Trading is a Business

Rating:
Summary: Ross vs Van Tharp
Review: Do not be mislead by the title. "Trading as a business," has little to say about business and a lot to say about Joe Ross and chart reading. John Hill does a much more detailed chart reading. How much do you really want to know about Joe Ross?

A more descriptive name might be Ross's "Tricks of a trader." Joe has many helpful tips about trading and technical analysis. Not a course in "Trading for a business 101," but it is always refreshing to hear a trader ramble on about trading.

I like Joe's books. Ross's "Trading Spreads and Seasonals," is at the top of almost 40 books in my Listmania "Seasonal Spread Traders Library." Joe trades by legging into spreads.

Joes business book is as Kindergarten, where Tharp's is as a MBA. Ross's subtle references to business are unlikely to make a useful impression on a new technician. You must have a plan to become financially independent. Tharp's will help you develop a trading system and business plan at a fraction of the cost of Ross.

It must be said both authors depend upon the reader having previous experience with a consistently working entry technique.

Speculation is a business of managing profits. Without the readers experience with consistent profits, managing profits is just a fantasy.

Ross aims at small steady profits, Tharp teaches risk management.

The fundamental difference is that Ross admittedly a short term Trader in this book, advocates risking a full position when you first get in and holding a small position when the market runs. Walter Bressert advocates a similar technique.

Tharp suggests simply that if you had held your full initial position until final liquidation you would have had more profits in every case.

If you want a book about trading, technical analysis etc. Joes book is fine. If you are interested in learning the business side of "Trading," I suggest Tharp's "Trade your way to Financial Freedom," instead.

Rating:
Summary: Ross vs Van Tharp
Review: Do not be mislead by the title. "Trading as a business," has little to say about business and a lot to say about Joe Ross and chart reading. John Hill does a much more detailed chart reading. How much do you really want to know about Joe Ross?

A more descriptive name might be Ross's "Tricks of a trader." Joe has many helpful tips about trading and technical analysis. Not a course in "Trading for a business 101," but it is always refreshing to hear a trader ramble on about trading.

I like Joe's books. Ross's "Trading Spreads and Seasonals," is at the top of almost 40 books in my Listmania "Seasonal Spread Traders Library." Joe trades by legging into spreads.

Joes business book is as Kindergarten, where Tharp's is as a MBA. Ross's subtle references to business are unlikely to make a useful impression on a new technician. You must have a plan to become financially independent. Tharp's will help you develop a trading system and business plan at a fraction of the cost of Ross.

It must be said both authors depend upon the reader having previous experience with a consistently working entry technique.

Speculation is a business of managing profits. Without the readers experience with consistent profits, managing profits is just a fantasy.

Ross aims at small steady profits, Tharp teaches risk management.

The fundamental difference is that Ross admittedly a short term Trader in this book, advocates risking a full position when you first get in and holding a small position when the market runs. Walter Bressert advocates a similar technique.

Tharp suggests simply that if you had held your full initial position until final liquidation you would have had more profits in every case.

If you want a book about trading, technical analysis etc. Joes book is fine. If you are interested in learning the business side of "Trading," I suggest Tharp's "Trade your way to Financial Freedom," instead.

Rating:
Summary: Going into Business
Review: I recently read Trading is a Business, Trading by the Minute and Trading by the Book...I have also read Trading Optures and Futions...Of all the books written by Ross which I have read, I would place Trading is a Business behind Trading Optures and Futions(which I believe is a very creative and interesting book)...Trading is a Business is a very provocative book, filled with honest, direct information on how to conduct one's day to day trading affairs...I would recommend it highly and would say this is the first book that all aspiring traders should read...

Rating:
Summary: Superb
Review: In this book I FINALLY realized what RISK is. After having read every major book on the subject. Thank you Joe Ross.

Rating:
Summary: I give it 6 stars!!
Review: This was my first book written by Joe, and man, does it deliver!!

Trading is in fact a business, and Joe will tell you all you need to know about futures trading and how to manage your money, your trading system, your mind... everything really! An absolute must this one. Can't recommend it enough.

This was probably the first book i ever read about trading that actually teaches you on how to make money. And it makes it all look easy. If you follow Joe's advice on trading, maybe you won't be very busy about it, since trading is a business of patience and the patterns explained don't occur that often; but the detail of his explanations will surely make you a better trader by the end of the book. If you follow what's written, and explained, on this book you will make money. Period.

Rating:
Summary: Ross vs Van Tharp
Review: Trading is a business

Do not be mislead by the title. "Trading as a business," has little to say about business and a lot to say about Joe Ross and chart reading.