Rules of The Trade: Indispensable Insights for Online Profits

Author: David S. Nassar, Bill Lupien
List Price: $24.95
Our Price: Click to see the latest and low price
ISBN: 0071354638
Publisher: McGraw-Hill Trade (22 February, 2001)
Sales Rank: 94,723
Average Customer Rating: 4 out of 5

Customer Reviews

Rating: 5 out of 5
Simply The Best Book I Have Read On Trading
If you want a no nonsense, tell it as it is book, this is it. I love this authors writing style. This book is filled with experience and depth that comes through in an easy to read fashion. Finally a book that speaks directly to the issue of market psychology, and what it takes to be a trader.

The lessons taught focus at the core of what emotions and demons a trader can face. So many books are riddled with useless facts and information that makes them hard to finish. This book is a "page turner". Like a good movie, I didn't want it to end. The book and its author are direct, funny, and interesting.

I really loved this book. I am reading it again and giving it as many stars as I can!


Rating: 5 out of 5
Great Book.
What a great book. This book was an adventure to read! A real page turner, which is something you can not say about many financial books. I have traded for years and feel this book synthesizes the real essence of trading better than any book I have ever read and I read plenty of books. David has a real feel for the markets which comes through in his writing. Better than his first book, although I would suggest both since this book reflects a more confident writing style that speaks to the experienced trader much more.

As far as other books I think are notable, I would read the classic market wizards book, reminiscences of a stock operator, trading for a living, and the daytrader. There are several others I like but this should get you started. All in all, this is my favorite so far. Awesome job Nassar!


Rating: 1 out of 5
Mismatch between Title, book description and content
I bought the book based on excellent reviews here and very attractive description.

However, I have been very disappointed because the content does not reflect the attractive title and description. The book is almost 100% for daytraders trading with level II screen. This is not said anywhere. "Online" does not mean exclusively daytrading to my opinion. It keeps on repeating "be disciplined" to fill space. One of the example of trade record given does not fit the explanation given in the text. For example, the trader made most of his profit in a single swing trade lasting several days whereas Nassar wants to show us that the guy is a good daytrader...

Another interesting thing: This book is not for beginners but it describes in fact very general basic rules... in a tough style that assumes that the reader already knows almost eveything.

When you read the table of contents, it looks great: how to enter, to exit, etc... but none of this is given in the book. No techniques are given.

Conclusion: This book could be fine if the description was fitting the content. It is for daytrader watching level II screen and who trade instinctively.

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