The road to trading. John Piper. A book about futures and options trading.
For those who are just starting to trade on the stock exchange, it seems that the main thing here is to find a suitable strategy and learn how to open trades.
In fact, being a trader is much more than a job; everyone here has their own path that can lead to success.
If you want to understand the very essence of stock trading, you will definitely need the book written by John Piper, “The Road to Trading.”
Its author, John Piper, at the time of writing the book, had more than twenty years of experience on the stock exchange, and gave his preference to trading futures and options.
The road to trading will help you understand the deeper meaning of this process and at the same time learn some of the techniques used in real trading.
Trading philosophy - the title of the first part best describes its content. It includes almost all the basic fundamentals such as trading psychology and money management, as well as parameters for developing trading systems.
Methods and techniques for working in the market - this section of the book can rightfully be called the main one. This is where you will learn what a market profile is and become familiar with assets such as stocks, futures and options. Get information about strategies applicable to futures and learn the rules by which the author trades.
Introduction to chart analysis - an example of low-risk strategies
An options company is an example of one of the successful operations, just useful information for thinking about how much professional traders actually earn.
Reading the book will help you dispel many popular myths about making money on the stock exchange; the book will be useful for both beginners and professionals.