14
by Ogee
The market absolutely loves taking money off people who trade by their emotions, they have no chance of ever winning even in the intermediate let alone long term. If you are not trading systematically you are not trading at all, you're just gambling and the casino (the market) will take your money all day every day.
There are hundreds of books that teach the basics of trading that you do need to know by only a few that teach how to control your risk taking and risk avoidance, two skills that are essential but which to use when?
The best by far is Mark Douglas 'Trading in the Zone'.
Life is a continuous flow of opportunities, how to decide which to accept and which to reject.