5.2 When to open a Position5.3 When to close a Position; 5.4 Position Sizing and Balancing Risk; 5.5 Common Mistakes; 5.6 Summary Insight; Chapter Six; 6.0 Introduction; 6.1 Mechanical Trading Systems; 6.2 The Average Trading Day for the Informed Stock Trader; 6.3 A Practical Mechanical Trading System for Trading Currencies; 6.4 Trading Plan; 6.5 Conclusion; References.
Intro; Table of Contents; Preface; Chapter One; 1.0 Trading; 1.1 Trading Styles; 1.2 Portfolio Allocation; 1.3 Profit Loss Ratios; 1.4 Book Objectives; 1.5 Outline of Book; 1.6 Summary Insight; Chapter Two; 2.0 Introduction; 2.1 Where Assets are Traded; 2.1.1 The Forex Market; 2.2 Day Trading; 2.3 Opening an Account; 2.4 Important Questions to Consider Before Trading; 2.4.1 Types of Orders; 2.4.2 Level 1 and Level 2 data; 2.5 How to Find Stocks to Trade; 2.5.1 Stock Scanners; 2.6 Creating a Watch-List; 2.6.1 Top-Down Analysis; 2.6.2 Fundamental Analysis; 2.6.3 Technical Analysis.
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Many individuals enter financial markets with the objective of earning a profit from capitalizing on price fluctuations. However, many of these new traders lose their money in attempting to do so. The reason for this is often because these new traders lack any fundamental understanding of financial markets, they cannot interpret any data, and they have no strategy for trading. Trading in markets is really about deploying strategies and managing risks. Indeed, successful traders are those who have strategies which they have proved to be consistent in granting them more financial gains than finan.