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Be a winner - 7 Rules to Help You Win the Trading Game

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Be a winner - 7 Rules to Help You Win the Trading Game

1 rating

This eBook provides a comprehensive guide on how to become a successful trader. The author, Louis Nguyen, draws upon his decade of experience trading stocks, options, futures, forex and crypto to share valuable insights and strategies.

  1. The book covers key areas including:
    • The basics of trading - analyzing markets, choosing assets, executing trades, managing positions
    • The differences between investing and trading
    • Essential skills needed to succeed as a trader including discipline, risk management, technical analysis, research, decisiveness, adaptability, and mental toughness
    • Technical analysis concepts like understanding price charts, common indicators, chart patterns, support/resistance levels, candlestick patterns, volume
    • Fundamental analysis topics such as economic factors, earnings reports, industry analysis, news events, financial statements
    • Trading psychology tips for developing a winning mindset, managing fear and emotions, cultivating discipline and patience, avoiding biases
    • Popular trading strategies including momentum, swing trading, scalping, algorithmic, high-frequency, options, pairs, news-based, futures trading
    • Risk management techniques like setting stop losses, position sizing, diversification, managing leverage, hedging
    • Resources and next steps covering paper trading, choosing a broker, building a trading setup, joining communities and continuing education
    Throughout the book, the author emphasizes the importance of having a well-defined trading plan, robust risk management, continuous learning, and emotional control. Real examples illustrate how to apply the concepts.In summary, this eBook serves as an all-in-one guide for both beginner and intermediate traders looking to navigate the financial markets profitably. It provides a solid foundation across the key pillars of trading - psychology, risk control, analysis and strategy.
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Pages
Size
1.62 MB
Length
100 pages
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