An increasing number of investors are entering the high-risk world of electronic day trading―often before they’ve learned the basic principles and safeguards. Financial Freedom Through Electronic Day Trading combines Van Tharp’s mastery of trading psychology with Brian June’s nuts-and-bolts expertise to give day traders the proven strategies and information they need to survive and succeed. From little-known day trading entries and exits to techniques that foster winning attitudes and styles, these practical ideas will help readers develop their own personalized trading systems. The perfect combination of psychological preparation and hands-on practice, it discusses: *Market analysis from a day trading perspective *Techniques for determining a market maker’s position *The best day trading software
This book is packed with great examples of business plans, missions statements, and detailed trading strategies. Most of the book isn't really about trading in particular -- it has a much broader focus on being organized and deliberate. The advice and examples offered will apply equally well for any long-term effort.
I always enjoy reading about different ways to make plans and follow through on commitments, and this is a good book for that kind of stuff!
It's not the author's best book. But where else can you find R-multiple distribution info and thorough guidelines to create a trading-business plan? Those two things by themselves make it a worth read for traders.