Way of the Trader
A Complete Guide to the Art of Financial Trading
Way of the Trader offers a fresh perspective on a mysterious art – trading the financial markets. Over 15 compelling chapters, Ian Murphy unpacks the world of a private trader, providing a wealth of practical tools for those wishing to make a living from the markets.
In Part A, he examines the job of a trader and their relationship with the market – and how to survive where so many others have failed.
In Part B he reveals the habits of serious professionals. These include essential procedures such as the Eight Checks and the Nine Filters which should be employed by all traders before a single penny is placed in the market. Most important of all, Ian explains how the Five Limits of Risk allow us to embrace the dangers at the heart of trading, so we can face the market with confidence and clarity.
In the Six Edges chapter, psychology – the key to trading success – is closely examined and we see how the concept of a trading ‘edge’ is overrated and misunderstood. We also learn how Buddhist techniques for working with the mind can be profitably employed in the market.
In Part C, the author shares three consistently profitable trading strategies which expose opportunities inherent in the market and demonstrates how to leverage those opportunities. These strategies are explained in great detail with the aid of marked-up charts and back-tested results.
Way of the Trader is a must read for anyone thinking of trying their hand at trading. It’s also an indispensable tool for experienced traders who are unable to remain profitable over the long run and need to introduce order and structure to their daily routine.
Murphy doesn’t claim to be another market guru or promise to make you millions. He’s the guy up the street who figured out how to become profitable after years of frustration and confusion. Based on his own experience and that of other professional traders, he systematically demonstrates how patience and perseverance, when coupled with an open mind and hard work, offer a path to a lifestyle which is financially independent and free.
If you have the courage to take that path, this book is the first step on the way!
In Part A, he examines the job of a trader and their relationship with the market – and how to survive where so many others have failed.
In Part B he reveals the habits of serious professionals. These include essential procedures such as the Eight Checks and the Nine Filters which should be employed by all traders before a single penny is placed in the market. Most important of all, Ian explains how the Five Limits of Risk allow us to embrace the dangers at the heart of trading, so we can face the market with confidence and clarity.
In the Six Edges chapter, psychology – the key to trading success – is closely examined and we see how the concept of a trading ‘edge’ is overrated and misunderstood. We also learn how Buddhist techniques for working with the mind can be profitably employed in the market.
In Part C, the author shares three consistently profitable trading strategies which expose opportunities inherent in the market and demonstrates how to leverage those opportunities. These strategies are explained in great detail with the aid of marked-up charts and back-tested results.
Way of the Trader is a must read for anyone thinking of trying their hand at trading. It’s also an indispensable tool for experienced traders who are unable to remain profitable over the long run and need to introduce order and structure to their daily routine.
Murphy doesn’t claim to be another market guru or promise to make you millions. He’s the guy up the street who figured out how to become profitable after years of frustration and confusion. Based on his own experience and that of other professional traders, he systematically demonstrates how patience and perseverance, when coupled with an open mind and hard work, offer a path to a lifestyle which is financially independent and free.
If you have the courage to take that path, this book is the first step on the way!
Free copy of Way of the Trader with a new Annual Client Subscription!!
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Limerick, Ireland.
All Rights Reserved
Reg No. 568257
Made with ❤️ in ☘️
Limerick, Ireland.
All Rights Reserved
Reg No. 568257
Made with ❤️ in ☘️
Disclaimer
Ian Murphy t/a Murphy Financial Trading and murphytrading.com is not authorized to provide financial or investment advice. Explicitly, the opinions and views expressed should not be understood as an encouragement to purchase or sell any particular security or financial instrument. Ian Murphy takes all reasonable efforts to present accurate information, but gives no warranty or guarantee as to, and does not accept responsibility for, the correctness, completeness, timeliness or accuracy of the information provided on this website. Information is provided entirely at the risk of the reader or viewer. Ian Murphy shall not be liable for any losses, damages, costs, claims, demands or expenses of any kind whatsoever, whether direct or indirect, suffered or incurred in consequence of any use of, or reliance upon, the information provided by him. Any person acting on the information contained in this website does so entirely at his or her own risk. Content is provided for information and education only and is not a recommendation to trade. Trading is not suitable for everyone and involves the risk of losing money. Past performance is not a reliable guide to future returns. Before purchasing a Client Subscription, you will be asked to confirm you have read the Disclaimer and the Terms & Conditions.