The New Trading for a Living · Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management by Elder, Alexander -- Read -- Imperial Library of Trantor

Index

PREFACE Introduction

1. Trading—The Last Frontier 2. Psychology Is the Key 3. The Odds against You

PART 1: Individual Psychology

4. Why Trade? 5. Reality versus Fantasy 6. Self-Destructiveness 7. Trading Psychology 8. Trading Lessons from AA 9. Losers Anonymous 10. Winners and Losers Notes

PART 2: Mass Psychology

11. What Is Price? 12. What Is the Market? 13. The Trading Scene 14. The Market Crowd and You 15. Psychology of Trends 16. Managing versus Forecasting Notes

PART 3: Classical Chart Analysis

17. Charting 18. Support and Resistance 19. Trends and Trading Ranges 20. Kangaroo Tails Notes

PART 4: Computerized Technical Analysis

21. Computers in Trading 22. Moving Averages 23. Moving Average Convergence-Divergence: MACD Lines and MACD-Histogram 24. The Directional System 25. Oscillators 26. Stochastic 27. Relative Strength Index

PART 5: Volume and Time

28. Volume 29. Volume-Based Indicators 30. Force Index 31. Open Interest 32. Time 33. Trading Timeframes Notes

PART 6: General Market Indicators

34. The New High–New Low Index 35. Stocks above 50-Day MA 36. Other Stock Market Indicators 37. Consensus and Commitment Indicators Notes

PART 7: Trading Systems

38. System Testing, Paper Trading, and the Three Key Demands for Every Trade 39. Triple Screen Trading System 40. The Impulse System 41. Channel Trading Systems Note

PART 8: Trading Vehicles

42. Stocks 43. ETFs 44. Options 45. CFDs 46. Futures 47. Forex

PART 9: Risk Management

48. Emotions and Probabilities 49. The Two Main Rules of Risk Control 50. The Two Percent Rule 51. The Six Percent Rule 52. A Comeback from a Drawdown

PART 10: Practical Details

53. How to Set Profit Targets: “Enough” Is the Power Word 54. How to Set Stops: Say No to Wishful Thinking 55. Is This an A-Trade? 56. Scanning for Possible Trades Note

PART 11: Good Record-Keeping

57. Your Daily Homework 58. Creating and Scoring Trade Plans 59. Trade Journal Note

CONCLUSION: A Journey without an End: How to Continue Learning Sources Acknowledgments About the Author INDEX End User License Agreement