The purpose of this book is to teach aspiring traders the mental discipline and practical skills used by experienced and professional traders.It explains how to master the three essential skills of trading: money management, technical analysis, and risk control. The goal is to supplant thegambler's mentality of just 'picking' the right trade to a set of systems that will guide the trader through both winning and losing trades.Once the average investor is equipped with this new skill set,he or sheis able to take control of futures and forex investing the same way the professionals have always done.Readers will learn: What type of trading is best suited for them - day trading, swing trading, and/or position trading How to use technical analysis to identify profitable trades and exit losing trades. How to maximize the leverage available in futures and forex, without endangering their capital base. How to control risk by utilizing appropriate strategies for each type of opportunity and time frame. The book is structured in a way that facilitates learning and includes questionnaires, checklists and quizzes.Readers will learn and integrate the skills that are the foundation of trading success.
Detalhes do Produto
Subtítulo: WHY 95% OF TRADERS LOSE AND WHAT YOU MUST DO TO WI