Bill Williams New dimensions of stock trading.
The author, unlike many others, is a true professional trader
who has been trading for decades. The book is written in a standard American style, constantly comparing life situations to stock trading.
So, what will you learn from "New Dimensions of Stock Trading?"
1. Start – an analysis of the psychology of trading, a breakdown of the mistakes and misconceptions most traders make that prevent them from making money. A description of the correct approaches to trading and dispelling stereotypes. An interesting section reveals the practical secrets of trading .
2. From Chaos to Cosmos and Further to Cash – the author of this publication is a strong proponent of the application of Chaos Theory to stock trading, so this topic is covered in depth. More than a dozen pages are devoted to chaos and its integration into everyday life. Moreover, you will hear about most of the events described for the first time; the amount of information presented is simply astounding.
3. Our assistant , is the Alligator indicator, as one of the most effective tools for determining dynamic trend movement. It is used to find market entry points.
4. Fractal – Breakout Trading – trading using fractals, creating technical models based on them, and combinations that indicate trend continuation or reversal. In addition to this article, you can download the fractals indicator .
5. Amazing Oscillator – a description of one of the most famous AO oscillators and examples of its use for profit. Deciphering the buy and sell signals it provides.
6. Market Acceleration – a story about how to outperform other traders and emerge victorious using the above-mentioned tools.
7. Trading in Zones – creating your own trading zones and assessing profit prospects.
8. Trading with Balance Lines – constructing this graphical tool, receiving signals to open new positions depending on the price location.
9. Profit-Making Techniques – the final chapter of Bill Williams' book "New Dimensions of Stock Trading." It combines all the trading examples presented into a single trading system.
10. How to Master Stock Trading – general issues and approaches to working on the financial exchange.
This book is more suitable for traders trading in the stock or commodity markets, but anyone else will find much of interest in it.
