Traders at work how the world's most successful traders make their living in the markets
Shortly after most novice traders discover how trading works and begin to realize that they have the potential to make unlimited amounts of money in the financial markets, they start dreaming the near-impossible dream. They fantasize about buying that condo in Boca Raton for their parents or surpris...
| Main Author: | |
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| Format: | eBook |
| Language: | Inglés |
| Published: |
Berkeley, CA : Birmingham :
Apress ; Computer Bookshops [distributor]
2013.
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| Edition: | 1st ed. 2013. |
| Subjects: | |
| See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009466077306719 |
Table of Contents:
- Contents; Foreword; About the Authors; Acknowledgments; Chapter 1: Todd Gordon; Chapter 2: Linda Raschke; Chapter 3: Serge Berger; Chapter 4: Alex Foster; Chapter 5: Derek Schimming; Chapter 6: Peter Brandt; Chapter 7: Rob Wilson; Chapter 8: John Carter; Chapter 9: Anne-Marie Baiynd; Chapter 10: Jeff White; Chapter 11: Patrick Hemminger; Chapter 12: Don Miller; Chapter 13: Charles German; Chapter 14: Dr. Andrew Menaker; Chapter 15: Brian Lund; Chapter 16: Michael Toma; Chapter 17: Twenty Habits of Wealthy Traders
- 1. Wealthy traders are patient with winning trades and enormously impatient with losing trades2. Wealthy traders realize that making money is more important than being right; 3. Wealthy traders view technical analysis as a picture of where traders are lining up to buy and sell; 4. Before they enter every trade, wealthy traders know where they will exit for either a profit or loss; 5. Wealthy traders approach trade number five with the same conviction as the previous four losing trades; 6. Wealthy traders use "naked" charts
- 7. Wealthy traders are comfortable making decisions with incomplete information8. Wealthy traders stopped trying to pick tops and bottoms long ago; 9. Wealthy traders don't think of the market as "expensive" or "cheap"; 10. Wealthy traders are aggressive with size when they are doing well, and modest when they are not; 11. Wealthy traders realize the market will be open again tomorrow; 12. Wealthy traders never add to a losing position; 13. Wealthy traders judge their trading success on anything but money; 14. Wealthy traders read about mobs, riots, and human psychology
- 15. Wealthy traders see themselves as market makers16. Wealthy traders practice reading the right side of a chart, not the left; 17. Wealthy traders have an "edge" in the market; 18. Wealthy traders determine position size based on risk, not round numbers; 19. Wealthy traders buy strong markets and sell weak markets; 20. Wealthy traders play the reaction, not the news; Conclusion; Index
