I have been interested in trading financial markets for almost as long as I can remember. During this time I have encountered many fine people both traders and authors from whom I have learned a lot. A lot of what I have learned has been from my own experiences and from simply observing and listening to the market.
Market traders have acquired a reputation for being aggressive and opinionated without any particular virtues to justify these characteristics. But my experience has shown me that the best traders are anything but egotistical. Sure they are usually confident and purposeful, but an ability to put their egos and opinions aside and listen to what the market is telling them is one of the distinguishing characteristics of those I have met.
This is a difficult balance to achieve: a good trader must be confident and determined but must also be willing to accept that their opinions – perhaps beliefs would be a better word – must always be subsidiary to the facts that the markets presents. Perhaps, this ability is itself a sign of self-confidence. It is the mental strength and security of mind that they are not their opinions about the market. They are traders, successful traders. And successful traders listen to the market and act on what it tells them.
This eBook is Part 1 of a full collection of essays, articles and reviews that I have written over the years. The full collection is available to download free of charge from www.traderincharge.com.