Tuesday, 29 September 2020

Super Trader: Make Consistent Profits in Good and Bad Markets

This is my 4th visit on this book. Amazing, till today, I still have the urge to reread this book. My last read was in year 2017. Three years back, I rated this book at 10/10. Let us see whether this book still attracts me after three long years... 

This time around, I felt quite bored especially the front part of this book. I may had improved over the years. I may had stop learning over the years. Basically, there are a lot of possibilities behind that. However, when I flip into Part 3 on developing the system, my mood immediately swung back. Yes, I got the answer. The part 1 and part 2 did not sounds appealing to me anymore as I had been doing the same routine task for almost 17 years!!! Unfortunately, Part 3 still sounds good to me as it seems I am still learning on the trading path. One of the main reason was on the changes of trend over the years. As we all know, trend following no more serves as a holy grain to traders for some time. The advance technology not only made the world faster. In fact, it was on rapid speed every year in the world of trading. As such, the theory in this book especially on playing around with R stuff (the initial risk) becomes more and more important these days. 

Overall... after finished this book, the fourth visit still seems to be a worth visit. This is a book that needs to revise and refresh every now and then. End of the day, the pace on the market obviously changed. However, the price is still the price. We traders are evolving each year as according to the market's evolvement. In view of that, for a full rating of 10; I am going to rate this book at 7/10. I hope that I have the chance to rate this book at 1/10 in the future. If I keep on coming back and rerated this book at high, it means I actually stop learning. Finger cross that the day of 1/10 will come soon... 

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