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To: X Y Zebra who wrote (14488)2/22/1999 6:16:00 PM
From: Judy  Read Replies (2) | Respond to of 34824
 
Elder's "Trading for a Living" ... one gleans something new each time one reads it again, the sum of one's experience adds another dimension on each reading.

William Eng's "Trading Rules:Strategies for Success" is good also.



To: X Y Zebra who wrote (14488)2/22/1999 6:42:00 PM
From: Lost1  Respond to of 34824
 
Doroteo--Many Thanks for your response.
I know it took some time and I really do appreciate it.
I've been reading "The Disciplined Trader" by Mark Douglas. It seems to touch on the same issues as Dr. Elder's book. It talks about a "New Thinking Methodology", which requires us to change our way of viewing things. The "Market Environment" is unstructured, much different from the environment that we all grew up believing was our reality--structured. It discusses taking responsibility for one's actions with regards to trading and not blaming, thus allowing us to come to our realities of what it is we are trying to accomplish. The book also paints a picture of traders/investors as being part of a herd with no real direction. This is where P & F and Mr. Dorsey enters the picture for me. I feel that I finally have a sound tool with which to steer myself and my future.

Thank you for your insight,

Lost1