Trading is a business and, and as with any business, those businesses who survive and thrive have a business plan in place. Smart Trading Plans guides readers through defining and documenting a trading plan which applies to their individual trading business. Smart Action Steps and example plan elements are included to guide readers through and illustrate the process of developing a plan.
Smart Trading Plans guides readers through the following:
Creating a trading system Developing a trading routine Selecting the right trading tools Entries, exits and trade management Understanding risk and money management Developing a profitable mindset Strategies for trading
Complete with useful trading tips and bonus planning templates (available at www.smarttrading.com.au), Smart Trading Plans is essential reading for all savvy traders.
By:
Justine Pollard Foreword by:
Eva Diaz Imprint: Wright Books Country of Publication: Australia Dimensions:
Height: 231mm,
Width: 183mm,
Spine: 16mm
Weight: 490g ISBN:9780731407866 ISBN 10: 0731407865 Pages: 264 Publication Date:08 January 2010 Audience:
General/trade
,
ELT Advanced
Format:Paperback Publisher's Status: Active
Acknowledgements vii Foreword ix Introduction xiii Part I: Your business of trading Chapter 1: Trading is a business 3 Chapter 2: Trading psychology 7 Chapter 3: Technical analysis overview 13 Part II: Trading plan: the foundations Chapter 4: Goals and objectives 31 Chapter 5: Trading structure 41 Chapter 6: Trading tools 55 Part III: Trading plan: methodology Chapter 7: Trading style 67 Chapter 8: Trading instruments 75 Part IV: Trading plan: indicators Chapter 9: Indicators 85 Chapter 10: Moving averages 93 Chapter 11: MACD histogram 101 Chapter 12: Average true range 107 Chapter 13: Volume 111 Part V: Trading plan: risk management Chapter 14: Risk and money management 117 Chapter 15: Stop losses 127 Chapter 16: Market exposure guidelines 135 Part VI: Trading plan: system development Chapter 17: The trading system 143 Chapter 18: The entry 147 Chapter 19: Trade management and the exit 155 Chapter 20: Trading routine 163 Part VII: Trading plan: analysis and backup Chapter 21: Trading performance and analysis 177 Chapter 22: Contingency plans 189 Chapter 23: Personal rules 193 Part VIII: Review Chapter 24: Real trading 199 Chapter 25: Conclusion 217 Appendix A: the trading plan 219 Appendix B: resources 227 Glossary 229 Index 241