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260 THE DAILY TRADING COACHtopic of coaching processes at the home page on the blog for Chapter8: http://becomeyourowntradingcoach.blogspot.com/2008/08/daily-tradingcoach-chapter-eight-links.htmlJim Dalton’s books are excellent resources when it comes to developinga conceptual framework for trading. I recommend Mind Over Marketsas a first read, then Markets in Profile. Both books are available on the sitewhere Jim and Terry Liberman offer training for developing traders:www.marketsinprofile.comAn excellent book on risk and risk management is Kenneth L. Grant’stext Trading Risk (Wiley, 2004).Exchange Traded Funds (ETFs) are an excellent tool for achieving diversification.Two good introductions to ETFs are David H. Fry’s book CreateYour Own ETF Hedge Fund (Wiley, 2008) and Richard A. Ferri’s textThe ETF Book (Wiley, 2008).I receive a number of questions regarding seminars, courses, and otherresources that are offered for sale under the general rubric of trading education.My impression, and the feedback I get from blog readers, is thatthese offerings are often expensive and of limited relevance to the particularstrengths and interests of individual traders. Similarly, I receive manyinquiries into proprietary trading firms, which allow traders to trade thefirm’s capital in exchange for a share of profits. Some of these firms arequite professional and ethical; others are not. I strongly encourage due diligence:talk to a number of people who have taken these courses or who aretrading at these firms. If you cannot get direct feedback from actual users(not just one or two stooges), move on. Don’t pay thousands of dollars forsomething unless you know exactly what you’re getting.