Trading in a Nutshell, 2nd Edition
Trading in a Nutshell, 2nd Edition provides the reader even more trading tips than the original of this book published in 2001. The new chapter 'Developing your Mindset' is worth the price of the book many times over, and it has helped many people understand the finer points of buying and selling shares more profitably. Your Trading Edge Magazine reviewed Trading in a Nutshell, 2nd Edition in their May - June 2005 Magazine. Here is a snippet from that review: |  | "I liked Trading in a Nutshell. Stuarts cuts to the chase. The book is like a good set of university notes – concise and informative. If you ever feel overloaded with too much information, a reading of Stuart’s book will put everything back into perspective and encourage you to keep things simple." Testimonials "I have just finished reading your book, Trading in a Nutshell, and wish to congratulate you on a great read. Your book has opened up the world of trading to those, like me, who have found the whole thing rather too daunting in the past. Trading in a Nutshell is very well written, with easy to understand concepts and guidelines." Kerrie Benham,
Singapore
"I have just read your excellent book and wish to congratulate you on a well composed, straightforward reference work." Peter Kakalis,
Brunswick, VIC Contents Chapter 1 - You and Your Trading Plan - Develop a Plan
- Commit to It
- Put in the Required Effort
Chapter 2 - The Australian Stock Exchange - What is the ASX?
- Products Traded
- ASX Codes
- Companies
- Dividends
- Stockbrokers
- Indices
- Global Industry Classification Standard (GICS)
Chapter 3 - Technical Analysis and Charts - Fundamental Analysis
- Technical Analysis
- Open, High, Low, Close and Volume
- Charting
- Volume
- Trends
- Peaks and Troughs
- Moving Averages
- Always Consider the Trend
Chapter 4 - Chart Patterns and Indicators - Support and Resistance
- Symmetrical Triangles
- Ascending Triangles
- Descending Triangles
- Double Tops and Bottoms
- Pattern Detection
- Indicators
- Divergence
- Relative Strength Index
- Moving Average Convergence Divergence
- On Balance Volume
- Directional Movement
- Stochastic Oscillator
- Need More Indicators?
Chapter 5 - The Entry Decision - The Importance of Entry
- Sector Analysis
- Using Indicators
- Confirmation
- Trade Initiation
- Confidence
- Liquidity
- Weight of Evidence
- Diversify
- Keep it Simple!
- Checklist
Chapter 6 - The Exit Decision - Stop Losses
- How to Set a Stop Loss
- Inactivity Stop
- Trailing Exits
- Stop Losses and Trailing Exits Together
Chapter 7 - Trade Execution - SEATS
- The Trading Screen
- At Market / At Limit Orders
- Which One Should I Choose?
Chapter 8 - Money Management and Risk - Importance of Money Management
- Your Primary Aim
- Risk
- Capital Preservation
- Risk Amount
- Position Sizing
- Averaging Down
- Averaging Up
- A Final Thought
Chapter 9 - Developing your Trading Plan - Buy and Hold Approach
- Black Boxes
- Aim for Something
- Discover Yourself
- How Much Time do you Have?
- How Confident are You?
- Give Yourself an Edge
- Trading Diary
- Paper Trading/Testing
Chapter 10 - Developing Your Mindset - Attitude
- Confidence
- Patience
- Control
- Emotions
- Decisiveness and Discipline
- Focus
Chapter 11 - Rules of Trading - Cut Your Losses
- Let Your Profits Run
- Follow the Trend
- Don't Overtrade
- Never React to a Tip
- Always Trade Liquid Stocks
- Keep Positions Small
- Don't Buy Something Because it Looks Cheap
Chapter 12 - Monitoring your Performance Chapter 13 - Getting Started - Discover Yourself
- Money Management
- Entry and Exit
- Your Routine
- Information
- Computer and Software
- The Internet
- Record Keeping
- Conclusion
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