Day Trading: Secrets of Mastery by Van K. Tharp and Brian Jun.
This book, dedicated to short-term trading in financial markets, will allow the beginning trader to study
this topic from A to Z. The authors of this publication are well-known traders in the financial world, Van K. Tharp and Brian Jun.
"Day Trading: Secrets of Mastery"—the title best describes the book's content. According to its authors, day trading is the key to earning more and faster.
While the book focuses on stock trading, the principles and strategies presented are equally applicable to the forex market.
1. How to get precise guidance for trading success – a description of all the organizational aspects you'll encounter when starting to trade on the exchange. Trading Psychology, as the main aspect of preparing a trader, building plans and ways to implement them.
2. Technique "Precision Guidance Technique" - technical aspects of organizing the trading process on the exchange, choosing a computer and organizing communication with dealing centers.
Golden Forex rules risk planning and organization of the trading system.
Correct calculation of trading position size as a basis for safe trading, common mistakes that can be avoided.
Preparing to start trading, planning your working day, and other essential aspects.
3. Launching trading – the start of the working day, choosing the most attractive trading instruments. Setting stops and planning potential profits. Analyzing the work done.
Trading strategies - their types and varieties, recommendations for choosing the most profitable option for making transactions.
Trading at peak performance means managing emotions, setting goals commensurate with existing capabilities, and correcting mistakes as a catalyst for forward movement.
It can be said that "Intraday Trading: Secrets of Mastery" is a rather interesting and informative textbook, written according to a rather non-standard scheme.
You can download the book from one of the online stores
