Binding: Hardcover
Dewey Decimal Number: 332.645
EAN: 9780071381567
ISBN: 0071381562
Label: McGraw-Hill
Manufacturer: McGraw-Hill
Number Of Items: 1
Number Of Pages: 288
Publication Date: March 17, 2003
Publisher: McGraw-Hill
Sales Rank: 6622
Studio: McGraw-Hill

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Editorial Review:

Product Description:


A common denominator among most new traders is that, within six months of launching their new pursuit, they are out of money and out of trading. High-Probability Trading softens the impact of this "trader's tuition," detailing a comprehensive program for weathering those perilous first months and becoming a profitable trader.



This no-nonsense book takes a uniquely blunt look at the realities of trading. Filled with real-life examples and intended for use by both short- and long-term traders, it explores each aspect of successful trading.






Rating: - Don't just read this book - study it
I have a small collection of books on stock trading. For the most part they tell me what other people did to be on the payday side of the market. Some are specific to a set of methods (How To Make Money In Stocks: A Winning System in Good Times or Bad, 3rd Edition), others are good read on what a trader should know, practice, do or not do (Invest Like a Shark: How a Deaf Guy with No Job and Limited Capital Made a Fortune Investing in the Stock Market).

Marcel Link takes a practical ... Read More

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Rating: - The typical traders missing LINK to becoming a consistent winner ?
At the beginning I thougt I'd read all this before and that it was all the same.
But soon after reading some more I learned some new things, f.exmpl. to use the fibonacci retracement properly, this is mandatory because every serious trader watches these levels and trade thereafter.

Marcel also goes through exit strategies , something very few other authors do.
He uses his own hard earned wisdom to give great advices.

One of the most important things was the money ... Read More

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Rating: - Excellent Book
This is an excellent book about trading, especially for the beginner. However, the beginner is not likely to recognize why this book is excellent versus the many books written about trading by non-traders. I highly recommend this book to anyone trying to teach themselves about the markets. If you already are a successful trader, the book may not be that helpful. If I were to teach a course in trading, I would consider using this book as one of the textbooks for the class, in part because there are ... Read More

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Rating: - Don't let it sit on your bookshelf
like I did for about 3 years. Now I that I finally picked it up I am almost a third of the way through and already has Marcel Link's clear, honest, to the point language and approach to day trading dotted my i's and crossed my t's several times over. Yes, I did read books about small cap value investing, how to read charts and how to make money using all kinds of fancy systems before this one and I recommend you do the same. But don't stop there - go ahead and finish your training with this excellent work. ... Read More

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Rating: - A Real Keeper
I've bought alot of trading books, usually at 50 bucks a pop, and some of them really leave you groaning about. I rationalize that even one good idea, even it just reinforces something I already know or reminds of something I forgot or ignored then it's better that losing 50 bucks to the market. It's kind of like trading itself, you take some losses but the winners make up for it.

This was a great book. One of the best sections I've seen on stops and exits. It goes more into the proper mentality ... Read More

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