The New Trading for a Living (Full Multi-Color Printing)
The path to becoming a successful trader is not easy and it requires dedication. It takes practice, patience, determination but most importantly one must have the right attitude about trading: being confident in your skills while never giving up on what you’re doing because if anything can be learned from this life lesson that could possibly make all other lessons worthwhile!
The three M’s Author referring to when discussing Trading For Living include Mindset– which includes skill development such as learning how to read chart patterns or Technical Analysis; Methodology – using indicators like moving averages (or Bollinger bands), support/resistance levels, etc… And finally Money Management or risk management techniques like stop losses.
Trading for a Living helps you discipline your mind, shows the methods of trading markets and how to manage money in trading accounts so that no string of losses can kick us out. To help even more from ideas found within Trading For A living look forward to the companion volume study guide!
It asks over 200 multiple-choice questions, with answers and 11 rating scales for sharpening your trading skills. For example, Question Markets rise when there are more buyers than sellers buyers are more aggressive than sellers are afraid and demand a premium more shares or contracts are bought than sold.
Every change in price reflects what happens when bulls and bears compete. Markets go up because buyers are confident while sellers demand more for their participation during Market trends which is going against them; however, there can only ever be two sides of a trade at any given moment – either participating or withdrawing from trading activity completely! Buy this book.