Mastering the Trade (Third Edition)

Proven Techniques for Profiting from Intraday and Swing Trading Setups

By: John Carter

Narrated by: Scott R. Pollak

The go-to guide for launching a lucrative career in trading—fully updated for today’s turbulent markets.

One of today’s most successful traders, John F. Carter has made his popular guide more relevant and effective than ever. This new audio edition of Mastering the Trade includes the essential content that has made it a bestselling classic, and includes critical new information for making the best trading decisions in every situation. Combining insightful market overview with trading strategies and concepts, Carter provides:

• Proven set-ups, with optimal markets and non-negotiable trading rules
• Exact entry, exit, and stop loss levels for swing and intraday trading
• Seven key internals, from Skew to VIX
• Pre-market checklist for analyzing recent market behavior
• Scanning techniques for pinpointing high-probability setups
• Effective risk control techniques
• Methods for ensuring your computer runs at max speed
• Techniques for predicting market corrections

From valuable hardware and software to market mechanics, pivot points, and position sizing, Carter delivers a suite of tools for beating out the competition on a regular basis.

Mastering the Trade, Third Edition builds your expertise in knowing what’s working for you and what’s working against you, so you make a living on the frontlines of professional trading. Mastering the Trade is expertly narrated by Scott R. Pollak. All charts and graphs referenced in this audiobook are included in the supplementary PDF.

Produced and published by Echo Point Books & Media, an independent bookseller in Brattleboro, Vermont.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2019 John Carter (P)2024 Echo Point Books & Media, LLC

Best One Stop Summary of Trading Life

This book is the finest of the 37 trading books I've accumulated on Audible. It covers the topics which really matter for successful trading. I enjoyed listening to it, even with 20 years trading markets! I'd recommend to anyone getting started or has less than 5 years trading for a living.

Great Book, wonderful listen for...

... goes through specific trade techniques, etc... per Carter's trade style (not mine), but this book is filled with psychology trade lessons, life trade lessons, habits and techniques which fit any trade style. Enjoyed and recommend. The accompanying PDF is basically all the charts from his examples, and can be found in the table of contents/chapter navigation page (scroll to top). Adequate to make sense of his 'spoken' examples.

Good Info on Trading

The content is realistic and applicable for a new trader. Plan on reading it a few times.

Best with Immersive Reading

I listened to part one of this book and found myself constantly rewinding so that one nugget of information after another could be filed away. When I got to part II and all the setups, I stopped listening because I was wasting the information and my time. I tried using the pdf, but still was looking for more. I finally bought the kindle version of the book and then read and listened each morning on while I was on the treadmill. This was absolutely the right way to read and learn this book. For one I kept almost complete focus on the book and really could absorb the information. At first I had seen the repetitive narrative behind each type of setup as filler, but the repetition prevented the need for rewinding but more than that the multitude of setups helped me not only understand, but they also clicked. I saw the underlying price triggers, could look at my own charts and see the setups. This book is almost as fact intensive as a dictionary…sure there are some words you know, but others you don’t. I have bought very few books that are this valuable…and in that respect buying the kindle version to boot is a no brainer.
This book is neither filled with gimmicks or bravado, in fact the setups include some losing trades. This book took longer to read than most because I was having a trading psychology problem in my own day trading so when the book recommended Letting Go, The Four Agreements and Turning Pro (which led to reading the War of Art) - I read them all. I also have the surrender excitement and trading in the zone on deck to read next.
Rarely to I give a non-fiction author this level of credibility. Sure if David Baldacci writes a book, I will most likely read it, but I have read a great deal of non-fiction books few have secured a high degree of trust as this book did in just a few chapters. The honesty combined with experience, success and humility make this book an absolute must. I know that I will re-read this book again. Likewise, I have received a great deal of benefit from the “detour reading” based on his recommendation. It’s the style of humble confidence that makes me want to keep reading, and in some ways aspire to emulate. I guess the quote that he includes by Paul Tudor Jones sums up my feeling “Don’t be a hero. Don’t have an ego. Always question yourself and your ability. Don’t ever feel that you are very good. The second that you do, you are dead.”
Being a trader is so much more complicated than the youtubers Lamborghini and mansions…I completely recommend this book as well as all the books the author recommends.

More stuff, less fluff than almost anywhere else

Just wnough interesting viewpoints and stories to break up the drier didactic material you have to learn. Won't help you much if you don't take notes.

Educational

Must read. Loved it. Necessary for growth as an investor in every aspect of training

Good book. Almost too much information

This really is a good book with a lot of information; may even be too much information. The only thing about this book that I’m not sure about is if he really does use the tools he talks about. It just seems like too many things to consider when trading. I’m not sure if I’m a better trader now, or just more confused…

Great read!!!

Had heard about this book for a while now but finally got around to it. it didn't disappoint. Good content. I learned a lot.

Absolutely worth the time to listen

It is absolutely worth the time to listen to this ticker talk book. The flow of the material is spot on. No waste of time side discussions. The author captures real life as a trader. This is a difficult disciplined career. The number of times you'll need to look in the mirror is painfully many....

Reliance on charts makes it tough to follow

Not great in audio book form. would recommend the book instead. Lots of great information for a new trader but trading needs charts to make sense.