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The market is always right: the 10 principles of trading any market
Thomas McCaffertyEven with today's high-speed computers, online accounts, and information access, traders still live or die based on their abilities to control fear, greed, and emotion. The Market Is Always Right gives traders battle-proven advice for avoiding common trading setbacks by understanding human natureВВboth their own and others'ВВand directing it toward profitable outcomes.
Distilling the wisdom of hundreds of traders, this proactive book starts with 10 overriding rulesВВfor example, ''Evaluate your performance''ВВand then lists the subrules within each, such as ''Qualify and quantify your trading pattern.'' Other examples include:
- Never chase trades
- Watch the openВВdon't trade it
- When in doubt, get out
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