What the book is about.
The New Trading for a Living presents trading as a combination of psychology, method and money management. It covers chart analysis and indicators, but places them inside a broader framework of planning, record keeping and controlling risk.
Our assessment.
This is one of the more balanced introductory trading books because it does not reduce trading to finding an indicator signal. Its breadth is useful for developing traders who need a framework for combining analysis, execution and account protection. More specialized readers may find individual technical sections less deep than dedicated books on those topics.
Ideas the book develops.
- Trader psychology
- Technical analysis
- Money management
- Record keeping
- Planning and discipline