Mastering the Trade by Carter, John F. -- Read -- Imperial Library of Trantor

Index

Cover Title Page Copyright Page Dedication Contents Acknowledgments Foreword Introduction Part 1 Trader’s Boot Camp: How Do the Markets Work and What Are the Best Ways to Get Mentally Prepared for Successful Trading and Investing?

1 What Really Causes the Markets to Move?

Did You Know That Most People Who Lose Money in the Markets Do So Because of These Four Things? How Do Our Odds for Success Increase Once We Understand the Pain and Suffering of Individual Market Participants? The Case Study You’ll Never Read About at Harvard Business School, or, Has This Ever Happened to You or Your Spouse? A Note from My Wife: How Have I Dealt with Being Married to John Carter the Trader? How Do I Top That? What Is the Only Economic Principle That Matters in the Markets?

2 Psychology 101: What Didn’t They Teach About Trading and Investing in School?

Emotions Are Fine at Weddings and Funerals; Why Aren’t They Fine When It Comes to Trading and Investing? Why Is a Guy with a System Always Welcome in a Casino? What Is the Right Mental Outlook for the Markets, and Why Shouldn’t I Turn On My Computer Without It? Minnesota Stupid Why Do Most Traders Have to Blow Out an Account Before It All Sinks In? The Trader Mind-Set: What Is the Best Way for Getting, and Keeping, Your Head in the Game? What Is the Easiest Way to Establish a Consistently Winning Outlook? What Does Personal Integrity Have to Do with Successful Trading? Where Are You Now in Your Trading Journey? Phase I Trading: Destined to Lose—What Are the Traits That Make People a Success in Life but Routinely Get Them Killed in the Markets? Phase II Trading: Fear-Based Trading or “Why Does Everything I Touch Turn to Crap?” Phase III Trading: Why Is the Search for the Holy Grail Guaranteed to Limit Your Success as a Trader and an Investor? What Are the Signs That a Trader Is Stuck in Phase I, II, or III? Paper Trading—Why Is It More Worthless Than an Iraqi Dinar? But What About Phase IV—How Does a Person Learn How Not to Lose Money? Why Does the Plateau Money Management Method Work? When Trading and Investing, What Are the Best Ideas to Keep in Mind? Other Books I’ve Found Useful for Getting My Trading Mind-Set Right

3 Is There Rhyme or Reason to How the Markets Move?

The Markets Are Moving—Are You Fighting the Tide or Flowing with It? How Do the Markets Naturally Move? Thrusts and Reactions Morph Into Patterns How to Establish Priorities: If You Are Getting Interrupted During the First Two Hours of Trading, Why Is It Your Fault? Why Is Watching Harry Potter on DVD After 12:00 EST Better Than Watching CNBC?

4 Now That I Understand the Markets—What Do I Trade?

Tell Me Straight—What Markets Will Give Me the Best Chance of Success? What Would You Pay for a First-Class Plane Ticket to Singapore? Why Wouldn’t I Buy These Particular Options with My Mother-in-Law’s Trading Account? Directional Plays: Why Is Delta 0.70 or Better Superior? The Importance of Implied Volatility Crush, or “Look, Ma, They’re Panicking!” How Do You Know When to Hold ’Em and When to Spread ’Em?

5 The Stock Market Is Now Open—What Tools Best Predict the Market’s Next Move?

Musicians Know How to Read Music; Can Traders Learn How to Read the Markets? Great, Now How Do I Learn to Read the Internals? What Is the Fastest Heads-Up That Stocks Are About to Make a Move? What Is the Best Tool for Reading Buying Versus Selling Pressure? Is There a Similar Tool Just for Nasdaq Stocks? Put/Call Ratio—Is This the Key to the Kingdom? What Is the Most Effective Way to See What’s Really Going on in the Stock Market During the Day? How Do You Know When It’s Going to Be a Choppy Day? Putting It All Together—How Can You Size Up the Trading Day from the Opening Bell? What Are the Other Main Things to Keep Track Of? And, Oh Yes, Did You Know That If You Ignore This One Thing, You Don’t Stand a Chance? Summing Up

6 A Beginner’s Journey by Danielle Shay Gum

And So, It Began A New Idea Fast-Forward Five Years My Trading Persona The Beginning of a New Life What Goes Up, Must Come Down—or Must It? If Only It Was Sunshine and Roses from There Big Changes Lessons from the Masters Key Advice on the Path to Consistency In Conclusion

Part 2 What Are The Best Intraday And Swing-Trading Setups For Futures, Stocks, Options, Forex, And Cryptocurrencies?

7 The Opening Gap: Why Is This the First and Highest-Probability Play of the Day?

A Note on The 3rd Edition How Is Trading Without a Specific Setup in Mind Like Hiking in the Amazon Without a Compass? Why Aren’t All Gaps Created Equal? What Are the Trading Rules for Gaps? Who Is Getting Hurt on This Trade? What Are Some Specific Examples of Trading the Gap? What’s the Secret to Unfilled Gaps? What Are the Best Strategies for People Who Can’t Trade Full Time? How Does a Trader Position Size for This Setup? Summing Up the Gaps

8 Pivot Points: Why Are These Good Pausing Points for Trending Days and Great Fading Points for Choppy Days?

What Is the Best Way to Beat Indicator-Based Traders? Why Aren’t All Pivots Created Equal? How Exactly Should I Set Up the Pivots on My Charts? The Psychology Behind the Pivots—Who Is Getting Burned? What Are the Trading Rules for Pivot Buys on Trending Days? What Are the Trading Rules for Pivot Buys on Choppy Days? What Are Some Specific Examples of Trading the Pivots? Trailing Stops in This Fashion Is the Key Tips and Tricks for Using the Pivots What About Fibonacci Numbers? What’s the Best Way to Trade Commodity Markets with Pivots? Summing Up the Pivots

9 Tick Fades: Are They Really the Best Way to Take Money Away from Newbies?

What Is the Number One Action Alert Available to Traders Today? What Are the Trading Rules for Sell Fades (Buys Are Reversed)? What Are Specific Examples of Tick Fade Setups? Summing Up the Tick Fades How Do You Know When Fading Ticks Won’t Work? How Do We Trade “Going with” the Ticks Instead of Fading Them?

