Electronic Trading TNT II How – To Win Trading Stuff By Joe Ross & Mark Cherlin – Overview
Electronic Trading TNT II How – To Win Trading Stuff By Joe Ross & Mark Cherlin
Electronic Trading “TNT” II – How-To-Win Trading Stuff is an advanced trading manual by Joe Ross and Mark Cherlin, dedicated to helping traders overcome the psychological and practical barriers that keep them from consistent profitability. Spanning 284 pages and filled with illustrations, it goes beyond technical setups, diving deep into trader psychology, self-management, and business planning.
Mastering the Mental Game of Trading
The authors tackle the emotional pitfalls—fear, greed, hesitation, and overtrading—that sabotage even the most skilled market participants. Through relatable stories and sharp insights, traders learn to recognize their own behavioral patterns and replace destructive habits with disciplined routines.
Trading Only When Conditions Are Right
A standout lesson is knowing when not to trade. Ross and Cherlin reveal a simple yet powerful decision-making process for identifying low-probability conditions and staying on the sidelines. By avoiding poor setups, traders drastically reduce drawdowns and improve their overall win rate.
Planning for Success
The manual emphasizes treating trading as a business. Readers learn how to:
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Set achievable goals
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Create structured trading plans
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Define objectives for every trade
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Manage both winning and losing positions with discipline
This approach ensures consistency and helps traders think like professionals rather than gamblers.
High-Probability Entry and Exit Strategies
While psychology is central, the book also teaches market analysis for spotting prime opportunities. Ross and Cherlin share how to:
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Identify setups with the best odds of success
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Place entry, target, and stop-loss orders strategically
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Time exits to lock in profits before the market turns
From Struggling to Skilled
The tone is practical and supportive, aimed at transforming frustrated traders into confident, consistently profitable operators. Many real-world examples illustrate both successes and mistakes, offering a realistic view of what it takes to win.
Why Traders Praise This Book
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Real-world focus: No hype, no “holy grail” systems—just proven principles.
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Comprehensive: Covers mindset, strategy, and execution.
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Actionable: Concepts are immediately applicable to live trading.
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Versatile: Useful for both day traders and position traders.
