|  DEC 1985

Crooks, Cranks and Honest Citizens: Trading Psychology by Fred S. Gehm

Crooks, Cranks and Honest Citizens: Trading Psychology by Fred S. Gehm In a competitive game like commodity trading, a player should hardly expect to receive good advice from the other players. It's like asking the poker player across the table from you how you can beat him. Yet there are men and women of good will in the market and good advice is available. Besides good will, one reason experienced traders will often give good advice is that they know that the better their advice the more certainly it will be ignored. One cannot spend much time talking with traders without hearing a trader asking his or her mentor, ""Why didn't you tell me that before?"" And the mentor replying, ""I did!"" Trading psychology is a subject that experienced traders consider important, if not critical, and beginning traders generally consider of little interest and value. Some excellent advice is available in the books below and the reader will ignore it at his or her own peril.

by Fred S. Gehm