Tuesday, 24 January 2017

New Trader,Rich Trader 2: Good Trades, Bad Trades

Steve Burns... an author who wrote some splendid commentary in Darvas's classic "How I made 2,000,000 in the Stock Market". Those days (during the very earlier part of my career), I used to adored Darvas stuff a lot. These days, the concept was still in my mind... but, practically, I am no more the Darvas fans... However, Steve Burns commentary was in my mind. I believe some of his commentary in the above mentioned book did helped to shape my belief and trading concept today. So, here I am with his latest book...

At the end... I am in dilemma on how to comment on this book. Overall, this is a nice book and I found it enjoyable to read. The authors divided this book into three major parts:
Part 1: Managing the Mind to stay in the game (sounds cruel, but very true, LOL)
Part 2: A robust methodology (well, an essential part for traders)
Part 3: Managing Risk (what else if not managing risk?)
Three major parts sounds good in theory. Unfortunately, it is really a "theoretically" book.  Credit must be given to the authors by presenting the "theory" through a conversation between a "new" trader versus "rich" trader. Of course, we had the well-know "Rich Daddy Poor Daddy" series before this. But, I reckon by presenting such a way, readers would not feel bored in reading this book.

As I mentioned above, since this book is more on the "theory" side... it is actually more suitable for beginners or novice. For advance traders, this book at most served as a refresher course. Advance traders might not be able to find anything new in this book. So, for experienced traders, this book may not sound appealing to them at all.

For a full rating of 10, I personally rate this book at 2/10. I love the format on how the theories being presented (new trader vs rich trader). However, this book offered nothing to impress me with my 15 years of trading journey. As I mentioned above, no doubt that it is an enjoyable read. But, I just could not find the gem I am craving for... too bad... 

Monday, 16 January 2017

The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist

I love Brett N.Steenbarger stuff... All his books never disappointed me. As such I was surprised that I missed this book even though it was published long time ago. Well, better late than never...

At the end... yes, it is still as splendid as expected. The moment I started it, I just cannot put down... I think all traders need to constantly read this book. It helps traders to improve as well as serves as a constant reminder to all traders in all aspects of trading. In the cruel world of trading, sometimes good lessons are forgotten. So, this book arrived at the right time for me.

Further to this.. this book is organized in such a way that the chapters are independent of one another. So, readers can read it in order or using table of contents that most applied to their current trading. As mentioned by author, this is not a traditional book, where readers need to read it through from front to back. Rather, readers can take any lesson at a time and apply it accordingly. Amazing...

Finally, I am trying hard to excerpt some excellent quotes from the book. However, I failed to do so as there are too many good quotes to choose from. As a result, I decided not to put any excerpt as usual. But, I highly recommend this book to all traders. I am going to make it an annual event to read this book every year. Having said that, I have no hesitant to rate this book at 10/10! What an excellent write up... thumbs up!!! 

Friday, 30 December 2016

易中天中华史:女皇武则天

这一本是这一轮中华史订阅最后的一本了。易老师的中华史肯定还有延续。但是,这一本过后,肯定又得等上好一段日子。因此,对于这本【女皇武则天】,还真的有点不舍。。。

【女皇武则天】终于回归纯历史书籍了。上一本【禅宗兴起】太闷了。一大堆宗教历史固然重要(没法子,隋唐的历史就是躲不开宗教开发),但个人实在对宗教太冷感了。这一本易老师回归中华史的历史。。。感觉太棒了!

有别于其它历史书籍,易老师把武则天写的太露骨了。除了一一揭破武则天滥杀无辜的事迹,女皇的性事也一一揭露。老样子,易老师的书肯定是历史古迹证据加上思维上的逻辑。结果整本【女皇武则天】既符合历史探讨的效果又不失“好读书,不求甚解”的界限。读者除了更了解所谓的再生弥勒佛,整个阅读过程肯定也轻松又有趣!

关于武则天和狄仁杰的“合作”,易老师的探讨简直堪称一绝!易老师根据历史证据点出了女皇因为狄大人的出现所产生的大转变。诚如易老师解剖般:“政治家的要旨是能够在霸道和温柔之间自由转换,该霸道时霸道,该温柔时温柔。武则天有这种能力,但没有狄仁杰,她开发不出来。” 这样的逻辑怎能不叫人心服口服呢?

10分满分,想找点瑕疵,还真的不容易。这本书我是非常的爱不释手。没得弹,只能给足满分。以下是书里的经典语录。。。与读者们共鸣之。。。

铁马可以得天下,却不可以治天下。开国之君必须是虎,收成是君则不妨是羊,甚至兔子。但是,羊不只吃草。如果当了皇帝,也吃人。皇权,事能让食草动物食肉的。

李治发现自己就像一只大尾肥羊,当了皇帝跟陷入狼群没有两样。之所以没被吃掉,是因为所有的狼都盯着这唯一的羊。狼们需要留着他这颗羊头,以便贩卖自己的狗肉。

高宗皇帝当然不敢相信。公主谋反,舅舅谋反,废太子谋反,现任太子也谋反,李唐皇室谋反的也太多了吧?

在武则天看来,刘仁轨的劝谏,可谓公忠体国,深明大义。裴炎则居心不良。虽然二人的劝谏是一样的。

武后是李唐的大当家,裴炎则是大管家。管家和当家的,当然能够合作。就连当家的要换太子或皇帝,也没问题。因为这不过是公司变更法人代表。但,代表可以变,权属不能改。大唐的家业是高祖武皇帝和太宗文皇帝的。管家不能把那产权证改成姓裴,当家的也不能将其改成姓武。

作为女人,武则天其实很可怜。她只能把李治当作可以操控的夫君,把薛怀义看作爱不释手的工具。何况,武后从来就没有什么“不爱江山爱美人”的浪漫情怀。她永远不会因为自己是女人,就不再是政治动物。再说,就算平等相爱又如何?带着薛怀义到夏威夷海滩去晒太阳吗?没这可能,也没这情趣。

十一年来,打破的是魔戒,放出的是心魔。这种恶原本被天地良心和伦理道德关进了牢笼,却被武则天释放了出来。请问,这是什么圣母神皇?这是什么弥勒出世?分明是老巫婆和女魔头!

释放了心魔的神皇却决定变成女皇,因为随着魔戒的解除,所有的障碍都被扫荡。剩下的事情,就是撕下那若隐若现半遮脸面的薄纱,以便正式换上皇帝的新衣。

政治家的要旨是能够在霸道和温柔之间自由转换,该霸道时霸道,该温柔时温柔。武则天有这种能力,但没有狄仁杰,她开发不出来。

游牧民族,混血王朝的排场,甚至鲜卑女子才有英姿阵仗。因此,只有大唐这样的时代才会演出武周那样的故事,产生武后那样的人物。别忘了,唐代上流社会的女人,可是化吐蕃妆,骑西域马,打菠萝球,甚至女扮男装的。她们的男人怕老婆也不足为奇。