Trading Is a Business
> Futures Trading Books
If you've ever wanted to read a life-changing book for traders, you have come to the right place. Trading Is a Business (for futures traders) has had a profound effect on the lives of many aspiring as well as many professional commodities and futures traders. Trading Is a Business teaches you how to conduct your trading as a professional manager of your trading business. Proper management is vital to successful trading. This book points out the fallacies that many traders hold so dear.
In this manual, Joe Ross explores the details of business management, risk management, money management, trade management, and personal management. He shows you the psychological strengths and weaknesses that cause you to overtrade, under-trade, fail to "pull the trigger," or stay in too long while you sit there and watch your profits turn into losses. You are introduced to concepts and methods that few have ever considered when entering the world of futures trading.
This is the book that shows you what to do once you are in a trade. Joe says, "Anyone can get into a trade. The problem is how do you get out of a trade without losing?" If you want to know, this is the book that demonstrates how to do it.
Trading Is a Business is the book in which Joe first revealed the concept of matching congestions, the almost magical chart patterns that get you into a trade before most other traders even know what is happening.
Trading Is a Business also shows you Joe's two favorite management tools, "The Life Index" and "Equity Charting." He credits these two tools with his ability to master self-discipline as a trader.
If you choose trading for a living as your desired career, then it is vital that you read this book. Joe says, "Trading Is a Business is the single most important book of all the books I've written."
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