Thursday 1 August 2013

Art of the Trade



 This is a reprint of "Dancing with Lions" where the author was using an anonymous identity then in 1999. Basically, this book is more on the storytelling rather than teaching you how to trade. I believe the author is coming out of his anonymous identity because he is currently giving seminars to teach people how to trade :).

This is an interesting read if you do not have much expectation as it depicts the life of a commodity broker which is something out of the movie "Boiler Room". It reminds me of the days of the "White House" in Tanjong Pager where all the bucket shops are located.  They will entice people to go for their career talks which promised high hourly pay. Their main motive was of course to persuade you to invest so that they can churn you till you are totally depleted. I have been through the career talk but have never invest as how much can a student looking for a holiday job have?

The book does touched on the emotional side of trading as in how to handle losses and the common risk management concept. Overall, it is not spectacular but could be a book you could bring to a holiday trip. You could finish the book in one to two seating.

Lee


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