Heitkoetter M. - The Complete Guide to Day Trading,BookSurge, LLC
-.
2008 -295p.
Preface ix.
Introduction: why day trading? Xiii.
How to get the most out of this book xix.
Part : day trading basics – what you should know.
What is day trading?
Who should be day trading?
Is it really possible to make a living as a day trader?
How to get started - define your goals and make a plan.
) define your smart goal.
) make a plan.
) execute the plan.
How much money do you need to get started?
Determining your risk tolerance.
What you need to begin trading.
A computer.
An inteet connection.
A charting software.
A broker.
A properly funded trading account.
A trading strategy.
Part : your trading strategy –.
The coerstone to your trading success.
How to develop your own profitable day trading strategy.
Step : selecting a market.
Trading stocks.
Trading forex.
Trading futures.
Trading stock options.
Step : selecting a timeframe.
Step : selecting a trading approach.
Fundamental analysis.
Technical analysis.
Day trading charts.
Technical indicators.
Popular trading approaches.
Step : defining entry points.
Step : defining exit points.
Stop losses.
Profit-taking exits.
Trailing stops.
Taking partial profits.
Time-stops.
Step : evaluating your strategy.
How to read and understand a performance report.
Step : improving your strategy.
The power principles –.
Making sure that your trading plan works.
Principle : use few rules – make it easy to understand.
Principle : trade electronic and liquid markets.
Principle : have realistic expectations.
Principle : maintain a healthy balance between risk and reward.
Principle : find a system that produces.
At least five trades per week.
Principle : start small - grow big.
Principle : automate your exits.
Principle : have a high percentage of winning trades.
Principle : test your strategy on at least trades.
Principle : choose a valid back-testing period.
Part : the secrets to day trading success.
There’s more to trading than just having a strategy.
The seven mistakes of traders and how to avoid them.
Mistake : struggling to identify the direction of the market.
Mistake : not taking profits.
Mistake : not limiting your losses.
Mistake : trading the wrong market.
Mistake : lack of a trading strategy.
Mistake : not controlling your emotions.
Mistake : overtrading.
The trader’s psyche.
The three secrets to day trading success.
The tenets of day trading.
How to start trading without risking a single penny.
Bonus materials.
Appendices.
Appendix a – trading plan template.
Appendix b – broker checklist.
Appendix c – additional resources.
Appendix d – reading resources.
Appendix e – glossary.
Appendix f – about markus heitkoetter.
Appendix g – coaching programs.
2008 -295p.
Preface ix.
Introduction: why day trading? Xiii.
How to get the most out of this book xix.
Part : day trading basics – what you should know.
What is day trading?
Who should be day trading?
Is it really possible to make a living as a day trader?
How to get started - define your goals and make a plan.
) define your smart goal.
) make a plan.
) execute the plan.
How much money do you need to get started?
Determining your risk tolerance.
What you need to begin trading.
A computer.
An inteet connection.
A charting software.
A broker.
A properly funded trading account.
A trading strategy.
Part : your trading strategy –.
The coerstone to your trading success.
How to develop your own profitable day trading strategy.
Step : selecting a market.
Trading stocks.
Trading forex.
Trading futures.
Trading stock options.
Step : selecting a timeframe.
Step : selecting a trading approach.
Fundamental analysis.
Technical analysis.
Day trading charts.
Technical indicators.
Popular trading approaches.
Step : defining entry points.
Step : defining exit points.
Stop losses.
Profit-taking exits.
Trailing stops.
Taking partial profits.
Time-stops.
Step : evaluating your strategy.
How to read and understand a performance report.
Step : improving your strategy.
The power principles –.
Making sure that your trading plan works.
Principle : use few rules – make it easy to understand.
Principle : trade electronic and liquid markets.
Principle : have realistic expectations.
Principle : maintain a healthy balance between risk and reward.
Principle : find a system that produces.
At least five trades per week.
Principle : start small - grow big.
Principle : automate your exits.
Principle : have a high percentage of winning trades.
Principle : test your strategy on at least trades.
Principle : choose a valid back-testing period.
Part : the secrets to day trading success.
There’s more to trading than just having a strategy.
The seven mistakes of traders and how to avoid them.
Mistake : struggling to identify the direction of the market.
Mistake : not taking profits.
Mistake : not limiting your losses.
Mistake : trading the wrong market.
Mistake : lack of a trading strategy.
Mistake : not controlling your emotions.
Mistake : overtrading.
The trader’s psyche.
The three secrets to day trading success.
The tenets of day trading.
How to start trading without risking a single penny.
Bonus materials.
Appendices.
Appendix a – trading plan template.
Appendix b – broker checklist.
Appendix c – additional resources.
Appendix d – reading resources.
Appendix e – glossary.
Appendix f – about markus heitkoetter.
Appendix g – coaching programs.