Dewey Decimal332.64
Table Of ContentAcknowledgments. Introduction. PART I Getting in the Game. RULE #1 Know Your Game. RULE #2 Have a Trading Plan. RULE #3 Think in Terms of Probabilities. RULE #4 Know Your Time Frame. PART II Cutting Losses. RULE #5 Define Your Risk. RULE #6 Always Place a Protective Stop. RULE #7 Your First Loss Is Your Best Loss. RULE #8 Never Add to a Loser. RULE #9 Don't Overtrade. PART III Letting Profits Run. RULE #10 Keep Good Records and Review Them. RULE #11 Add to Your Winners. RULE #12 Use Multiple Time Frames. RULE #13 Know Your Profit Objective. RULE #14 Don't Second-Guess Your Winners. Part IV Trader Maxims. RULE #15 Know the Limits of Your Analysis. RULE #16 Trade with the Trend. RULE #17 Use Effective Money Management. RULE #18 Know Your Ratios. RULE #19 Know When to Take a Break. RULE #20 Don't Trade the News. RULE #21 Don't Take Tips. RULE #22 Withdraw Equity Regularly. RULE #23 Be a Contrarian. RULE #24 All Markets Are Bearish. RULE #25 Buy/Sell 50% Retracements. RULE #26 The Only Indicator You Need. RULE #27 Study Winning Traders. RULE #28 Be a Student of Yourself. Conclusion. Recommended Reading. About the Author. Index.
SynopsisTrading Rules that Work As traders, virtually all of us develop a set of rules that govern our trading activities. Yet, all too often--for a variety of reasons--many of us selectively ignore or change those rules. Author Jason Alan Jankovsky has been a trader and market analyst for over twenty years. During this time the markets have taught him many things, but the most valuable lesson learned was the importance of following a set of trading rules that work for your style of trading, risk tolerance, and emotional make-up. Now, in Trading Rules that Work, Jankovsky wants to share his findings with you. This comprehensive guide provides a blueprint for trading success by introducing you to 28 essential rules that can be shaped to fit any trading approach--whether youre dealing in stocks, commodities, or currencies. Straightforward and accessible, Trading Rules that Work outlines the deeper psychology behind each of these accepted trading rules and provides you with a better understanding of how to make those rules work for you. The rules, which are more accurately defined as flexible guidelines, fall under four parts within the book: Part One: Getting in the Game outlines the psychology of market price action, what that can mean as far as your trade selection is concerned, and how to begin from the point of a strong market presence Part Two: Cutting Losses shows you how to protect yourself in todays markets--even when it is emotionally difficult to do so--by developing a set of personal trading rules uniquely designed to your trading style Part Three: Letting Profits Run covers the few simple rules you should follow in order to remain in a winning trade until market potential has run out Part Four: Trader Maxims examines the most common rules, and how they have both nega-tive and positive psychological implications Trading successfully takes discipline, desire, knowledge, and skill. By combining the various rules, insights, and guidelines found through-out this book, youll be in the best position possible to achieve consistent success--no matter what markets you choose to trade., Trading Rules that Work introduces you to twenty-eight essential rules that can be shaped to fit any trading approach--whether you're dealing in stocks, commodities, or currencies. Engaging and informative, Trading Rules that Work outlines the deeper psychology behind each of these accepted trading rules and provides you with a better understanding of how to make those rules work for you., Trading Rules that Work provides a blueprint for trading success by introducing readers to a set of rules that work for many styles of trading, risk tolerance, and emotional makeup. It details 28 positive rules for traders to follow and debunks numerous market aphorisms, such as buy low/sell high and dont follow the crowd.
LC Classification NumberHG6015.J36 2007