What Effective Traders Act And Think: Underlying Principles And Winning Strategies For Trading

What Effective Traders Act And Think: Underlying Principles And Winning Strategies For Trading

by John Miller
Publication Date: 27/05/2024

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If you want to learn how to trade professionally on the stock exchange, you have to be aware that there is no one way and there is no holy grail of trading either. Becoming a professional trader is sometimes a hard and rocky road. But those who have walked it know that investing the time, effort, and dedication into trading is worth it.


This book explains the most important basics that are required for professional stock exchange trading. The logic of trend trading is the most important technical basis that a newcomer to the stock market must internalize. Above all, it is necessary to constantly put oneself in the position of the other market participants. Because we traders have no chance to move liquid markets. All we can do is swim with the big capital and never trade against it.


It was very important to the authors of this book to provide the reader with specific setups. But these setups won't help the reader much if they don't understand the logic behind them.


The chapters on risk management and psychology are just as important here, because there are many mistakes lurking here that are easy to make, especially for a novice trader. If the reader is to really derive any benefit from this book, then it is necessary to read it more than once. Because if you really toy with the idea of learning professional stock exchange trading, you not only need time, but also a lot of energy.


The road to becoming a professional trader is anything but easy. One of the most famous speculators in the world, André Kostolany, once said: "if stock market trading were easy, then there would be no other professions."

ISBN:
9798224796274
9798224796274
Category:
Personal finance
Publication Date:
27-05-2024
Language:
English
Publisher:
MILLER
John Miller

John Miller holds multiple and single subject credentials in history and science. He has been a middle school teacher for over 20 years and has taught every subject in grades 6-8.

He also holds a Masters degree from San Diego State University in Educational Technology and Instructional Design and is a Google Certified Teacher, San Luis Obispo County CUE (Computer Using Educators) Board President, and a CUE Lead Learner.

John is a featured presenter at conferences and workshops around the country. He loves teaching 21st-century skills to his students, and his passions include student blogging, e-learning, Minecraft in the classroom, photography, Apple, and Google. John is a contributor to Minecraft in the Classroom (Peachpit Press, 10/14). He lives in Paso Robles, California.

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