Manuscript on Trading Book
INTRODUCTION:
What are my thoughts concerning trading over the years?
As I sit at my favorite place to think, my local Barnes & Noble Bookstore here in Greensburg, PA. I am reminded about how lucky I am to be alive and to be able to do the one thing I am most passionate about trading … outside of God, and my family.
Being an independent trader is the most enjoyable experience, I believe a person can obtain. More importantly, here is one arena where a person can start with next to nothing, and make themselves into something. You have the ability to truly reach for the stars; if you fall short you can still reach the moon.
My first immediate thought on becoming a successful trader has to be the learning process is a hand’s on job. There is no experience quite like your own experience as it relates to trading.
What do I believe is true is it relates to trading?
The next conclusion concerning trading over a lifetime; you have to be able to survive and thrive through turmoil.
The best teacher for a trader is experience. Many years ago, I use to wonder how a person gains experience, if no one is willing to take the time to train a person. In my pursuit of becoming a successful trader, my trading experience has been filled with many twists and turns throughout my career.
There have been way too many books written on the subject of trading. My library is filled with many of these so called trading ‘masters’. Whether they are a true master or not, is not for me to say.
What do I know about trading?
To become a successful trader, think of it as a building process. Much like any profession that requires training, you have to start at the foundational level to make any progress on the journey.
I believe the toughest concept concerning trading is the overwhelming desire to make money quickly, in this cut-throat environment. There has never been a week and now with the lightning speed of email, a day, where I don’t see a ‘get rich quick in trading scheme’ come across my trading desk.
In my early trading career, I fell for the same hyped-up mumbo jumbo sales letters. The millions in a year stories. The latest greatest bread slicer trading method/system … just send $XXXX to this address or website.
Why am I writing a book on trading?
My purpose in writing this book is to talk to the small account trader working hard to make a living trading. The grinders out here, that have the never say die attitude. The, I will survive, mentality it takes to become a success as a trader.
Being a trader is not for the faint of heart, after all, you may find yourself at the mercy of the market, if you allow it to take control. Let’s talk a little bit about control … there is no such thing as a single person having control of the market.
You may be able to influence the market as a big account trader for a short period of time, but the market is much bigger than any one person or company.
Enjoy the Journey!
I believe, the journey a person goes on, can be the greatest gift I may be able to give you. So enjoy the ride … YOU … the aspiring trader looking to take this journey with me.
The chart above is the eMini Dow Daily OHLC Bar Chart. My first trading course I put online was called the eMini Bull Bear Trading Method.
In 2009 on YouTube, I recorded 9 videos documenting this trading strategy: eMini Bull Bear Trading Strategy.
We will start our next discussion, in areas, I believe are important to understand as a trader. They are: TRENDS, WAVES, and SUPPORT and RESISTANCE.
Good Trading and God Bless,
David M. Knight
TradeCraze
P.S. Would YOU like to read my Manuscript on Trading? Manuscript on Trading PDF
I am a 30 Year Futures and Commodities Trading Veteran. In addition, I enjoy games of skill and chance like: poker, craps, blackjack and roulette. During my professional career, I have developed and implemented successful trading strategies and methods; along with winning systems in games of skill and chance. Join with me on our mutual journey together.
