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This is an important book that clearly illustrates the impacts of greed and
developing disciplined trading. It goes a long way towards destroying the myth
that somehow a qualified financial expert really knows more than you do. The
mastery of the mechanics of the market does not make you a successful trader.
Good traders apply discipline.
It is also an important book in the way it exposes the lack
of financial risk management in some of our major financial institutions. It
would be silly to believe this is an isolated case. The organisation claimed to
have worlds best practice risk management procedures.
Many people will read this book for the gossip aspects about
the lifestyle of big money. Traders read it to learn about the pitfalls that we
all face. Recognise the errors. They could be yours.
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