The Tao of Trading: How to Build Abundant Wealth in Any Market Condition by Simon Ree

The Tao of Trading: How to Build Abundant Wealth in Any Market Condition by Simon Ree

"The Tao of Trading: How to Build Abundant Wealth in Any Market Condition"—published in 2020—is a bestselling guide written by Simon Ree.

Ree is a high-profile financial mentor and veteran market specialist who spent over 25 years heading institutional market desks for heavyweights like Goldman Sachs and Citibank. Written with a clean, sharp, and engaging tone, the book acts as a conceptual sledgehammer to traditional retail investing advice. Ree claims that conventional Wall Street wisdom—such as passive "buy-and-hold" indexing or rigid asset diversification—fails retail investors precisely when they need protection most. Instead, The Tao of Trading presents a systematic philosophy ("Tao" meaning the way) centered on active momentum tracking, rigorous risk containment, and using stock options as capital-efficient cash-flow generators.

To build sustainable wealth without relying on market luck, Ree outlines a trinity of strict structural habits:

1. Trend Tracking via Technical Analysis

Ree uses a brilliant nautical analogy: a trader's only job is to locate the strongest prevailing current and "sail with the wind at their back." To strip out human bias, he relies heavily on Exponential Moving Averages (EMAs) to isolate trends, specifically watching how prices interact with the 8, 21, and 34-period EMAs.

• He compares price action to a capricious dog and moving averages to the dog's steady owner walking down a path.

• He charts precise support and resistance zones anchored by historical pivots, Fibonacci retracements, and psychologically significant round numbers ($50, $100) to find low-risk trade entries.

Language: English.

Genre: Trading.

Binding: সেলাই করা বাইন্ডিং

Quality: Premium Quality Books.

Printing: High Quality Printing.

Paper: Eye Friendly paper (Cream White)

Cover: Matt cover (Paperback).