Trading Academy

Trading in a Nutshell, 4th Edition

Trading in a Nutshell, 4th Edition by Stuart McPhee provides the reader even more trading tips. The original edition of Trading in a Nutshell was published in 2001. This new edition has again been revised and updated and includes more information about preparing your mind for the mental rigours of trading as well as more guidance on how to develop your own trading plan that you will implement with confidence. An added feature of this edition is a collection of interviews with well known market experts from around the world.

The methods outlined in Stuart’s new trading manual are written for all countries and all markets around the world. So Click Here to order your signed copy now.

You can read more details and purchase the book at www.tradinginanutshell.com

Contents

Chapter 1 – An Introduction to Trading

  • Trading
  • Develop a Trading Plan
  • Commit to It
  • My Story
  • Put in the Required Effort

Chapter 2 – Financial Markets

  • What are stock exchanges?
  • Stock Exchanges around the world
  • Companies
  • Other Markets and Products
  • Stockbrokers

Chapter 3 – Technical Analysis and Charts

  • Fundamental Analysis
  • Technical Analysis
  • Open, High, Low, Close and Volume
  • Charting
  • Volume
  • Trends
  • Peaks and Troughs
  • Moving Averages
  • Always Consider the Trend

Chapter 4 – Chart Patterns and Indicators

  • Support and Resistance
  • Triangles
  • Double Tops and Bottoms
  • Indicators

Chapter 5 – Developing a Trading Strategy

  • The Importance of Entry
  • Aim for consistency
  • Trading Style and Time Frame
  • Trade with the Trent
  • Using moving averages
  • Trend alignment
  • Trading strategy structure
  • Using Indicators
  • Confirmation
  • Confidence
  • Liquidity
  • Weight of Evidence
  • Sector Analysis
  • Diversity
  • Keep it Simple
  • Checklist

Chapter 6 – The Exit Decision

  • Stop Losses
  • Inactivity Stop
  • Trailing exits
  • Stop Losses and Trailing Exits Together
  • Profit Targets

Chapter 7 – Trade Execution

  • At Market / At Limit Orders
  • Which One Should I Choose?
  • Keep your Orders

Chapter 8 – Money Management and Risk

  • Importance of Money Management
  • Your Primary Aim
  • Risk
  • Capital Preservation
  • Risk Amount
  • Position Sizing
  • Probability
  • Half the risk
  • Volatility
  • Averaging Down
  • Averaging Up
  • Adopt a Defensive Posture
  • A Final Thought

Chapter 9 – Developing your Trading Plan

  • Buy and Hold Approach
  • Aim for Something
  • Discover Yourself
  • Give Yourself an Edge
  • Monitoring your trades and performance
  • Paper Trading/Testing

Chapter 10 – Developing Your Mindset

  • Attitude
  • Confidence
  • Patience
  • Control
  • Emotions
  • Perspective
  • Decisiveness
  • Humility
  • Discipline
  • Get Healthy
  • Trading as a Game
  • Give Yourself a Break
  • Ultra-comfort
  • Focus

Chapter 11 – Rules of Trading

  • Cut Your Losses
  • Let Your Profits Run
  • Follow the Trend
  • Don’t Overtrade
  • Never Blindly React to a Tip
  • Always Trade Liquid Stocks
  • Keep Positions Small
  • Don’t Buy Something Because it Looks Cheap
  • Keep it Simple

Chapter 12 – The Experts

  • Julie Melillo
  • Ray Barros
  • Mark Cook
  • Alan Hull
  • Rahul Mohindar
  • Greg Morris
  • Brent Penfold
  • Dr Van Tharp

Chapter 13 – Getting Started

  • Guidance for New Traders
  • Discover Yourself
  • Money Management
  • Entry and Exit
  • Your Routine
  • Taxation Structure
  • Information
  • Computers and Software
  • The Internet
  • Recordkeeping
  • Conclusion

You can read more details and purchase the book at www.tradinginanutshell.com