Tuesday, March 13, 2007

Trader Vic - Methods of a Wall Street Master - Book Review

Trader Vic--Methods of a Wall Street Master

What Is It About?

This book is about a successful trader and his methods to achieve stock market success. The book covers trading system development, basic economic theory, and emotional discipline while trading. The book is well written and presented in a fashion that even the new investor or trader can follow.

What Did I Get Out Of It As A New Investor?

This is a great book. Even though it is nearly fifteen years hold, the book presents guidelines that are never out of fashion. Taking the reader through philosophical development of a trading system, trend following, market cycles, and psychological commitment to the trading system, the author helps the new investor or trader grasp what it takes to succeed in the market. A solid work from beginning to end.

The Good News

An easy to read book about trading that one can learn a lot from.

The Bad News

May not be the best book for those who reject any method other than fundamental analysis.

The Bottom Line

A great book worth the time to read because it sets forth timeless guidelines all traders should understand.

Other Related Reading:

 My Review   My Review


Chris said...

This is an excellent book!

sami said...

This is an awesome book. much more than technical analysis... a great read even for non-traders.


Excellent books on trading.