elvee4eva
2008-Nov-01, 11:13 PM
Trading Master plan
Table of Contents
Section I: The Basics
How Do We Trade?
The Odds
Financial Industry
Buy-and-Hold Investing
Basic Trading Jargon
Technical vs. Fundamental Analysis
Trading Time Frames
Trading Styles
Capital Building
Income Producing
The Business Cycle
The Market Cycle
Chart Reading
Candlestick basics
Long vs. Short Bodies
Bar-chart Trader
Candlestick Trader
Spinning Tops
Doji
Dragonfly Doji
Gravestone Doji
Hammer and Hanging Man
Inverted Hammer and Shooting Star
Morning and Evening Star
Volume
Volume Principles
Mikron
Alloy Inc.
Imax
Transforce
UnumProvident 61
McAfee
Supply and Demand: The Only Factors in Price Movement
Mass Psychology
Crowd MentalitySection II: The Trader’sToolbox
Technical Analysis: The Basics
Trend Lines
Trend Line Breaks
Support and Resistance
Minor Support/Resistance
Major Support/Resistance
Moving Averages
Chart Patterns: Triangles
Symmetrical Triangle
Ascending Triangle
Descending Triangle
Flag/Pennant
Technical Indicators
Oscillators
Moving Average Convergence Divergence (MACD)
Average Directional Index (ADI)
On Balance Volume (OBV)
Commodity Channel Index (CCI)
Stochastic Oscillator
Relative Strength Index (RSI)
Buy and Sell Setups: Putting the Odds in Your Favor
Spring Buy Setup
Spring Sell Setup
The Sentiment Switch (SS)
The Narrow Range Bar (NRB)
The Hammer (HAM) or Shooting Star (SHS)
Above Average Volume
Minor Support and Resistance
The Moving Average
Price Retracements
Points for a Perfect Trade
Breakouts/Breakdowns
Breakout from a Base Setup
Breakdown from a Base Setup
Hit-and-Run Strategies
Climactic Buy Setup
Climactic Sell Setup
Bullish Hit and Run
Bearish Hit and Run
Range Trading: Phases 1 & 3
Money and Risk Management
What is Money Management?
Define Your Trading Float
Setting Your Maximum Loss
Initial Stop Loss
Position Sizing
Trailing Stop Loss: Stairway to Profits
Extreme Profit Moves: Getting the Most Out of a Trade
Averaging Down: The Worst Strategy
True Story Experience
Trading Rules
My Mighty Rules and Guidelines
Entry Rules
Management Rules
Gap Management: When Disaster Strikes
Developing Your Plan: Steps 1 to 8
Psychology and Discipline
Mastering Yourself: The Most Important Part
Becoming a Successful Trader
The Novice Saga
Sabotage
Psychological Key Points
Discipline
Is Your Discipline Lacking?
Master of Your Destiny
Recommended Readinghttp://i34.tinypic.com/2rna36h.jpg
About the Author
So who am I to be giving advice on trading, you might ask. Well, I have worked as an investment representative for TD Waterhouse, the largest discount brokerage firm in Canada, and have completed various industry-recognized courses, such as the Canadian Securities Course,The Conduct & Practices Handbook (ethics), Derivatives Fundamentals Course and the Options Licensing Course.
My experience and success in trading has come from endless hours of research and independent study, numerous cases of trial and error and the diligent application of the trading style used throughout this book. I learned the importance of focus and discipline while working to attain my black belt in Karate, skills that became critical when I made the foray into the world of trading. Being a Karate instructor for over a year reinforced my desire to teach others about topics for which I am truly passionate, such as trading. I have always loved numbers and statistics and have been fascinated with the financial markets for many years. Despite this long-standing interest, I didn’t have a clue as to how to trade or even how to start learning about the industry. In fact, I never truly knew what I wanted to do with my life until June of 2002 when I attended a two-day seminar on the basics of fundamental and technical analysis. I was given a formula to follow and software that would indicate when I should buy stocks with green arrows and when I should sell with red arrows.
