Trade Like a Pro: 15 High-Profit Trading Strategies has 15 risk management strategies in two parts. There are nine basic strategies, originally discussed in Winning the Trading Game, and now, in Trade like a Pro, analyzed more in depth. In addition, there are six advanced risk management strategies, that build on that knowledge.
Introduction:
Things have changed so much in the industry in the last decade, with new exchanges, the weakening dollar, the growth of China and India, and the creation of new tradable instruments like contracts for difference (CFD). All of this change means more opportunities to profit. The old way of looking at futures as too risky or of trading stocks with 100 percent cash has become more fluid. This book is designed to help you make that adjustment.
Trade Like a Pro shows you how to put the two sets of strategies to use to improve your odds of success. While book can teach you techniques on how to manage risk, it really cannot make you money, nor can it Jose you money. Only your intelligent reaction to the markets can do that and these tools are designed to help you make those intelligent decisions. You still need to have a trading plan, trading goals, a well-kept trading journal, and a sound money management plan, win or lose.
Contents:
- From Retail Trader to Professional Trader
- Markets and Margin
- Some Essentials of Trading
- Holding the Bull and the Bear by the Tails
- Precision Trading at Its Finest
- Trading with Hard Stops
- The Markets on a Leash
- Replacing Traditional Options with Synthetic Options
- Everything in Its Season
- Gunning for Premiums with Covered Options
- Outnanking the Market
- Exposing Yourself to Loss
- Advanced Option Selling Strategies
- Retreat, Recovery, Opportunity
- Analyzing Charts and Strategies
- Applying These Strategieswith Stocks
