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The Way of the Warrior-Trader: The Financial Risk-Taker's Guide to Samurai Courage, Confidence and Discipline
Trading is war, an ongoing battle against other traders to get to profitable positions first, seize profits and move on to the next battle. The Way of the Warrior Trader applies time-honored precepts of the samurai discipline to modern trading, showing the reader ways to use centuries-old methods for victory in today's trading markets. The Way of the Warrior Trader: Provides a six step action plan for trading; Explains how to recover psychologically from a loss; Describes how to overcome the deep-seated psychological barriers to effective trading.
224 pages, Hardcover
First published March 1, 1997
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Displaying 1 - 3 of 3 reviews
January 26, 2009
This book is fun just for the anecdotes peppered throughout it. Each chapter is bookended by a samurai story at the beginning and an anecdote about stock trading at the end. These stories are cool and always elicit a smile.
However, there's a lot of mystical woo and silliness to be found in this book, the worst example being the sections on the 'law of manifestation' -- that misguided idea that thinking about something _causes_ that something to occur. The example given is when the meditation class chose to focus on Chiquita bananas, and they 'sent' that image out into the 'universe.' And then, when they went to the supermarket to get lunch, guess what! They saw Chiquita bananas! Clearly, this is a sign of the great interconnectedness of all life, and the supernatural power of intentional thought!
If you can stomach the silly BS like that, there's a lot of good stuff to take out of here. The real lesson of the 'Chiquita banana' has nothing to do with 'universal manifestations' -- it has to do with paying attention. You will have an easier time hitting a target if you know what you are looking for. If you decide to be consciously aware of X, you will be more likely to notice X. Simple, but effective and relevant on a wide scale. I get the impression the author is engaging in pandering in many sections -- almost invariably, after giving the New Age 'woo' explanation for some mystical experience, he'll then also discuss the reality-based explanation. What's he really believe? What's the real point of the text? Who knows -- ultimately it's a book of mental tools, use what you like and think of it what you will.
Nevertheless, it's a fun read -- and I also like the breathing and relaxation exercises described. Always fun to try new things!
However, there's a lot of mystical woo and silliness to be found in this book, the worst example being the sections on the 'law of manifestation' -- that misguided idea that thinking about something _causes_ that something to occur. The example given is when the meditation class chose to focus on Chiquita bananas, and they 'sent' that image out into the 'universe.' And then, when they went to the supermarket to get lunch, guess what! They saw Chiquita bananas! Clearly, this is a sign of the great interconnectedness of all life, and the supernatural power of intentional thought!
If you can stomach the silly BS like that, there's a lot of good stuff to take out of here. The real lesson of the 'Chiquita banana' has nothing to do with 'universal manifestations' -- it has to do with paying attention. You will have an easier time hitting a target if you know what you are looking for. If you decide to be consciously aware of X, you will be more likely to notice X. Simple, but effective and relevant on a wide scale. I get the impression the author is engaging in pandering in many sections -- almost invariably, after giving the New Age 'woo' explanation for some mystical experience, he'll then also discuss the reality-based explanation. What's he really believe? What's the real point of the text? Who knows -- ultimately it's a book of mental tools, use what you like and think of it what you will.
Nevertheless, it's a fun read -- and I also like the breathing and relaxation exercises described. Always fun to try new things!
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October 7, 2019He is a fraud, only if saw I the court case before I bought the book. The writer has a whole court case about misleading people.
"During the relevant time, the website identified McCall as
“Dr. Richard McCall, PhD” and represented that he is a former clinical psychologist.
13. In fact, McCall graduated high school in 1972 and thereafter received no undergraduate or graduate degree from any educational institution. McCall claims that his
Ph.D is not an academic degree but instead a doctor of humanity or divinity from an
undisclosed (and likely unaccredited) institution. The website did not disclose any such
limitations to McCall’s supposed qualifications. "
Read here: https://www.cftc.gov/sites/default/fi...
"During the relevant time, the website identified McCall as
“Dr. Richard McCall, PhD” and represented that he is a former clinical psychologist.
13. In fact, McCall graduated high school in 1972 and thereafter received no undergraduate or graduate degree from any educational institution. McCall claims that his
Ph.D is not an academic degree but instead a doctor of humanity or divinity from an
undisclosed (and likely unaccredited) institution. The website did not disclose any such
limitations to McCall’s supposed qualifications. "
Read here: https://www.cftc.gov/sites/default/fi...
May 18, 2022
I absolutely loved this book... Doesn't make you a professional trader but you'll get a lot of good information out of it... The stories are pretty compelling as well
Displaying 1 - 3 of 3 reviews