How Markets Are Structured

by Curtis Faith

This Element is an excerpt from Trading from Your How to Use Right Brain Instinct & Left Brain Smarts to Become a Master Trader (9780137047680) by Curtis Faith. Available in print and digital formats. Use your brain's rational side to prepare your intuition--so they can work together to make more winning trades. Gut intuition is not enough to become a master trader. You also need a mature understanding of the markets' structure, or as Einstein said, "a feeling for the order lying behind the appearance." To use intuition, you must tap your left brain's skill at reasoning to supply the proper framework, built on the repeating market-price behaviors arising from repeated interactions among market participants.

10 pages, Kindle Edition

First published April 16, 2010

About the author

Curtis Faith is best known as a member of the elite Chicago trading group, the Turtles. The group started as a bet between its founders: Were traders born or raised? In his early 20s, Curtis earned more money than makes good sense as a Turtle and he wrote a bestselling book, Way of the Turtle, detailing these adventures.