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Description of The Way to Trade

Most people lose in the markets for one simple reason - they trade emotionally. Good trading is not a question of doing, it is a question of being. How do you trade?

Trading is a life experience. It is not like any other business. The beauty of trading is that it becomes an expression of your own personality. The truth is, good traders don't do, they simply are. And to become a good trader you have to create a model built around an approach that suits you. The Way to Trade will help you do just that.

Find your own route to success.

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Title Information

ISBN:

9781897597941

Pages:

320 pages

Format:

Paperback

Product Code:

23371

Publisher:

Harriman House

Published:

01/05/2006

Press and Industry Reviews

"An Essential Lesson Most Never Get."

"In the book you are about to read, John Piper takes you beyond theory. He provides an essential lesson that most never get."
- Dr Alexander Elder, Author of Trading for a Living

"A Thought-Provoking Book."

"John Piper's thought-provoking book reflects his individual approach to effective trading in financial markets. Not only is his own success a powerful argument for reading it, but the fact that markets are becoming increasingly volatile and divorced from fundamental values is a powerful reason for ensuring that knowledge is updated as regularly as possible."
- Tony Plummer, Author of Forecasting Financial Markets

"This Book Is Essential."

"John Piper's success is based on a combination of a clearly defined strategy, disciplined money management techniques, and the ability to adapt to differing market conditions. This book is essential for investors prepared to look below the surface and profit consistently from market price action."
- Mike Estrey, Investment Strategist

"How To Achieve Long Term Trading Success."

"Brokers love a trader who is successful over the longer term. John Piper is such a trader and this book explains how and why."
- Charles de Roeper, Berkeley Futures Limited

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About John Piper

John Piper has been involved with markets since his early twenties. In the late 1980s he started to trade options full time and did so right through the Crash of 1987 - an experience that stands him in good stead for markets today.

For over a decade he has been the editor of The Technical Trader, the leading newsletter in the UK for those who trade futures and options markets worldwide. His articles bring a fine edge of analysis to markets and how they work.

He trades full time, making consistent profits, and now manages money for selected clients at Berkeley Futures Ltd, a firm regulated by the SFA. He lives in Cobham, Surrey and in Massa, Italy.

Contents of The Way to Trade

Why You Need This Book
Foreword by Dr Alexander Elder
Introduction
Acknowledgements

Section 1: The Underlying Philosophy
1. An Introduction to the Trading Pyramid
2. The Evolution of a Trader and the 56 Steps
3. The Human Brain
4. You - the First Level of the Pyramid and Why
5. Commitment
6. Discipline
7. Money Management
8. Risk Control
9. The Three Simple Rules (Or Trading Secrets)
10. System Parameters - the Thinking Behind System Design
11. System Parameters - Simple Trading Rules and the Human Brain
12. Developing Your Methodology
13. Operation
14. The Whole Structure = Profit/Loss
15. Stops and Acceptance
16. A Trading Coach

Section 2: Market Techniques and Methodologies
17. Some Points of Principle
18. Market profile and Minus Development
19. Futures and Options
20. Spiky Action
21. An Options Strategy
22. A Number of Futures Strategies
23. Systems
24. Trading Systems and When to Use Them
25. Market Myths
26. The 10-Step Approach to Futures and Options Trading

Section 3: A Chart Tutorial
27. Low Risk Trading Opportunities on US and UK Markets

Section 4: An Options Trading Campaign
28. A War of Attrition
Epilogue