Nowler's Trading Journal

This is a discussion on Nowler's Trading Journal within the Trading Journals forums, part of the Reception category; Originally Posted by Nowler @ FXX Just finished that Ray Dalio audio book, Principles. Without hesitation I would give it ...

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Old Mar 9, 2018, 9:48pm   #181
Joined Oct 2015
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Originally Posted by Nowler View Post
@FXX
Just finished that Ray Dalio audio book, Principles.
Without hesitation I would give it a solid 5 out of 5.

I've recommended it to more than a handful of people already. Very worth it... Regardless of who you are (unemployed/employed, business owner/thinking of starting up, educated/uneducated)

If you are reading this message then go pick yourself up a copy! It's a solid investment, like the T2W FAQ Book
Its a brilliant book yeah, thanks for the heads up Nowler and FXX

i hope 2018 is going good for you both
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Old Mar 12, 2018, 7:15pm   #182
 
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Originally Posted by Kaeso View Post
Its a brilliant book yeah, thanks for the heads up Nowler and FXX

i hope 2018 is going good for you both
You guys are going to make me read the book...
Frankly I think he is a bit crazy (from what I have read and saw about/with him) or should we say eccentric (as we say about crazy rich people :-)
so far I have been avoiding the book, but maybe I'll read it now...
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Count de Money number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
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Old Mar 13, 2018, 1:56pm   #183
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You guys are going to make me read the book...
You can listen to the Audiobook either


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Originally Posted by Quantt View Post
Frankly I think he is a bit crazy (from what I have read and saw about/with him) or should we say eccentric (as we say about crazy rich people :-)
so far I have been avoiding the book, but maybe I'll read it now...
I have no idea what he's like personally so I cannot comment as to that, but I got a lot of reinforcement of somethings and a new way of looking at other things from it. That alone made it very worthwhile for me. I wish I could get one of the lads I know to read it because he is so far off the mark that when he adds 1+1 he gets shoe (yes, shoe!)...I mean... he's a whole new level of wrong...

There are two parts to the book, Principles of Life, and of Work.
He talks a lot about Bridge Water and how they built it up and the path they took with it. The biggest reason I recommended this to people is for the Life Principles as it addresses a large part of the reason people fail at trading (and in so many other areas) but the Work Principles were very valuable to me also!
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