Mastering the Trade discusses a unique approach to the markets that focuses on the underlying reasons that cause market prices to really move, and is applicable to trading stocks, options, futures, and forex.
Introduction:
In reality, markets don’t move because they want to, they move because the have to. Margin calls, stop runs, and psychological capitulation all force a series of rapid fire market orders in a very short period of time. These generate sharp intraday moves lasting a few minutes to a few hours, and, on a bigger scale, swing moves chat last a few days to a few weeks. These moves inflict pain on a lot of traders who do not understand how this process works. Yet, there is always a group of traders who profit from these moves.
Mastering the Tradediscusses specific ways to get positioned “on the other side of the trade” in order to take advantage of these moves, relying on a unique interpretation of many classical technical analysis and chart patterns. More specifically, the book discusses strategies with exact entry, exit, and stop loss levels for the intraday trading of stocks, options, ETFs, e-mini futures, 30-year bonds, and the forex currency markets. There are also swing trade setups discussed on stocks, options, single stock futures, and e-mini stock index futures.
Contents:
– PART 1: Trader’s Boot Camp
- Markets Don’t Move Because They Want To, They Move Because They Have To
- Psychology 101: What They Didn’t Teach About Trading in School
- Hardware and Software-Top Tools for Traders
- Markets 101-Understanding the Basic Mechanics of the Markets Discussed in This Book
- The Stock Market Is Now Open-Seven Key Internals to Gauge Intraday Market Direction
– PART 2: Specific Intraday and Swing Trading Setups for Futures, Stocks, and Options, and Forex
- The Opening Gap: The First and Highest Probability Play of the Day
- Pivot Points-Great for Trending Days and Even Better for Choppy Days
- Scalper Buys and Scalper Sells-When Only a Quick Confirmation Will Do
- Tick Fades: Taking the Opposite Side of the Newbies
- The Squeeze: Getting Positioned for the Big Market Moves
- Brick Plays-Letting the Markets Stack Up
- The Ping Pong Play-Batting the Markets Back and Forth … All Day Long
- The 3:52 Play: Capping off the Day with a Fine Cigar
- Box Plays-On Days When the Stock Market Is Dead in the Water, Look to Currencies
- HOLP & LOUP-Catching Trend Reversals without Getting Smashed
- Propulsion Plays-Swing Plays Using Stocks, Single Stock Futures, and Stock Options
- Market Profile-Removing the Mystery
– PART 3: Heading Back Into the Real World of Trading
- The Premarket Checklist-Creating a Game Plan for the Next Trading Day
- The Trader’s Business Plan
- When It’s Not Working for You, No Matter What You Do
- Mastering the Trade
Mastering the Trade: Proven Techniques for Profiting from Intraday and Swing Trading Setups By John F. Carter PDF
Brayan Chen (verified owner) –
Great chapters about trading psychology. The technical setups were also very useful.
Mavis Lloyd (verified owner) –
I learned quite a bit about the way Mr Carter trades and evaluates stock price movement.
Odin McCann (verified owner) –
Excellent read, brought a lot of inspiration and insights
I will also be looking for more books by Mr Carter.
Hanna Roy (verified owner) –
Must read, if you’re thinking of day trading.
Journee Craig (verified owner) –
This book covers it. Very well written and the subject matter is expertly discussed. Actionable detailed information on setting up various trades makes this a very valuable trader’s resource.
Jimmy Greer (verified owner) –
John Carter is a great trader with many insightful comments.
Devon Bauer (verified owner) –
This book stands above the rest. There are certainly a plethora of trading books available. But if you’re an aspiring trader or established veteran and want solid content delivered in a readable fashion with a touch of humor at just the right time, then this is your book. You’ll receive more proven strategies than you can reasonably use. By the end of the book, you’ll feel equipped to pick the ones that best suit you.
Reina Sampson (verified owner) –
love john
Marcelo Schaefer (verified owner) –
Awesome trader psychology. Very informative.
Valeria Allen (verified owner) –
One of the best books on trading there is. An actual trader giving real ideas and sharing volumes of experience. Turned my trading around with just the tip of trading the YM instead of the ES in conjunction with indicators to track the market.. Thanks John..
Catherine Ingram (verified owner) –
One of the best written on the subject
Joyce Donovan (verified owner) –
The book was probably excellent when it was first published, but all these years later it is of little or no use to anyone who has had even six months of experience in trading. Not only are many of the setups and indicators no longer useful (in particular, the Squeeze is virtually worthless on anything shorter-term than a daily chart), but also John Carter himself no longer actively trades futures. The great majority of his trades are in options, and options are not an important element in this book. Furthermore, Carter’s current approach to trading options is based on indicators and methods that are not even contemplated in this book. I understand that he is coming out with a new edition this winter, but in the meantime I would suggest ignoring this one.
Tripp Garner (verified owner) –
Nothing new here.
It’s all in other books without the high price tag.
Follow Warren Buffets technique instead and save your money.
Options are only ok if you can pay close attention and don’t have a regular job.
Zaire Williamson (verified owner) –
Excellent
Carter Nunez (verified owner) –
This book is ok, but author needs to cut off unneeded stuff. 500 page book on trading can become more readable 300 page book!
Cain Vazquez (verified owner) –
John gives very specific details on technical analysis which has helped me in my trading. He writes well and is not redundant. I’m SO glad I managed to get a copy of this before these outrageous prices came into effect. No wonder his new book isn’t selling.
Vicente Mathews (verified owner) –
good job
Mya Shields (verified owner) –
Awesome
Haley Cordova (verified owner) –
FANTASTIC BOOK! … THANKS