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Rating: Summary: The Tao of Trading Review: If you really believe that the Eastern philosophy of Tao/Taoism can enhance your success in trading, buy and read "The way of the warrior trader, the financial risk taker's guide to samurai courage, confidence and discipline" by Dr. Richard D.McCall. Dont waste your time and money on somebody who knows so little about Tao and just does copy and paste Chinese adages and his own old writings here and there.
p.s. I had read Koppel's other books before and had rated them as two or three star stuff. I am so sorry that I had not disciplined myself enough to stop making another unnecessary loss for being attracted by the appealing title of the book. The good thing is: I borrowed this one from the library.
Rating: Summary: Forget about this Review: If you really believe that the Eastern philosphy of Tao/Taoism can enhance your success in trading, buy and read "The way of the warrior trader, the financial risk taker's guide to samurai courage, confidence and discipline" by Dr. Richard D.McCall. Dont waste your time and money on somebody who knows so little about tao and just copies and pastes Chinese adages and his own old writings here and there. p.s. I am sorry that I had read Koppel's other books before and had rated them as two or three star stuff. I am sorry that I have not disciplined myself enough to stop making another unnecessary loss by being attracted by the appealing title of the book. The good thing is: I borrowed this one from the library.
Rating: Summary: Didn't I already read this book? Review: Koppel may as well update a single book with new volumes rather than writing a new book with a new "twist" on it. A book on "Tao", and "intuition" relating to trading. What's next, "physical strength" related to trading? I don't know how serious Koppel is regarding to Tao. It seems like he found a philisophical and complex subject, like ancient religion, and found whatever way he could to relate it to trading. His link was a waste of time and served no purpose. Drop the Tao, stick with the important topics, stay serious. I got no similarity between Tao as he describes it and anything applicable in my trading. I can imagine his next book: "Gardening and Trading" where one would compare the features of "gardening" to "trading" and the demands and features that are similar to both of them. "You must trim dead leaves in your garden. You also trim losing positions in your portfolio. Only open new trades when they show promise and watch it bloom into a wonderful gain, as you would buy a seed to watch it bloom into a wonderful plant." They don't have anything to do with each other, yet, the author goes out of his way to find a parallel between Tao and trading. The author tells how Jazz is also like trading. Please, stop writing books with the same "lists" of winning trader's personality, what you do when you are upset, right-brain, left brain features, and just update one title if you have anything new to say.
Rating: Summary: Just when you thought it was safe to trade again! Review: Mr. Koppel does an interesting job of matching Taoism with trading. He opens your eyes to the necessity of following your intuition and creating your own path to success with trading. That being said this book is not for everyone. Those traders that do not buy into touchy feeliness and who want hardcore mathematics and statistics you will be sorely disappointed. As the author of three futures trading books I know it is hard to appeal to everyone in the audience, so you simply do your best. My hat's off to Mr.Koppel
Rating: Summary: The Tao of Trading Review: This is an excellent book. It almost reads like a poetry book for traders. It is not merely about the Tao...it unfolds and reveals ideas and insights like the Tao itself. This may sound somewhat strange but if you are interested in creativity and trading and its relationship to some of the great insights of the East the subject matter here will be found useful and worthwhile. Also, check out Mc Call and Steinhardt.
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