<p><strong><font size="3">The Market Is Always Right (Hardcover)<!--Element not supported - Type: 8 Name: #comment--><br/></font></strong>by <a href="http://www.amazon.com/exec/obidos/search-handle-url/102-6000963-8150550?%5Fencoding=UTF8&amp;search-type=ss&amp;index=books&amp;field-author=Thomas%20McCafferty"><font color="#003399">Thomas McCafferty</font></a> (Author)</p><p><a href="http://www.amazon.com/gp/reader/0071396985/ref=sib_dp_pt/102-6000963-8150550#reader-link"><img id="prodImage" height="240" alt="The Market Is Always Right" src="http://ecx.images-amazon.com/images/I/41HP0P3FTjL._BO2,204,203,200_PIsitb-dp-500-arrow,TopRight,45,-64_OU01_AA240_SH20_.jpg" width="240" border="0"/></a></p><li><b>Hardcover:</b> 224 pages </li><li><b>Publisher:</b> McGraw-Hill; 1 edition (November 6, 2002) </li><li><b>Language:</b> English </li><li><strong>Book Description<br/></strong><p><strong>Rules for successful trading, direct from the traders who practice them every day</strong></p><p>Even with today's high-speed computers, online accounts, and information access, traders still live or die based on their abilities to control fear, greed, and emotion. <i>The Market Is Always Right </i>gives traders battle-proven advice for avoiding common trading setbacks by understanding human nature&shy;&shy;both their own and others'&shy;&shy;and directing it toward profitable outcomes.</p><p>Distilling the wisdom of hundreds of traders, this proactive book starts with 10 overriding rules&shy;&shy;for example, "Evaluate your performance"&shy;&shy;and then lists the subrules within each, such as "Qualify and quantify your trading pattern." Other examples include:</p><ul><li>Never chase trades </li><li>Watch the open&shy;&shy;don't trade it </li><li>When in doubt, get out </li><li> </li></ul></li><p><font size="4"><strong>Contents</strong></font><br/><strong>Acknowledgments ix<br/>Introduction: The Wisdom of the Ages xi<br/>1 The Market Is Always Right 1<br/>2 It's All in Your Head 15<br/>3 You Can’t Prepare Enough 27<br/>4 Supply and Demand Rule the Markets 49<br/>5 Commit Your Thoughts to Paper 61<br/>6 Developing and Perfecting Your Trading Shtick81<br/>7 Enhancing Your Shtick103<br/>8 Dealing with One of the Toughest Parts of the Game:Discipline 123<br/>9 Staying the Course 143<br/>10 On Becoming the Ideal Trader 163<br/>Appendix A: Types of Orders 185<br/>Appendix B: Know the Market Makers on Level 2 189<br/>Appendix C: Sources for More Information 191<br/>Glossary 199<br/>Index 225</strong></p>