Most trading book on the shelves of sg today are strategy, buy and sell calls. We have serious lack of psychology, sentiments, expectancy, money management. I always considered expectancy to be the most important in trading or investing.
Chapter 1
What is most important - expectancy
Trading plan - money management, expectancy, strategies
brief outline of above 3
Stages of a trader
- noob (lack of terminology)
- searching of holy grail (reading)
- transition state (give up or arrogant)
- finding your own style (zen like)
Chapter 2
Expectancy
2 ways to make money in mkt consistently
- either win more than lose
- every time u win is more than u lose
Chapter 3
Timeframe
- Intraday trader/swing trader/positions trader
- Mix up of timeframe vs personalities
Chapter 4
Find your personalities, then find your timeframe, now find your strategies fitting that timeframe
1. Shortterm stratgies - high probabilities trade
2. Swing strategies - half:half probabilities, win dollars must be more
3. Longterm - half:half probabilities, win dollars must be more
Chapter 5
Market first, sector 2nd, stocks 3rd for all 3 timeframe
Chapter 6 - Shortterm strategies
- lots size, limit order or market order
- trendday or consolidation
- extreme oversold/bought
Chapter 7 - Swing strategies
- lots size
- pullback/breakout
Chapter 8 - Positions trade
- money management
- Bull or bear market: economy swing
- sentiments swing
- Growth stock or Dividend yields
Chapter 9
Warning against mixing your timeframe with your strategies
Chapter 10
Beating the market, what should i name this book?
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