A simple and direct book, written in plain language, but the ideas here are the result of years of thought, practice and genuine mastery. In fact, to a novice (or even intermediate) investor, some of author Stanley Kroll's trading advice may appear obvious, even tautological. I recommend instead to read them as koans: ruminate and chew them over, think of analogous situations you've been in yourself, and then think of ways to apply the idea. See for example, when the author discusses how long he holds a "long-term" position, he says, "You hold a position for as long as the market continues going your way." A novice investor would see this as inane; the advanced investor sees it for the wisdom it is, and knows he needs the reminder. [A quick affiliate link to readers to the book here . You can support my work here by buying all your Amazon products via any affiliate link from this site, or my sister site Casual Kitchen . Thank you!] The author counsels rea...
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