The beginning or a trading career is filled with excitement — independence, freedom, and the potential to make money. After building up a starting stake and reading as many books about the market as possible, the new trader is ready to wade into an ocean of stocks with a raft ofideas. As the trader soon discovers, however, a good idea does not always translate into a good trade. A long string of losing trades will have the trader jumping from one idea to another without realizing that having a "system" is just a single cornerstone of trading success.
The most popular trading books focus on technical analysis and pattern identification, suggesting an underlying order to the stock market. Unless the trader has a framework for trading these patterns, the process of trading can be both subjective and overwhelming. When certain patterns stop working, the trader will abandon them just before they resume working again, resulting in a never-ending quest for profits.
This is the first book to give a trader a complete, automated framework for trading stocks: a model that encompasses money management, position sizing, order entry, and a set of trading systems. Nothing is left to chance during the execution process, while the trader is freed to create. The model imposes discipline on the mechanics of trading, not on the creative aspects of system design.
Price: 5 USD
All books are in English, presented in format of doc or pdf, printable.
|
