Trade the Trader: Know Your Competition and Find Your Edge for Profitable Trading By Quint Tatro
Publisher: FT Press 2010 | 224 Pages | ISBN: 0137067089 | PDF | 2 MB
Have you realized yet that when you trade you are not just trading stocks? You’re trading against expert traders who care about only one thing: taking your money. Most traders fail miserably because they never grasp this #1 reality of trading. Successful trading takes much more than just opening an online account and learning a few basic technical analysis patterns.
In Trade the Trader, top trader and hedge fund manager Quint Tatro shows you how to build a solid strategy to win consistently in the extremely competitive world of trading, where sometimes you can’t just trade the stocks before you, but you must trade the trader who’s trading against you. You’ll master the real psychology and gamesmanship of trading and learn how to outsmart your competition at every step--from choosing target investments to knowing when to move.
- Know your adversaries: “smart” money and “dumb”
- Beating the fools, surviving the geniuses
- Get beyond the basics with charts and patterns
- What amateur chart readers know--and how to play several moves ahead of them
- Plan your trade; trade your plan
- Optimize your entire trade, from entry point through exit strategy
- Be ready if you’re wrong
- Implement the disciplined stop system that’s crucial to consistent success
- Master the fine art of taking profits
- Expect gains, realize them, and keep them