How to Use Strategies in Day Stock Trading: Decide on three things at the start: the rules of the game, the stakes, and the quitting time.Successful money managers have brains nerve and luck
How to Use Strategies in Day Stock Trading: Decide on three things at the start: the rules of the game, the stakes, and the quitting time.Successful money managers have brains nerve and luck
Preface
If you really want to be good day trader then you should not just rush in to buy and sell any stock without any analysis. This will lead to losing your money today or tomorrow. You should use research and follow strategies to help determining where and when to buy and sell your stock positions. I have included few strategies here for your help but would request you to learn these first and do paper trade before starting real trading. Make sure to paper trade at least 21 days to enable you to understand the positive and negative of your selected strategy. This book will enable you have better portfolio decisions, even if you decide not to become a day trader. I want to let you know in advance that ultimately, market is the best teacher. The more you understand the information that traders want to see, the better you’ll understand what the markets are telling you.
Learn the concepts first then test them in dummy market conditions before starting real trading.
Stephen Collins
Content:
Part 1 - Using Fundamental and Technical Analysis
Chapter-1-Research techniques used in day trading
Chapter-2-Using technical analysis to forecast prices
Chapter-3-Gleaning information from the charts
Chapter-4-Different approaches to technical analysis
Chapter-5-Pitfalls of technical analysis - Avoiding the traps that technical analysts can fall into
Part 2- Market Indicators and Day Trading Strategies
Chapter-6-Studying the psychology and moods of the market
Chapter-7-Measuring the flow of Money
Chapter-8-knowing what all information to look for during the trading day
Chapter-9–How to avoid dangerous traps and anomalies
Part 3- Short Selling and Leverage
Chapter-10–How to make money
Chapter-11-Short selling
Chapter-12-How to use leverage
Chapter-13-Borrowing in your trading business
Chapter-14-Assessing risk and returns from short selling and leverage
Part 4- The World of Arbitrage
Chapter-15-Know the law one price
Chapter-16–Making money from Scalping
Chapter-17-Transactions Costs
Chapter-18–Risk Arbitrage and its tools
Chapter-19-Types of arbitrage
Part 5- Day Trading for Investors
Chapter-21-Developing the trader’s discipline
Chapter-22- Marking market momentum
Chapter-23–News
Chapter-24-Setting targets and limits for your trading and investing
Chapter-25–Should we trade for short term or for long term
Chapter-26-Judging Execution Quality
Pages
86
Format
Kindle Edition
How to Use Strategies in Day Stock Trading: Decide on three things at the start: the rules of the game, the stakes, and the quitting time.Successful money managers have brains nerve and luck
Preface
If you really want to be good day trader then you should not just rush in to buy and sell any stock without any analysis. This will lead to losing your money today or tomorrow. You should use research and follow strategies to help determining where and when to buy and sell your stock positions. I have included few strategies here for your help but would request you to learn these first and do paper trade before starting real trading. Make sure to paper trade at least 21 days to enable you to understand the positive and negative of your selected strategy. This book will enable you have better portfolio decisions, even if you decide not to become a day trader. I want to let you know in advance that ultimately, market is the best teacher. The more you understand the information that traders want to see, the better you’ll understand what the markets are telling you.
Learn the concepts first then test them in dummy market conditions before starting real trading.
Stephen Collins
Content:
Part 1 - Using Fundamental and Technical Analysis
Chapter-1-Research techniques used in day trading
Chapter-2-Using technical analysis to forecast prices
Chapter-3-Gleaning information from the charts
Chapter-4-Different approaches to technical analysis
Chapter-5-Pitfalls of technical analysis - Avoiding the traps that technical analysts can fall into
Part 2- Market Indicators and Day Trading Strategies
Chapter-6-Studying the psychology and moods of the market
Chapter-7-Measuring the flow of Money
Chapter-8-knowing what all information to look for during the trading day
Chapter-9–How to avoid dangerous traps and anomalies
Part 3- Short Selling and Leverage
Chapter-10–How to make money
Chapter-11-Short selling
Chapter-12-How to use leverage
Chapter-13-Borrowing in your trading business
Chapter-14-Assessing risk and returns from short selling and leverage
Part 4- The World of Arbitrage
Chapter-15-Know the law one price
Chapter-16–Making money from Scalping
Chapter-17-Transactions Costs
Chapter-18–Risk Arbitrage and its tools
Chapter-19-Types of arbitrage
Part 5- Day Trading for Investors
Chapter-21-Developing the trader’s discipline
Chapter-22- Marking market momentum
Chapter-23–News
Chapter-24-Setting targets and limits for your trading and investing
Chapter-25–Should we trade for short term or for long term
Chapter-26-Judging Execution Quality