As it turned out, that nugget of knowledge proved to be a dangerous thing for me. I thought that after this two-day seminar I knew all I needed to know and was on my way to riches, so I quickly went home, opened my first brokerage account, and moved in two years of hardearned savings. For the next twelve months, I went to the proverbial school of hard knocks and lost over 80 percent of my starting capital, over half of which was lost on one disastrous trade. What had gone wrong? It seemed that I had learned so much yet achieved so little. What was missing? Was there such a thing as the “holy grail” oftrading? No magic software or financial guru was needed; in order to be successful in the markets it was up to me to learn the skills to play the game.
In the end, I found what I believe are the keys to successful trading: money management, understanding supply and demand and mastering one’s own mind or psyche. That’s it. All the other stuff is good to know but without these three ingredients, a trader is doomed.
Now armed with these key tools, I have developed a trading style that has proven to be profitable by eliminating the emotion from trading. In testing and in real trading with a practice portfolio, this method has produced a 60 percent win percentage and an 85 percent return in 6 months. These statistics are from a small, controlled sample and may not reflect a continued long-term return; they are however, very powerful numbers and prove that returns like this can be made during both good and bad market conditions. Adapting to market conditions is critical for long-term success.
http://i35.tinypic.com/2uejhub.jpg
http://www.tradingmasterplan.com
No file, if any, is stored on our servers. Only external download links
are provided by third party file sharing/hosting services like badongo,
divshare, fileden, filefactory, filefront, mediafire, megaupload,
megashares, mihd.net, multiply.com, rapidshare, rapidsharing,
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not responsible for any content made by anyone else in the forum. The owner does not sell or own anything here. The contents are provided "as-is". Please support the developers if you like their products/services. They need your money to support their fine research and work.)</span><br />
[Hidden Content]
Table of Contents
Section I: The Basics
How Do We Trade?
The Odds
Financial Industry
Buy-and-Hold Investing
Basic Trading Jargon
Technical vs. Fundamental Analysis
Trading Time Frames
Trading Styles
Capital Building
Income Producing
The Business Cycle
The Market Cycle
Chart Reading
Candlestick basics
Long vs. Short Bodies
Bar-chart Trader
Candlestick Trader
Spinning Tops
Doji
Dragonfly Doji
Gravestone Doji
Hammer and Hanging Man
Inverted Hammer and Shooting Star
Morning and Evening Star
Volume
Volume Principles
Mikron
Alloy Inc.
Imax
Transforce
UnumProvident 61
McAfee
Supply and Demand: The Only Factors in Price Movement
Mass Psychology
Crowd MentalitySection II: The Trader’sToolbox
Technical Analysis: The Basics
Trend Lines
Trend Line Breaks
Support and Resistance
Minor Support/Resistance
Major Support/Resistance
Moving Averages
Chart Patterns: Triangles
Symmetrical Triangle
Ascending Triangle
Descending Triangle
Flag/Pennant
Technical Indicators
Oscillators
Moving Average Convergence Divergence (MACD)
Average Directional Index (ADI)
On Balance Volume (OBV)
Commodity Channel Index (CCI)
Stochastic Oscillator
Relative Strength Index (RSI)
Buy and Sell Setups: Putting the Odds in Your Favor
Spring Buy Setup
Spring Sell Setup
The Sentiment Switch (SS)
The Narrow Range Bar (NRB)
The Hammer (HAM) or Shooting Star (SHS)
Above Average Volume
Minor Support and Resistance
The Moving Average
Price Retracements
Points for a Perfect Trade
Breakouts/Breakdowns
Breakout from a Base Setup
Breakdown from a Base Setup
Hit-and-Run Strategies
Climactic Buy Setup
Climactic Sell Setup
Bullish Hit and Run
Bearish Hit and Run
Range Trading: Phases 1 & 3
Money and Risk Management
What is Money Management?
