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Here are
reviews posted by some of the traders and book reviewers:
Personality profiling for Trading Success,
February 23, 2004
A how to book for
traders based not on systems, fund knowledge and
investment strategies but the deeper more personal
issue, the psychology and personality of the trader.
Ned Gandevani drew from years of personal experience
with the market and its numerous and random theories
of successful trading and combined it with his study
of behavioral finance and human psychology. The
result is a comprehensive, practical guide for
determining your own Trading Personality Profile
thus ensuring your greatest chance for personal
success.
How to Be a Successful Trader begins with a brief
rundown of the Trading System including: entry
Point, exit point, money management and market
focus. The author then leads the reader into the
basis for the book. Personality traits, approaches,
types, and attributes, all of which contribute to
the psychological profile. This profile helps the
reader understand how to use their strengths and
minimize weakness in order to develop a consistently
profitable trade strategy.
The book includes questionnaires, response analysis
and in-depth evaluation of the readers Trading
Personality. The questionnaires and their results
will be helpful in many facets of the reader's lives
whether novice trader or market guru. The author has
researched his topic at length, resulting in a
precise, informative manual for all investors.
Dr. Gandevani has conducted Trading Psychology
Seminars across the United States and Europe. He is
a professional trader and the developer of the
renowned Winning Edge S&P Methodology. Reviewer:
Shirley Roe, Allbooks Reviews |
An invaluable resource for traders, June 12, 2003
How To Become A Successful Trader by professional
trader Ned Gandevani is an invaluable resource for
traders, investors, and hedge fund managers seeking to
increase their trading performance and deepen their
understanding to harnessing the powers of the free
market. From personality profiles; to decision traps one
needs to avoid; to the balance of insight vs. knowledge,
How To Become A Successful Trader is a very highly
recommended reading before plunging wholeheartedly into
volatile financial circles and the vagaries of the
marketplace |
Rock solid. Results guaranteed., April 3, 2003
(Posted on Aamzon.com.)
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Reviewer: Nikolaos from Long Island, NY USA
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The business of trading financial markets is perhaps one
of the most daunting endeavors an individual can undertake.
One with a multitude of technical and fundamental approaches
which can bewilder any new trader (and many experienced
traders as well). After countless hours and perhaps years of
hard work in researching and understanding markets the
journey down the path to a successful trading career has
only just begun. Now the real work begins.
If one is truly eager to discover the individual that
lies beneath just become a trader and you are assured to
find out. Every emotion you have ever experienced and many
not yet experienced will take residence on your desk right
next to your monitors...permanent residence for most.
Flip through any magazine focused on trading and you will
see countless ads promoting the latest and greatest trading
systems and tricked out software which will give you the
edge you need. Nonsense. What truly separates the consistent
winners from the rest is simply psychology. Mastering
psychological mechanisms which trigger all trading decisions
is the real edge winners have over losers. Yet for every 100
or so books written on trading methods, perhaps one will
focus on trading psychology. And those few have been lacking
to say the least.
Enter Dr. Ned Gandevani. "How To Become A Successful
Trader" is an instant classic that cuts to the chase and
sets the record straight, once and for all. Beyond just
theory, Dr. Gandevani's use of solid research and fresh
ideas delivers on the title. If one is truly honest with
himself, Dr. Gandevani's Trading Personality Profile (TTP)
will target all strengths and more importantly, all
weaknesses in one's personal makeup. But it doesn't end
there. Dr. Gandevani not only highlights flaws but offers
ingenious, yet practical methods to correct them. Methods
that are not only applicable to trading, but to life as
well.
This groundbreaking work is a must read for all traders,
period.
The Profile of a Trader
Reviewer:
J. Cidzik, full time S&P Trader,
January 15, 2003, (Posted on Barnes&Noble.com .)
Dr. Gandevani has shed a new light on the Psychology of
trading. Using a clear cut approach based on hard science
and documented research instead of speculation and anecdotal
theories, Dr. Gandevani he has brought to the forefront the
real key to successful trading, the "Trading Personality
Profile." Large corporations, military, law enforcement, and
job placement agencies all use profiles to identify specific
personality traits to maximize performance. Dr. Gandevani
has taken this documented approach and has adeptly applied
it to trading by identifying the ideal profiles for specific
trading styles. He then takes it a step further and provides
you with a questionnaire to identify your own trading
profile in order to determine the type of trading for which
your are best suited. For those of you who have ever traded
or are currently trading, this will be an eye opening
experience. For those of you looking to trade, this will
save you untold amounts of frustration. This book is a must
read for all traders and investors. It will not only help
you identify your strengths and your weaknesses with regards
to trading, but give you strategies designed to maximize
your performance and put you on the road to achieving your
trading goals.
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The
Trading Personality Profile, December 18, 2002
(Posted on
Aamzon.com.)
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Reviewer: A reader from Los Angeles, CA |
The Trading Personality Profile,
by Dr. Gandevani, describes how a trader can identify his/her
personality traits and furthermore provides supplemental
strategies designed to maximize desirable traits and neutralize
negative traits. Determining your trading personality is crucial
because you discover which types of trading approaches are best
suited for YOU. This enables the trader to bridge the
profit/loss gap between a trading system's hypothetical
performance and the trader's actual performance.
On a personal level, I have developed an awareness of my
personality/characteristics and as a result, many of my thoughts
and actions are both scientifically explainable and often times
predictable. I am now conscious of my irrational beliefs
(derived from my weak traits) and am able to remedy them before
they become undesired behaviors. (i.e. bad trades)
Every trading day I apply the concepts in this book. I made an
outline of the impeding "traps" that I am vulnerable toward
(according to my weaknesses) along with the corresponding
corrective strategy so that I can conveniently refer to the
concepts as the day progresses. This prohibits me from creating
any costly mistakes by knowing how to diagnose the belief &/or
behavior.
The information I received about myself from this book has
helped immensely. The book has saved me time, $$$, and potential
frustration. I am sure it will help put you on a profitable path
to success as well.
Finally,
a book on the science of psychology in trading., December 4,
2002 (Posted on Aamzon.com.)
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Reviewer: A reader from Toronto, Ontario Canada
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The Trading Personality Profile is the first book I have read
which identifies the science of psychology to trading. I have
read a number of books and articles which focus on pop
psychology, telling the reader that it's discipline,
persistence, determination and focus which will render success.
However, there is a serious dilemma. These books never identify
the science of why we are incapable of achieving success as
traders or investors. Dr. Gandevani has finally written a book
which is a must read for any serious individual in the
investment community, or anyone who is interested in bettering
their lives. He recognizes that we must first understand
ourselves with a Trading Personality Profile Test, which
identifies our strengths and weaknesses in all facets of our
personality and character. In turn, this allows us to genuinely
focus on the real issues at hand. If you are a dedicated student
of the markets or in life, then this is a must read. It is
perhaps the finest book I have ever read on the subject of
psychology in trading.
   
J. Bertucci, learning the business of trading,
December 12, 2002, (posted on Barnes & Noble.com.)
If You Really Want to Know the Truth!
If you are a trader or have ever traded the markets you know it
is 90% emotional. Emotions move the markets. Dr. Gandevani has
written a book that will tell you the right kind of system that
you, emotionally, are equipped to trade for maximum results.
Professional traders know the importance of keeping their
emotions out of their business. This book gives all levels of
traders the truth about themselves and their trading. After
reading this book you will have to take a look at the real YOU
to find the real problems with your trading. If you want to
trade the markets and have even a remote chance of success, this
book is a must read, IF..you can be totally honest with
yourself.
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