How I Play and Win on the Stock Exchange. Gary Smith.
Most books on stock trading are written by traders who have worked on real exchanges. This is, so to speak, office work, which is fundamentally 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 more understandable to a newbie on the exchange than other similar publications; there are no complex mathematical calculations and formulas, only practical advice and recommendations.
To understand whether this textbook is right for you, read its summary:
1. The first few chapters will describe what a typical day for a trader is like and dispel any 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 – recommendations on using technical indicators when searching for market entry points and signals to close trades.
5. Seasonality in stock trading – how the time of year affects stock and futures prices, tips for profiting from seasonal fluctuations.
6. Capital Management – Over the past decade, the author has never allowed drawdowns of more than 1-2%. Learn how to achieve this using sound risk management in this chapter.
7. Mutual fund trading – these investments have recently become Gary Smith's main source of expertise. The author describes his entire strategy for trading such securities in detail, with an average annual return of 56%.
Download the book How I Play and Win on the Stock Exchange.
