A Zen Trading System - Kindle Non-Fiction

A Zen Trading System 
by Praveen Puri

If you are like most people, you probably
worry about having enough money for retirement and, perhaps, sending
your children to college.

After the Great Recession, and all the
stories of Wall Street hedge funds "hacking" the markets with
algorithms, it's understandable to think that successful investing is only for the upper
"1%".
This isn't true, however.  The fact is that anyone can trade stocks, mutual funds, and ETFs.  There is a dead simple, easy to use trading system that can handle today's volatile markets.

Praveen Puri, who wrote the
best-selling book "Stock Trading Riches: The Simple, but Powerful
Formula that Transforms Your Stock Picks into Money Pumps", suggests
that investors would do well to shift their focus from Wall Street to
the
Great Wall.

Puri is one of the growing numbers of financial and trading veterans who started to embrace Eastern principles for success.

In the '90's, he was a day trader glued
to screens, phones, and CNBC. Puri found himself running faster just to
stay in the game. He felt pressured to leverage his portfolio with
futures and options. He worked hard, suffered stress, and
failed to meet his performance goals.

Then, in 2000, he studied and applied the lessons of Taoism, Zen, and Hinduism:

    The market is reality. Traders must accept and adapt to whatever it does.
    Focus on the present moment. It is the only thing you have control over.
    Concentrate on your duty (trade your system), not on the fruits of your labor (short term results).

Puri developed a minimalist, Zen-like
investment system that uses no news reports, fancy technical indicators
or charts to distract from the present moment. He relies on a single
formula to calculate when to buy low and sell high. He obeys
his formula, and does not let minor fluctuations trigger fear and
greed.

He now "surfs" in flow with the market,
trades longer term, and is no longer glued to the screen. He only
trades common stocks, mutual funds, and ETFs. He is no longer
stressed, and his performance exceeds his expectations.

Puri feels that any investor or trader can benefit from an Eastern KISS (Keep It Short and Simple) approach:

    Accept the fact that no investment system is perfect.
    The market goes where it wants to, not where investors would like it to.
    Less is more. Adding complex rules,
indicators, and exotic products tends to raise trading costs, and makes
your portfolio less flexible and robust.
    Focus on executing your plan, and not dwelling on short-term performance.

"A Zen Trading System" is a re-issue of "Stock Trading Riches", and includes the latter title's 2009 updates, which include:

   More information on portfolio design
   Advice about stock picking
   A link to a downloadable spreadsheet
   A bonus system for investing in IPOs

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