Intraday trading, secrets of mastery. Van K. Tharp, Brian June.
A book dedicated to short-term trading in financial markets will allow a novice trader to study
this topic from A to Z. The authors of the publication are quite well-known traders in the financial world, Van K. Tharp, Brian June.
Intraday trading, secrets of mastery - this title best characterizes the content of the book; according to its authors, it is intraday trading that allows you to earn more and faster.
More attention is paid to trading on the stock exchange, but the principles and strategies presented are perfectly applicable to the Forex market.
1. How to get accurate guidance on trading success - a description of all the organizational issues that you have to deal with when starting to work on the stock exchange. Psychology of Trading, as the main aspect of a trader’s preparation, making plans and ways to implement them.
2. Technique “Precision guidance technique” - technical aspects of organizing the trading process on the stock exchange, choosing a computer and organizing communications with dealing centers.
Gold forex rules planning risks and organizing a trading system.
Correct calculation of the size of a trading position, as the basis for safe trading, common mistakes that you can do without.
Preparing to start trading, planning your working day and other additional points that you cannot do without.
3. Start of trading – the beginning of the working day, the correct selection of the most attractive instruments for trading. Setting stops and planning possible profits. Analysis of the work done.
Trading Strategies - their types and varieties, recommendations for choosing the most profitable option for making transactions.
Trading at the peak of performance – managing emotions, setting goals in relation to existing capabilities. Correcting mistakes as a stimulus to move forward.
We can say that “Intraday trading, secrets of mastery” is a rather interesting and informative textbook, written according to a not entirely standard scheme.
You can download the book in one of the online stores