posted
I wonder if there is a book about the psychology of the MM's? About their strategies and what to look out for. Such as how to recognize the actions of them trying to shake the "weak" hands out.
A book on MM strategies and even daytrader reactions would be a good read.
posted
Try "Trading for a Living". It's written by a psychologist or psychiatrist, and pretty much tells it like it is, from group psychology to "canned" software [all these sites offering the latest and greatest to make you a million] to gurus [tell me there aren't quite a few out there !!!!! Truth be told, most smart traders, if they even bother to look, look about .01% of the time at any financial sites, and spend the other 99.99% researching, kicking back and taking it easy, and recording their activities. Good luck, we all need it "out there" !!! And the MM's are not necessarily your biggest enemy; it's like the old saying "We have seen the enemy, and it is us"....
Posts: 50 | From: Houston, TX USA | Registered: Oct 2003
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posted
Thanks for the heads-up. I'm looking for good books but don't want to spend a fortune. I guess you get what you pay for though.
Posts: 38 | Registered: Dec 2003
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posted
Thanks "Administrator"! I saw that book in another thread and definitely want it. And you got it
Posts: 442 | Registered: Oct 2003
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