Readers reviews of The Way To Trade
You can add your review of this book by
contacting us . We will then place your review on this page. (You can
request to have your name deleted if you wish)
This books introduces the idea of a trading pyramid. This is a useful way of showing
how all the elements of trading - system, technique, personality, beliefs - all relate to
each other. Each of these levels becomes a chapter. Each chapter carries a 10 point
summary at the end. The structure of the book is clear and predictable.
The book does tend to suggest that there is only one right way to approach trading. The
emphasis in the title on "THE rather than a more suitable "A way to
trade" confirms this feeling. The book does tend to pay only lip service to the
notion that there are multiple ways to trade. Often the real decision is to choose the
appropriate market, match it with appropriate skills, and combine it with a trading
approach you are comfortable with.
Piper draws on extensive options and futures trading experience and this is reflected
in his ideal construct for a trader. The book is good and does give a good coverage of
market and trading conditions but it does tend to have a fairly narrow focus on the right
way and the wrong way. Readers can compare these approaches with approaches used by other
traders. From all of these we will select those bits which make sense to us and which we
are comfortable with.
View our Privacy and Internet Security Policy
guppytraders.com Pty Ltd, ACN 089 941 560