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It has been my experience in trading that I can have a perfect entry but
still lose if I manage the trade improperly. In fact I did exactly that
this morning. On the flip side, it has also been my experience that I can
have a less than desirable entry but still be able to win if I manage the
trade properly. This has led me to the firm belief that mastering the
psychological aspects involved with trading is far more important than
anything else.
I am always looking for different ways or tools that can help in this area
and recently came across a couple of books that I think are excellent and
wanted to share with the Group. I have no affiliation with either author
and have not met or spoken with either one of them. Although I am hoping to
change that in the near future. Both books are available from any of the
online bookstores for around $25. They are:
"The Way of the Warrior Trader" by Dr. Richard McCall
"The 21 Irrefutable Truths of Trading" by John Hayden
Hope you find this post of value,
Bob Heisler
www.rjhtrading.com
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