Trading the Plan: Build Wealth, Manage Money, and Control Risk

This book is a paradox. How can just a few simple concepts explained in a somewhat shallow way be 'enough'?Well, i've read books on money management that go too far on systems and techniques that aren't that easy to grasp or implement. This book by Mr. Deel goes a long way on showing you ways to complement your trading system with just a few rules that will keep you alive for many losing trades in a row, if such a tragic situation ever occur. So, don't waste too much time on making a buying decision. This book is for you. If you're into mathematics, this one will leave you wanting. If you just want a simple and effective way to complement a trading system so that you'll be right there for that next trade with enough tradind capital, than this is it.If you trade futures only, look elsewhere...

Being a long term successful trader is about developing and then executing a disciplined plan. This book helped me use my market knowledge and experience to build a strategic framework. Having this plan to follow helps me to minimize the extenal and internal noise associated with aggressive investing and trading and gives me more confidence when pulling the trigger...it's an excellent book!

I love author's DDRL(direction, discipline, risk and leverage) scores. We only buy after FA screen of 3:1 reward to risk,recongnize the definite trend and enter with the gap timing method. We only sell with 10-12% stoploss or lock in profit with rolling up stoploss. I discovred my weakness of trading "let loss run too long and sell winnners way too sooooooon!!! After I analyze my DDRL score, I realized the real problem of me not making money is because weakness although I have a very good trading system which gives me 70% winning odds.Buy this book and read it again and again to control your maximum drawdown

I have read many books on trading and this one stands out as one of the best. Very detailed, concise, comprehensive, and well written, this book will enhance the knowledge of any serious trader --- whether a novice or an expert. If you can only read one book on trading, this is it.

Trading The Plan equips you with the tools you need to maximize your profits, control risk, and most importantly, develop a money management program to help you limit losses. The book shows you how to tailor a strategy that fits your specific needs, goals, and risk tolerance. It also addresses the traders mindset in chapter one Investology. This chapter erases many common misconceptions about trading and investing. You will find it an engaging read no matter what level of experance you have. This book is doing very well in Europe and in California. If your goal is to be a much better trader or investor then this book is for you.