10 Reverting Back to the Mean or “When Is the Best Time to Take a Profit?”

Where Do Markets Stop Their Current Trend and Run Out of Gas? This Sounds Awesome—Why Isn’t Everybody Doing This?

11 The Squeeze: What Is the Best Way to Get Positioned for the Big Market Moves?

Is It Better to Trade for Cash Flow or to Create Wealth? How Does a Trader Redefine Volatility and Use It to His Advantage? What Is the Best Way to Get in Right Before a Big Move? What Are the Trading Rules for Buys (Sells Are Reversed)? What Is the Biggest Mistake New Traders Make? Is It Possible to Get Positioned Before a Market Crash? What Is the Best Trading Strategy for Those of Us Who Have a Job and Can’t Trade Full Time? Updated Examples for the 2008 Financial Crisis and Beyond What Is the Best Way to Filter Out Squeezes That Might Not Work Out?

12 Catching the Wave: What Is the Easiest Way to Stay on the Right Side of the Trend on Any Market, on Any Time Frame?

Why Is It Critical to Understand the Concept of Anchor Charts? What Exactly Are the Waves, and How do They Work? How Can I Use the Waves to Sneak into a Squeeze Before It Fires Off?

13 What Is the Best Tool for Staying in a Trade and Not Jumping Out Too Early?

Entries Are a Dime a Dozen; It’s the Exits That Make You Money How Do I Protect Myself When They Are Trying to Shake Me Out of My Position?

14 Scalper Alerts: Is This the Best Tool for Quick Price Trend Change Confirmation?

How Do You Identify and Profit from Changes in Trend Without Catching a Falling Knife or Stepping in Front of a Freight Train? Why Are Tick Charts Best for Scalping? What Are the Trading Rules for Buys (Sells Are Reversed)? Specific Examples of Scalper Alert Buy and Sell Setups Summing Up the Scalper Alerts Increase the Probabilities of Success Through Multisetup Combinations

15 Brick Plays: How Can I Tell When a Market Is Going to Reverse Its Trend in the Middle of the Day?

Using Bricks to Capture Intraday Reversals in the Mini-Sized Dow Trading Rules for Buys (Sells Are Reversed) Summing Up the Bricks

16 The 3:52 Play: Capping Off the Day with a Fine Cigar

This Is Where the Other People Start to Panic Trading Rules for Buys (Sells Are Reversed) Summing Up the 3:52 Play

17 HOLP and LOHP—Catching Trend Reversals Without Getting Smashed

Buying a Market Just Because It’s Cheap or Shorting a Market Just Because It’s Expensive Is Dangerous—Unless It’s Done Like This Trading Rules for Sells (Buys Are Reversed) Summing Up the HOLP and LOHP Plays

18 Propulsion Plays—Swing Plays Using Stocks, Single-Stock Futures, and Stock Options

Setting Up for the Bigger Moves in Individual Stocks The Trader’s Guide to Single-Stock Futures The Only Way to Play Individual Stock Options Trading Rules for Buy Fades (Sells Are Reversed) Updates to the Propulsion Plays Summing Up the Propulsion Plays

Part 3 Heading Back Into The Real World Of Trading

19 My Trading Journey and Strategy by Henry Gambell

So You Want to Be a Trader? No Stops Seeking Success Mindfulness and Flexibility Trading as Gambling Technical Analysis Time Frames Weekly Charts Daily Charts Why Use Simple Moving Averages? Chart Coloring The 8 EMA and 21 EMA More Swing Setups Symmetry Closing Thoughts

20 What Setups Work Best For Me? by Danielle Shay Gum

The Five-Star Setup Rating Your Setups Where Does the Criteria Come From? My Favorite Setups My Favorite Squeezes The Research Formula: How I Find Them Filtering My Selections Summary In Conclusion

21 How I Look at the Markets, Think About Them, and How I Handled My Emotions While in an Options Position Where I Made $1.4 Million on a Single Trade

In the Beginning How Much Risk Is Needed to Become a Successful Trader? What Did Your Learning Curve Look Like? How Do You Trade Today? What’s Your Thought Process for Deciding When to Get Out of a Trade? What Advice Do You Have for Novice Option Traders? What Is Your Favorite Setup? Can You Please Share the Story of the $1.4 Million TSLA Options Trade? What Changes Did You Make as a Result of This Trade?

22 How Important Is the Right Technology When It Comes to Trading? by Darrell Gum

Introduction Desktop versus Mobile versus Laptop Computer Security Trading Platforms

23 Tips and Tricks for When It’s Not Working for You, No Matter What You Do

Will Cry for Food—Using Your Emotions to Make Money The Four Seasons Hotel Trade Thank You, Sir, May I Have Another? When I Tick, You Tick, We Tick Dive, Captain, Dive High Five, Baby Discover Your Personality Type and Find Out If It’s Holding You Back Personality Types and Trading—What You Don’t Know About Yourself Can Hurt Your Trading Trading Really Isn’t That Easy—Alternatives to Consider for Jump-Starting Progress

24 Mastering the Trade

Amateurs Hope; Professionals Steal 40 Trading Tips for Maintaining a Professional State of Mind Surviving the Trader’s Journey Before the Trade Conclusion and Final Thoughts

Index About the Author

← Prev
Back
Next →

← Prev
Back
Next →