Product Description

Master the Markets by Trading from Home! how I trade for a living "Gary Smith deals in reality. If you want to really learn to trade for real profits, not hypothetical, mumbo-back-tested programs, this book is a must. I seldom read market books anymore, but I read every word of this important book. Get it." Larry Williams, author of Long-Term Secrets to Short-Term Trading "How I Trade for a Living is a remarkable book; truly a treasure trove of market information. Highly recommended." Humphrey E. D. Lloyd, MD, author of Trading S P Futures Options: A Survival Manual and Study Guide "Straight talk from an accomplished veteran on how to succeed as a full-time trader. Gary Smith recounts the obstacles he overcame on the road to trading mastery and describes the strategies, indicators, and insights he used to reach his goals." Nelson Freeburg, Editor, Formula Research "It is always valuable to get inside the mind of a successful trader. Gary Smith does a good job taking you there in a book loaded with useful tips and helpful hints. A worthy addition to any traders library!" Gary B. Smith, Contributing Editor, The Street.com "In How I Trade for a Living Gary Smith dispenses a healthy dose of that rarest of all commodities, vicarious experience from a consistently winning trader. New traders will find great benefit from looking over Smiths shoulder as he generously shares with the reader the valuable knowledge he has gained over three decades of trading." Edward D. Dobson, President, Traders Press, Inc.

Product Details

• Amazon Sales Rank: #280239 in Books
• Published on: 1999-11-18
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 272 pages

Synopsis
Master the Markets by Trading from Home! how I trade for a living "Gary Smith deals in reality. If you want to really learn to trade for real profits, not hypothetical, mumbo-back-tested programs, this book is a must. I seldom read market books anymore, but I read every word of this important book. Get it." Larry Williams, author of Long-Term Secrets to Short-Term Trading "How I Trade for a Living is a remarkable book; truly a treasure trove of market information. Highly recommended." Humphrey E. D. Lloyd, MD, author of Trading S P Futures Options: A Survival Manual and Study Guide "Straight talk from an accomplished veteran on how to succeed as a full-time trader. Gary Smith recounts the obstacles he overcame on the road to trading mastery and describes the strategies, indicators, and insights he used to reach his goals." Nelson Freeburg, Editor, Formula Research "It is always valuable to get inside the mind of a successful trader. Gary Smith does a good job taking you there in a book loaded with useful tips and helpful hints. A worthy addition to any traders library!" Gary B. Smith, Contributing Editor, The Street.com "In How I Trade for a Living Gary Smith dispenses a healthy dose of that rarest of all commodities, vicarious experience from a consistently winning trader.

New traders will find great benefit from looking over Smiths shoulder as he generously shares with the reader the valuable knowledge he has gained over three decades of trading." Edward D. Dobson, President, Traders Press, Inc.

From the Inside Flap
Gary Smith was bitten by the trading bug at the age of fourteen, and ever since he’s thought of little else other than how to make a fortune as a home–based trader. He bought his first stock in 1966, when he was just a college sophomore, and then spent the next two decades unsuccessfully chasing his childhood dream. Finally, in 1985, nearly bankrupt and ready to quit, Gary Smith had an epiphany that changed everything—and since then he hasn’t had a losing year and rarely even a losing month. His trading account has mushroomed from $2,200 to nearly $1 million. What did Gary discover on that fateful day in 1985? How did he achieve his phenomenal fifteen–year winning streak and earn an international reputation as one of the most successful home–based traders ever? Find out in How I Trade for a Living. What you won’t find in How I Trade for a Living are knotty mathematical formulas, complex technical indicators, heavy charts, or elaborate software demands. What you will find is a simple, straightforward approach to home–based trading that can be used by virtually anyone, anywhere. Unlike most "experts" writing today, Gary Smith has actually made it as a home–based trader. Step by step, Smith outlines his low–risk trading strategies and explains how to use them to trade stock index futures and mutual funds—his preferred vehicles—as well as individual stocks, options, futures, and junk bonds. He acquaints you with his favorite indicators and tells you how to get the most out of them. He offers a wealth of tips on recognizing market trends and riding them for all they’re worth. You’ve heard what the "experts" have to say about trading the markets. Now find out how it’s really done from a consummate pro in How I Trade for a Living.

From the Back Cover
Master the Markets by Trading from Home! how I trade for a living "Gary Smith deals in reality. If you want to really learn to trade for real profits, not hypothetical, mumbo–back–tested programs, this book is a must. I seldom read market books anymore, but I read every word of this important book. Get it." —Larry Williams, author of Long–Term Secrets to Short–Term Trading "How I Trade for a Living is a remarkable book; truly a treasure trove of market information.… Highly recommended." —Humphrey E. D. Lloyd, MD, author of Trading S&P Futures & Options: A Survival Manual and Study Guide "Straight talk from an accomplished veteran on how to succeed as a full–time trader. Gary Smith recounts the obstacles he overcame on the road to trading mastery and describes the strategies, indicators, and insights he used to reach his goals." —Nelson Freeburg, Editor, Formula Research "It is always valuable to get inside the mind of a successful trader. Gary Smith does a good job taking you there in a book loaded with useful tips and helpful hints. A worthy addition to any trader’s library!" —Gary B. Smith, Contributing Editor, The Street.com "In How I Trade for a Living Gary Smith dispenses a healthy dose of that rarest of all commodities, vicarious experience from a consistently winning trader. New traders will find great benefit from looking over Smith’s shoulder as he generously shares with the reader the valuable knowledge he has gained over three decades of trading." —Edward D. Dobson, President, Traders Press, Inc.

Customer Reviews

Great Book
I have read about 100 trading books and traded stocks, futures, options for about 20 years now. It wasn't until I reduced my leaverage by building positions in ISA's ie cash purchases that I began to consistently win. This is a refreshingly honest book by a true home trader who's expierience mirrors and goes beyond my own. Read it!
On a persosnal note if you wish to trade successfully learn how to interpret price action in the present and decide whether it means you are still in trend, if so hold, is it consolidating? - if so hold and watch you stops or is it reversing trend, if so go the other way, stop and reverse.
Real trading and real money on the line will teach you more than any book can.
Smith reiterates time and again that real trading is where you learn.

A great read.
I found this book hard to put down once I started reading. Like other reviewers have said, it doesn't give you much help on day trading on the internet as this is not how Gary Smith has made his money. Instead it is an inspiring book which teaches you to develop your own style, analyze every one of your trades and keep your losses to a minimum.

There are pages and pages on the techniques Gary Smith uses to trade funds but the most enjoyable parts were the early chapters where Smith talks about how he got to where he is now - something he always dreamed of as a youngster.

Outdated
Gary Smith earns his money trading so one has to give him respect. However I found this book difficult to read and of course time has moved on. The bubble has burst, decimilisation of stock prices is here and online trading is a cinch.
better books available in my humble opinipon.