How I play and win on the stock exchange. Gary Smith.
Most books about stock trading are written by traders who have worked on real stock exchanges. This is, so to speak, work in an office, which is radically different from independent trading on a home computer.
How I play and win on the stock exchange - a work written by Gary Smith, is radically different from other similar publications, because Gary was a home trader, not an office worker.
Therefore, this material will be much clearer to a newcomer to the stock exchange than other similar publications; there are no complex mathematical calculations and formulas, only practical tips and recommendations.
In order to understand whether such a textbook is right for you, read its summary:
1. The first few chapters will tell you what a typical trader's day is like and dispel hopes of easy money from stock trading.
2. The next section is devoted to working with futures, this is a rather interesting trader’s tool, which we, undeservedly, pay little attention to.
4. My favorite indicators are recommendations for using technical indicators when searching for entry points into the market and signals for closing transactions.
5. Seasonality in stock trading - how the time of year affects the price of shares and futures, tips for making money on seasonal fluctuations.
6. Capital management - over the last ten years of work, the author of the book has not allowed drawdowns of more than 1-2%. Read in this chapter how to achieve this result using competent risk management.
7. Trading mutual funds - these investments have recently become the main source of Gary Smith. The entire strategy for trading such securities is described in detail; the author’s average annual profit is 56% per annum.
Download the book How I play and win on the stock exchange.