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Books : Winning the Mental Game on Wall Street: The Psychology and Philosophy of Successful Investing

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Binding: Hardcover
Dewey Decimal Number: 332.6
EAN: 9780910944175
ISBN: 0910944172
Label: CRC
Manufacturer: CRC
Number Of Items: 1
Number Of Pages: 464
Publication Date: April 20, 2000
Publisher: CRC
Sales Rank: 836142
Studio: CRC




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Product Description:
This book is the new edition of John Magee's classic General Semantics of Wall Street. An indispensable companion to John Magee's and Robert Edward's classic, Technical Analysis of Stock Trends, Winning the Mental Game on Wall Street covers the mind set, the preconceptions, the false and misleading habits that hinder peak performance. It exhaustively deconstructs the movement of the stock market, shows you how to decipher its behavior, and teaches you its symbolic language or general semantics. Written by John Magee and edited by W.H. Charles Bassetti, this book prepares you for the mental game on Wall Street. The book re-trains your mind to handle the market skillfully. Magee, arguably the wisest investment advisor in history, leads you toward a common sense mentality and method that virtually assures success in the long run. The secret? Right mind, right habits, right techniques. Through careful study and application of the concepts suggested by Magee, an average investor becomes a highly effective trader. Winning the Mental Game on Wall Street prepares your mind to operate effectively in the financial markets.



Customer Reviews
Average Rating:  out of 5 stars

Rating: 5 out of 5 stars - A Must Read At Any Stage
This is one that I wish I had read when I first started trading. It took me over 3 years to even come across this book. I had no idea it existed. I can't be sure if it would have the same effect then as it does now. However, I honestly feel that it is essential no matter what stage you are in. One would probably benefit to read this book every 3 to 6 months. I have a pretty solid suspicion that the material is this book will take on different meanings during different stages of a trader's progression. ... Read More



Rating: 5 out of 5 stars - Top of the list
Of all the books available on the markets, this is the one I'd recommend to a beginner as a starting point. I'm not surprised that an amateur would be disappointed (or even dissapoined) in it since it doesn't provide quick-start recipes for guaranteed success in the financial arena. What it does do is explain what the markets are all about. It dispels the myths that lead to inevitable losses and eventual ruin, preparing one for the reality of the market rather than perpetuating the illusions that enable all ... Read More



Rating: 1 out of 5 stars - Dissapoined
I was really dissapointed with this book. After reading 118 pages out of 300+, and browsing over the rest, I decided not to waste my time with this book anymore. Most of the time, the author doesn't talk about the markets, trading systems, or mental strategies to win in Wall Street. He talks about word definitions, stories when he was a kid (not related to the markets), abstract philosophy, what separate us from the animals (how is this related to the title of the book?), repeats a lot of his stories 2 or ... Read More



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Disclaimer: Futures, forex, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using these methodologies or systems will generate profits or ensure freedom from losses.

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