CLCF83
                                    LanguageENG
                                    PublishYear2016
                                
                                    publishCompany
                                    Wiley
                                
                                
                                    EISBN
                                    9781118320433
                                
                                
                                    PISBN
                                    9780731406838
                                
                                
                                    
                                        edition
                                        1
                                    
                                
                            - Product Details
- Contents
                                Most traders do not profit. The conventional wisdom is that about  70% of entrants end up in this category. A further 20% have  advanced to the extent that they are in the breakeven rut: their  results are variable, neither consistently winning nor losing. The  remaining 10% are the consistent winners. These market players have  an edge that enables them to operate a highly profitable risk  management business in financial markets.   Learning to drive a car is a much more complex and dangerous  activity than learning to trade. Yet almost all who want to learn  to drive succeed. So if 99% learn to drive a car well then why is  it that only 10% succeed at trading? The answer lies in the fact  that most who attempt to trade never actually learn the skills of  trading under instruction; most never secure their licence to trade  profitably. This book is about preparing you to obtain your licence  to trade. This is a vital step in your transformation to becoming  profitable. It is meant to fill the large gap that your software  and trading platform cant provide. Its purpose is to enable  you to take advantage of analytical techniques that present high  probability set-ups. It is about giving you the trading  road rules, their basis for safety and why it  essential to stick to them. Its about the full repertoire of  skills needed to drive your trading car to get the  most out of it. It presents the skills that afford those in the  breakeven rut to breakout of it. Its about practicing these  skills so you can become a competent, profitable trader.  The book also deals with some potential hurdles, especially with  respect to your own mindset and ideas, which need to be overcome to  allow efficient practice. The book sets out the standard set of  criteria that you must achieve so that you can be awarded your  trading licence. Once you have your trading licence you will have  confirmed that you are at the threshold of the top 10%.
                        
                    
                    
                         
                 
            
 
         
             
                         
                     
                                 
                                 
                                 
                                 
					 
					