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Økonomi & Business
Please note: This is a companion version & not the original book. Book Preview:
#1 The PlayBook will help you understand, archive, and implement what you trade best. The key to your optimal trading is to stick to what you trade best. As traders, we often jump from strategy to strategy that may not be our strength to our PL detriment. Do what you do best and stop trying to make tacos.
#2 The five checks for making trading decisions are the Big Picture, intraday fundamentals, technical analysis, reading the tape, and intuition. Every decision involves considering the impact of each of these five checks. It is most important for your trading career to understand what to consider when deciding to make a trade as opposed to whether your trading decision was correct.
#3 The Big Picture is the strength or weakness of the overall market and what catalysts are moving it. You must know the Big Picture and be prepared for how it may move your trading positions.
#4 Intraday Fundamentals is the practice of trading a Stock In Play. To be even clearer, we seek stocks that have fresh news. This fresh news can come after the previous close or before the open.
© 2022 IRB Media (E-bog): 9781669394525
Release date
E-bog: 27. april 2022
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