The Trading Method That Can Make You Rich book covers the application of trading any and all markets. In order to implement this mechanical strategy successfully, a considerable foundation and structured trading plan must first be put into place.
There are two main keys needed for a trader, or investor, to unlock the door to success in the markets. First in order of importance is to acquire a good understanding of how the market works.
The second key would be to understand the degree of importance that personality plays in regards to trading. To succeed you must be able to recognize your type of personality, and be able to overcome any particular personality weakness that could cause you to lose money in the market.
There are basically two things that will hinder your success as a trader, and in return cause you to lose money-Fear and Greed; both of which are born out of the Lack of a Business Plan (trading plan). By understanding your personality, and working on any weaknesses you may have, you can overcome the fear and greed factor that can cause you, the trader, to lose money.
Contents:
- The Beginning
- The Evolution of Theories
- Trading Indicators
- Trading Methods
- Cycles
- The Waves of the Market
- Filtering Waves
- The Long Entry Setup
- The Short Entry Setup
- Trading Patterns
- Identifying Trend
- Time Tested Methods
- Viewing Trading Patterns
- The Real World
- Commencement Day