Great book on trading

J

John9999

I don’t know who to thank for the recommendation. I just got my copy of “rule the freakin markets“ by Michael Parness.

This is going to be a great read. He is just a regular guy that really made it as a trader. He’s honest enough to admit his initial failures. He’s not some Wall Street suit or Wharton school of business graduate.

Highly recommend
 
John9999 said:
I just got my copy of “rule the freakin markets“ by Michael Parness
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Handle123 said:
Optionetics ROFLMAO, can't believe they still in business
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Optionetics is as innovative and smart and successful as a cubicle.
I'll bet you one dollar...that no one in their team can teach you to trade an orange out of a supermarket.

Michael Parness' strategy sounds kind of similar to mine.
https://seekingalpha.com/article/3736096-parness-art-trend-trading
http://www.homebasedbusinessreviews.com/michaelparness.html
I'm surprised I just heard about this guy now, specially given his apparent fruitful, exponential success in the market o_O,

John, after reading that book twice or four, report back here...hopefully, saying you're now a millionaire,
2018. Now is your year...you finally experience market success. No more Chipotle for lunch, but steak house.
Mazal tov, Make being Elite...Great again

If I ever get rich trading, I'll buy a Porsche GT3 RS or Ferrari 458 -- not sure which I want more.
 
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John9999 said:
I don’t know who to thank for the recommendation. I just got my copy of “rule the freakin markets“ by Michael Parness.
More...

I posted the recommendation to you.
In your "How to work towards going full time" thread.


tiddlywinks said:
There is a book, from early 2000's that might help. In fact, it's the only reason I would recommend this particular book. It was helpful for me for exactly the same reason(s).

The book is "Rule the Freakin Markets" by Michael Parness.
The first several chapters as I recall, address the factors, from a practical view, not skill, that is required.

I would not pay much for the book nowadays... it's likely available used, for small change, or through a torrent for even less than that.
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Read a few pages, it just seems like he modeled the behavior of the markets in his head and looks for repeating patterns. But I doubt reading the book will give you the secrets to be a millionaire. He put in the screen time and without actually putting the screen time, a novice will have hard time in decision making tree.
 
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