Warrior Trading: Inside the Mind of an Elite Currency Trader (Wiley Trading) (Hardcover)

by Clifford Bennett

Today's global financial markets are every bit as vicious psychologically, and sometimes even physically, as the battles the great warriors throughout history have faced. Just as the warriors of old rode out to battle with the confidence and knowledge to conquer new lands and foes, so do the warriors of the market who thrive on the battleground of the trading floor.

In Warrior Trading, Clifford Bennett, one of today's leading currency forecasters, outlines a path to trading success by highlighting the characteristics, the knowledge and skills, and the psychological state of mind required to be a true warrior trader. You'll be introduced to some fresh and unique perspectives regarding the markets, by looking at fundamental and technical analysis, as well as discovering how best to trade within the markets as an individual. Most importantly, you'll learn how to take advantage of those moments when the perceptions of most traders (the herd) are at odds with the underlying reality-moments when fear, greed, and other emotions wreak havoc on the ordinary trader's ability to operate objectively.

Divided into three comprehensive parts, Warrior Trading will show you how to develop the focus, attitude, and mental discipline of a top trader so that you can make the most out of your time in the markets.

From the Inside Flap
Among the scores of traders in the world today, there is an elite group who consistently amass immense fortunes. It is these individuals, and the stories of their wealth, that inspire millions around the globe to participate in the financial trading arena. This elite group—through focused effort, a constant search for knowledge, immense courage, and concentrated determination—wins out over the throngs of lesser traders. Those who are part of this elite group are known as warrior traders.

After more than twenty years of trading in global financial markets and discussing the markets with thebest warrior traders from New York to Switzerland, author Clifford Bennett has learned a great deal. Now, for the first time, he reveals what it means to be a warrior trader—taking you on a journey through the characteristics, the knowledge and skills, and the psychological state of mind required to be a true warrior trader.

Warrior Trading turns some broadly accepted economic principles on their heads as it presents both a practical and psychological approach to trading in the world's financial markets. In it, the market is viewed as a battleground upon which only a few great warriors are victorious. And it is these warrior traders who make the level of profits we all desire.

Here, you'll be introduced to some fresh and unique perspectives regarding the markets, by looking at fundamental and technical analysis, as well as

discovering how best to interact and trade within the markets as an individual. Most importantly, you'll learn how to take advantage of those moments when the perceptions of most traders (the herd) are at odds with the underlying reality—so you can score big in any market. Divided into three comprehensive parts, Warrior Trading provides you with a path to trading success through detailed discussions of many topics, including emotional price action; the power of market positing; and the importance of how global economic forces are impacting the markets.

Filled with in-depth insight and expert advice, Warrior Trading will help you understand how markets actually operate in the real world and show you how to trade not just to make a living, but to possibly make a fortune time and time again.