Mastering the Trade (McGraw-Hill Trader's Edge)

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Mastering the Trade (McGraw-Hill Trader's Edge)
by John F. Carter
from McGraw-Hill

Customer Reviews:

• Avg. Customer Rating: 4.5 / 5.0

• please don't waste your money
  I read this book as a favor to a greeny (the term I use for newbie traders) who wanted my opinion of it. While there are some decent trade observations in this book it is far from containing any original material. Most of the ideas and indicators have been lifted for other peoples ideas, which can be found free and easy with a little research. For example the type of gap play he decribes in this book (and gap theory for that matter) have been around for a min of 40 years and derives from old school pit... more info

• Mastering The Trade
  I was excited to receive this book because it is written by a seasoned professional and as such carries a lot more credibility than one from someone who never actually managed money. I am a money manager and systems developer myself and have managed huge positions and had many hundreds of clients. The first few chapters of the book cover some basics particularly those relating to psychology and setting up to trade. All of it is good. The section on computers is as would be expected for a book published in... more info

• A Must Have for All Traders
  This book is a must for day traders. Carter's set-ups for buys and sells are amazing. Since reading and studing his methods I have almost doubled my daily revenue and looking at 6 figures this year.
  If you only read one book (and I have read many) this simple to understand and well documented text will serve you for the rest of your career in the market.

• Required in my opinion but the setups themselves don't seem great
  I read John Carter's book "Mastering the Trade" from cover to cover. There is a tremendous amount of detail in his book. And plenty of it is very useful or even necessary to know if you want to trade full time in my opinion. As a matter of fact, I think after reading a bunch of books on trading, that one book singled out some weaknesses I had in my trading I was finally able to identify. I believe the book gives you a good frame of mind with which to look at the markets. However, I tried to quickly find... more info

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