An End to the Bull : Cut Through the Noise to Develop a Sustainable Trading Career.

Intro -- An End to the Bull -- CONTENTS -- ABOUT THE AUTHOR -- ACKNOWLEDGEMENTS -- INTRODUCTION -- Part I The need for change -- Chapter 1 The financial junk-food industry -- Traders play a different role from brokers and analysts -- Sell side -- Buy side -- The 'other' junk-food industry -- Accepted wisdom - trying to separate fact from fiction -- Myth one: Longer term trading is easier than short-term trading -- Myth two: Closing prices hold the key -- Myth three: Technical analysis is reliable and successful -- Myth four: Scan through as many contracts as possible to increase your chances to find a trade -- Myth five: Fundamentals, company and economic data are not important -- Myth six: Traders need to buy on the offer side and sell to the bid side of the bid/ask spread -- Chapter 2 Real trader psychology: our desire for short cuts -- Representativeness -- Availability bias -- Anchoring -- Conservativeness -- Overconfidence and overoptimism -- Hindsight bias -- Confirmation bias -- Cognitive dissonance -- A broker demonstrates biases in action -- More on System 1 and System 2 -- Chapter 3 Time to break free -- Why do you want to trade? -- Lifestyle implications -- You need to be an independent thinker -- Ditch technical analysis -- Trade to win -- Random rewards - a dangerous business -- Part II Building the foundations -- Chapter 4 Knowledge -- Markets -- Shares -- Foreign exchange (FX) -- Bonds -- Commodities -- Derivatives -- Short-selling shares -- Data -- Macro-economic -- Stock specific -- Market specific -- Specialisation -- Chapter 5 Watchlists -- Information and noise -- The role of watchlists -- The importance of following different markets -- Using watchlists to help overcome biases -- Trade the markets -- Include positively and inversely correlated markets -- Watchlists help us to build context and better understand markets.

Beware stock closing prices -- Constructing watchlists -- Macro watchlists -- Micro watchlists -- Other information to be gathered -- Using the watchlists to trade -- Think laterally -- Watchlists and our core principles -- Chapter 6 It's a business -- treat it that way -- Which broker? -- Liquidity -- Commissions -- Safety -- What to pay for -- Computers -- Trading platforms -- Internet -- News feeds -- Charting packages -- What capital is required? -- Time required -- Practise properly -- Plan B -- Tax advice -- Re-evaluate -- Chapter 7 Position sizing and management -- Position sizing -- Why don't I just use historical data to position size? -- Entering a trade -- Setting targets and stop loss levels -- Pros and cons of small stop loss orders -- Activating a stop loss -- Managing trades -- Trailing stops -- Relating these techniques to our core principles -- Part III The next level: incorporating more advanced concepts -- Chapter 8 Pricing in -- What is good (bad) news? -- Examples -- QBE Insurance -- Iluka -- Probability and magnitude -- Pricing in and position sizing -- Reflexivity in markets -- Conclusion -- Chapter 9 Volatility -- What is volatility? -- Using historical and implied volatility in our trading -- Trading in times of high volatility -- What does high volatility look like? -- Chapter 10 Become the bookmaker: how the pros trade -- Be the bookmaker -- Flow trading -- Elements for flow-trading success -- Flow trading's benefits -- CONCLUSION -- APPENDIX -- INDEX -- Advert -- EULA.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.