The Market Is Always Right

Even with today's high-speed computers, online accounts, and information access, traders still live or die based on their abilities to control fear, greed, and emotion. The Market Is Always Right gives traders battle-proven advice for avoiding common trading setbacks by understanding human natureВ­В­both their own and others'В­В­and directing it toward profitable outcomes.

Distilling the wisdom of hundreds of traders, this proactive book starts with 10 overriding rulesВ­В­for example, ''Evaluate your performance''В­В­and then lists the subrules within each, such as ''Qualify and quantify your trading pattern.'' Other examples include:

• Never chase trades
• Watch the openВ­В­don't trade it
• When in doubt, get out