I just finished the audible book today. It is just amazing. The rank of this book on amazon is not that high but in my opinion, this book is even better than "Trading in the zone".
"Trading in the zone" is written by one successful trader, but this book is like by written by ten successful traders. And if you pay attention, you will discover that they have so much in common. They are serious about trading and they have passion about trading. They see trading as a great method to have a more freedom lifestyle and they were willing to take the risks before they consistently profitable.
The most important messages in this book for me as a new trader are:
1. Trade defensive. Which means you should always avoid letting your losing trade take you down. Set up a stop lose and keep the money in your pocket. With the capital, you can always get back in, but if you lose the capital, you are out of the game.
2. Don't say "trade with the money you can lose!". This is very mind blowing for me although it's just one chapter in the book about this, and there are people in the book have the opposite opinion. It did change my mind. Now I believe "This is the seed money for our family, not the money you can just lose." I should pay attention and try my best to keep it and make more out of it.
3. If you have passion in trading, 6 hours a day is okay.
4. The ones who take trade more serious have more potential to success.
Thanks for sharing your book list with us.
If possible, please share more with us. I will definitely read them all.