaire Traders, Kathy Lien and Boris Schlossberg have replicated the well worn template used by Jack Schwager, of Market Wizards fame. The book consists of interviews with twelve successful traders. The subtle twist this time is that all twelve traders are self-made. They are almost all self-taught and grew their initial small trading stakes
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Ten thousand hours

I’ve been reading (or to be completely accurate, listening) to a few Malcolm Gladwell books recently. I’m intrigued by his assertion in Outliers that reaching the pinnacle in a given field often has more to do with hard work, practice and environmental factors than it does necessarily with innate talent. Van Tharp provides a great
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Logically

Trading research involves a lot of time spent trying to find and evaluate new or interesting techniques and approaches. Everyone has their own filters that need to be gotten past before a golden nugget is deemed to have been uncovered. These filters get more sophisticated, targeted and refined as experience is gained. Often times new
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