Trading Basics: Evolution of a Trader

by Thomas N. Bulkowski

Comprehensive coverage of the four major trading styles Evolution of a Trader explores the four trading styles that people use when learning to trade or invest in the stock market. Often, beginners enter the stock market and holding onto a stock (value investing). That works well until the trend ends or a bear market begins. Then they try Position trading. This is the same as buy-and-hold, except the technique sells positions before a significant trend change occurs. Swing trading follows when traders increase their frequency of trading, trying to catch the short-term up and down swings. Finally, people try Day trading by completing their trades in a single day. This series provides comprehensive coverage of the four trading styles by offering numerous tips, sharing discoveries, and discussing specific trading setups to help you become a successful trader or investor as you journey through each style.Trading Basics takes an in-depth look at money management, stops, support and resistance, and offers dozens of tips every trader should know.Fundamental Analysis and Position Trading discusses when to sell a buy-and-hold position, uncovers which fundamentals work best, and uses them to find stocks that become 10-baggers--stocks that climb by 10 times their original value.Swing and Day Trading reveals methods to time the market swings, including specific trading setups, but it covers the basics as well, such as setting up a home trading office and how much money you can make day trading.

Genres: Nonfiction, Personal Finance

208 pages, Kindle Edition

First published November 8, 2012

Reviews

[Michał · Rating 4 out of 5]

Despite the title, I think this book is not for absolute beginners - you need some basic knowledge about stock trading to understand few concepts described by the author. Lots of valuable market statistics and historical data backtests (however you could argue about its methodology) as well as many useful tips. It's definitely worth reading, but I wouldn't recommend it as your first trading book.

[Jairo Fraga · Rating 4 out of 5]

Once again a very well written and researched book by Thomas Bulkowski. Even though most of the info is available online, he compiles everything in a statistical fashion that pleases the readers and offers practical advice on trading. Found quite useful many of the info, like the daytrading setups on gaps and ranges. Some statistics on intraday patterns could be presented, but it seems they weren't available on his software at the time.

[Lime Street Labrador · Rating 1 out of 5]

Trash