Short-Term Trading: A Beginner's Guide by Tony Turner
Most beginners associate stock trading with long-term trades, where positions are held for a considerable period of time.
Therefore, many believe that stock trading requires large sums of money and that trading on the stock market requires no leverage.
In fact, day trading also exists, and it often yields substantial profits for those who choose this strategy.
You'll find confirmation of this in the book "Short-Term Trading: A Beginner's Guide" by Tony Turner.
The author explains why, unlike forex, long-term stock market strategies are no longer relevant and provides examples of how to profit from short-term trades.
1. Wall Street: The Greatest Game on the Planet – a history of the founding and development of current trading rules.
2. A promising start: business organization – this is about organizing the process, from planning the workday to choosing the necessary equipment.
3. The Mindset of a Successful Businessman – as the title suggests, this chapter focuses on the psychology and emotions that hinder your ability to make money.
4. Chapters 4, 5, 6 and 7 combine the story of what constitutes a fundamental and technical analysis, as well as where to get the necessary information to carry them out.
5. Putting the pieces of the puzzle together – how to use the acquired theoretical knowledge in practice and a short text to check the accuracy of what was learned.
6. Technical analysis tools – we use indicators and oscillators to study the market.
7. The Moment of Truth, Money Management – Trading Planning, Calculating the Risk-Profit Ratio of Trades, Setting Stop Orders, and Much More.
8. Winning short selling strategies – how shorting trades differ from buying trades. Specifics of trading using such strategies.
9. Exchange Traded Funds: Tools to Improve Trading Quality and hedging Income - why stock baskets are needed and how to make money from them.
10. Anatomy of trading - a practical example of how trades are carried out, as everything actually happens.
What I liked most about the book was the presentation of the material—it's truly simple and accessible. It also contains a lot of interesting information on stock trading. To be fair, it should be noted that you won't find classic trading strategies here scalping.
You can download the book from one of the online stores
The book in the archive is available in two formats: FB and PDF. To read FB, you need to download and install a special program - http://time-forex.com/knigi/otkryt-fb

