LEADER 05322nam 2200661 a 450 001 9910139168703321 005 20170815161708.0 010 $a1-119-19949-2 010 $a0-470-82617-7 010 $a1-282-88359-3 010 $a9786612883590 010 $a0-470-82616-9 035 $a(CKB)2560000000068552 035 $a(EBL)588974 035 $a(OCoLC)681351970 035 $a(SSID)ssj0000430348 035 $a(PQKBManifestationID)12163414 035 $a(PQKBTitleCode)TC0000430348 035 $a(PQKBWorkID)10452476 035 $a(PQKB)11530660 035 $a(MiAaPQ)EBC588974 035 $a(EXLCZ)992560000000068552 100 $a20100721d2010 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe universal principles of successful trading$b[electronic resource] $eessential knowledge for all traders in all markets /$fBrent Penfold 210 $aSingapore ;$aHoboken, N.J. $cWiley$dc2010 215 $a1 online resource (376 p.) 225 1 $aWiley trading 300 $aSeries statement from jacket. 311 $a0-470-82580-4 320 $aIncludes bibliographical references and index. 327 $aThe Universal Principles of Successful Trading; Contents; Acknowledgments; Preface; Foreword; Introduction; Chapter 1 A Reality Check; Why Do 90 Percent of Traders Lose?; Common Mistakes-Year One; Common Mistakes-Year Two; Common Mistakes-Year Three; How to Join the 10 Percent Winners' Circle; In Summary; Chapter 2 The Process of Trading; The Process of Trading; Chapter 3 Principle One: Preparation; Maximum Adversity; Emotional Orientation; Losing Game; Random Markets; Best Loser Wins; Risk Management; Trading Partner; Financial Boundaries; In Summary; Chapter 4 Principle Two: Enlightenment 327 $aAvoiding Risk of RuinEmbracing Trading's Holy Grail; Expectancy; Opportunities; Pursuing Simplicity; Treading Where Most Fear; Validation; In Summary; Chapter 5 Principle Three: Trading Style; Trading Mode; Time Frames; Choosing Your Trading Style; Long-term Trend Trading; Short-term Swing Trading; Long-term Trend Trading Versus Short-term Swing Trading; In Summary; Chapter 6 Principle Four: Markets; Good Operational Risk Management Attributes; Good Trading Attributes; In Summary; Chapter 7 Principle Five: The Three Pillars; Money Management; Methodology; Psychology 327 $aChapter 8 Money ManagementMartingale Money Management; Anti-Martingale Money Management; Key Concepts; History; Anti-Martingale Money Management Strategies; Trading Forex_Trader Using a Single Contract with No Money Management; Forex_Trader Using Fixed-Risk Money Management; Forex_Trader Using Fixed-Capital Money Management; Forex_Trader Using Fixed-Ratio Money Management; To Chase 18,000,000 in Profits or to Chase 1,500,000 in Profits, That is the Question; Forex_Trader Using Fixed-Units Money Management; Forex_Trader Using Williams Fixed-Risk Money Management 327 $aForex_Trader Using Fixed-Percentage Money ManagementForex_Trader Using Fixed-Volatility Money Management; Which Money Management Strategy to Choose?; Trading Equity Momentum; In Summary; Chapter 9 Methodology; Discretionary or Mechanical Trading; Creating a Methodology; Trend Trading; Not All Indicators are Bad; But Don't Markets Change?; Multiple Methodologies; Basic Attributes of Winning Methodologies; Example of a Winning Methodology-The Turtle Trading Strategy; Example of an Objective Trend Tool; Fibonacci: Fact or Fiction; Placebo Traders; In Summary; Chapter 10 Psychology 327 $aThe Consensus ViewManaging Hope; Managing Greed; Managing Fear; Managing Pain; Maximum Adversity; In Summary; Chapter 11 Principle Six: Trading; Putting it All Together; Trading: Order Placement; In Summary; Chapter 12 Just One Piece of Advice; Balance; The Market Masters; Ramon Barros; Mark D. Cook; A Diverse Group of Traders; Michael Cook; Kevin Davey; Tom DeMark; Lee Gettess; Daryl Guppy; Richard Melki; Geoff Morgan; Gregory L. Morris; Nick Radge; Brian Schad; Andrea Unger; Larry Williams; Dar Wong; A Wealth of Advice; Chapter 13 A Final Word; Appendix A Risk-of-Ruin Simulator 327 $aSimulator Variables 330 $aThe Universal Principles of Successful Trading clearly and unambiguously articulates trading principles that distinguish the winners from the losers. Though trading can be performed in different markets, across different timeframes, and with different instruments based upon different techniques, there is one common thread that ties all winning traders together: the universal principles of successful trading. All consistently profitable traders adhere to them regardless of the markets, timeframes, and techniques. In this ground-breaking book from top trader, Brent Penfold, the r 410 0$aWiley trading. 606 $aInvestment analysis 606 $aSpeculation 608 $aElectronic books. 615 0$aInvestment analysis. 615 0$aSpeculation. 676 $a332.6 676 $a332.645 700 $aPenfold$b Brent$f1962-$0959803 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910139168703321 996 $aThe universal principles of successful trading$92175183 997 $aUNINA