Define Your Trading Float
Setting Your Maximum Loss
Initial Stop Loss
Position Sizing
Trailing Stop Loss: Stairway to Profits
Extreme Profit Moves: Getting the Most Out of a Trade
Averaging Down: The Worst Strategy
True Story Experience
Trading Rules
My Mighty Rules and Guidelines
Entry Rules
Management Rules
Gap Management: When Disaster Strikes
Developing Your Plan: Steps 1 to 8
Psychology and Discipline
Mastering Yourself: The Most Important Part
Becoming a Successful Trader
The Novice Saga
Sabotage
Psychological Key Points
Discipline
Is Your Discipline Lacking?
Master of Your Destiny
Recommended Readinghttp://i34.tinypic.com/2rna36h.jpg
About the Author
So who am I to be giving advice on trading, you might ask. Well, I have worked as an investment representative for TD Waterhouse, the largest discount brokerage firm in Canada, and have completed various industry-recognized courses, such as the Canadian Securities Course,The Conduct & Practices Handbook (ethics), Derivatives Fundamentals Course and the Options Licensing Course.
My experience and success in trading has come from endless hours of research and independent study, numerous cases of trial and error and the diligent application of the trading style used throughout this book. I learned the importance of focus and discipline while working to attain my black belt in Karate, skills that became critical when I made the foray into the world of trading. Being a Karate instructor for over a year reinforced my desire to teach others about topics for which I am truly passionate, such as trading. I have always loved numbers and statistics and have been fascinated with the financial markets for many years. Despite this long-standing interest, I didn’t have a clue as to how to trade or even how to start learning about the industry. In fact, I never truly knew what I wanted to do with my life until June of 2002 when I attended a two-day seminar on the basics of fundamental and technical analysis. I was given a formula to follow and software that would indicate when I should buy stocks with green arrows and when I should sell with red arrows.
As it turned out, that nugget of knowledge proved to be a dangerous thing for me. I thought that after this two-day seminar I knew all I needed to know and was on my way to riches, so I quickly went home, opened my first brokerage account, and moved in two years of hardearned savings. For the next twelve months, I went to the proverbial school of hard knocks and lost over 80 percent of my starting capital, over half of which was lost on one disastrous trade. What had gone wrong? It seemed that I had learned so much yet achieved so little. What was missing? Was there such a thing as the “holy grail” oftrading? No magic software or financial guru was needed; in order to be successful in the markets it was up to me to learn the skills to play the game.
In the end, I found what I believe are the keys to successful trading: money management, understanding supply and demand and mastering one’s own mind or psyche. That’s it. All the other stuff is good to know but without these three ingredients, a trader is doomed.
Now armed with these key tools, I have developed a trading style that has proven to be profitable by eliminating the emotion from trading. In testing and in real trading with a practice portfolio, this method has produced a 60 percent win percentage and an 85 percent return in 6 months. These statistics are from a small, controlled sample and may not reflect a continued long-term return; they are however, very powerful numbers and prove that returns like this can be made during both good and bad market conditions. Adapting to market conditions is critical for long-term success.
http://i35.tinypic.com/2uejhub.jpg
http://www.tradingmasterplan.com
No file, if any, is stored on our servers. Only external download links
are provided by third party file sharing/hosting services like badongo,
divshare, fileden, filefactory, filefront, mediafire, megaupload,
megashares, mihd.net, multiply.com, rapidshare, rapidsharing,
rapidupload, turboupload, sendspace, sexuploader, uploading.com, zshare, zupload etc. <span style="font-size: 100%;">(Disclaimer: The owner of this site is
not responsible for any content made by anyone else in the forum. The owner does not sell or own anything here. The contents are provided "as-is". Please support the developers if you like their products/services. They need your money to support their fine research and work.)</span><br />
[Hidden Content]