How To Become A Successful Trader by Ned Gandevani

How To Become A Successful Trader or The Trading Personality Profile: Your Key to Maximizing Your Profit With Any System is a trading psychology book by Dr. Ned Gandevani — a Ph.D. in finance and a specialist in trading behavior. With the information presented in this book you will be able to select a strategy or modify some existing system that will be best suited for your personality. All traders are different and what’s good for one isn’t necessarily good for another. Personality-fitting is an important step in any system development. As a trader you are going to spend a big share of your time following the rules of your system — that’s why you’ll want those rules to be in perfect harmony with your psychological traits. How To Become A Successful Trader can be recommended to traders working in all sorts of markets — Forex, stocks, options, commodities, index funds or any other financial market available.

Get How To Become A Successful Trader by Ned Gandevani from Amazon.
Buy How To Become A Successful Trader by Ned Gandevani from Better World Books.
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Interesting posts about Forex trading and the most recent currency news can be found on the Forex blog that is used by the author to share his Forex experience.

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Below you can read the reviews of the book and also submit your own review about How To Become A Successful Trader by Ned Gandevani.

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2 Reviews

  1. Devra:

    Rarely do I end up buying a trading book without first reading it at a library and deciding if it is worth it or not – but this one was an exception. However, I do not regret it in the least. This book approaches the psychology of trading from an entirely new perspective – something that I have never seen in any other book before.
    The Trader Personality Profile (TPP) that he devises is quite complicated but manages to give the traders (like you and me) several insights into their own psyche. I find the recommendations that Dr. Gandevani puts down on whether one should be using a discretionary system or a mechanical system based on the TPP analysis to be quite a new and radical idea. I have never heard of anything like this. Also, he suggests several ways by which one can become a better trader – after evaluating the TPP first of course.
    One last indicator of this book’s worth is its cost. As a trader you will know the importance of a price value – and it seems that Amazon wants the big dollars for this book and it is literally raking it in because this book is worth it.

  2. Trunkster:

    This book is a how-to book for all the traders out there, but it not based on systems, data analysis, fund managements, or investment strategies – it is founded on a far more fundamental and deeper level, which is the psyche of the traders themselves. Ned Gandevani expertly combines his personal experience on the market (and the subsequent exposure to various and unending theories) with his studies on human psychology and behavioral finance. The end result: a self-contained, practical and lucid roadmap to help you chart your Trading Personality Profile (TPP) and thereby embark on the road to trading success.
    How To Be a Successful Trader starts off with an introductory tour of the trading system as we all know it – including entry points, exit points, market focus, money managements, etc. Then you are taken to the foundations of the TPP. First off, Gandevani tells you about personality traits, approaches, attributes and types – as all of them together go into the profile. To use the TPP means to understand you strengths and weaknesses as a trader and thereby use the knowledge to optimize your trades.
    The book even comes with questionnaires, analysis of responses and the like which result in you evaluating the trader in you with a strict magnifying glass. You gain insights into many things you knew about yourselves and many others you had not even a clue about. I have to say that the author is well versed in what he is talking about and it clearly shows that the content is well-researched, well-thought out – making it a precise rendition of an effective methodology on the whole.