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    How to Compose a Winning Stock Trading Plan
    How to Compose a Winning Stock Trading Plan
    How to Compose a Winning Stock Trading Plan
    Ebook111 pages1 hour

    How to Compose a Winning Stock Trading Plan

    By Richard Rond

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    About this ebook

    As a stock trading beginner you will need to develop a stock picking process and a rule based plan for how to execute a position based on your analysis as well as learning how to reduce your emotional response when working in the live market which can be one of the greatest hurdles to shrewd decision making for a beginner.

    How to Compose a Winning Stock Trading Plan will also help you to have confidence behind your decisions will help you from worrying about aspects of investing which you can’t control, such as return or systematic risk. You should be able to analyze a possible investment step by step which can lead to the discovery of other investment opportunities which will be based on your rule based plan

    After reading this entire book you will have increased your knowledge of the financial markets and trading industry so you can make more informed decisions in the future. The idea is to keep your process and rule based plan simple so you can understand what you are doing and can make informed decisions, if you keep it simple it will be. You will evolve as an investor and trader as you continue to learn and uncover your strengths and weaknesses.

    After reading this entire book you will know the steps you need to take as a stock trading beginner to learn only the things that can help you make money right away and what you can pass on. There is no need to learn anything that will not help you to make money in the market environment against the best market participants in the world. The best tips I can give right now in this section is to always do your own due diligence no matter what anyone tells you or shows you about a stock, and never listen to the talking heads, EVER!

    LanguageEnglish
    PublisherRichard Rond
    Release dateOct 12, 2017
    ISBN9781386543534
    How to Compose a Winning Stock Trading Plan

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      Book preview

      How to Compose a Winning Stock Trading Plan - Richard Rond

      How to Compose a Winning Stock Trading Plan

      Composing an Easy and Fast Smart Plan for Self-Directed Beginner Stock Traders

      By Richard Rond

      Copyright 2017

      Who I wrote this book for

      There are many different ways to get involved in the financial markets for profit. How to Compose a Winning Stock Trading Plan is for new stock trading beginners who are just starting out on their journey who need the basic information and want to have it all in one place at one time instead of having to figure it out on their own and wasting time and perhaps a lot hard earned money in the process.

      Learning to keep the process simple from the start, so as not to waste a lot of education time if you are new is what How to Compose a Winning Stock Trading Plan is all about. Stock trading beginners need to start somewhere and How to Compose a Winning Stock Trading Plan can get you on the fast track to getting only the information you to get going making money right away. There are no short cuts in the learning process that beginners must go through however it does not have to be as hard as they make it on themselves.

      The information in this short book is meant to expedite the stock trading beginner’s learning curve while giving them some ideas as to how to pick some good stocks to invest in right away and how to build a smart stock trading plan and what to have in the plan. The basic scans at the end of the book can be used by any new stock trading beginner right away. Once you get used to using a stock scanner you can then develop your own metrics to input into the scanner to get you what it is you are looking for that meets the criteria of your rule based plan you will develop.

      After reading this entire book you will know the steps you need to take as a stock trading beginner to learn only the things that can help you make money right away and what you can pass on. There is no need to learn anything that will not help you to make money in the market environment against the best market participants in the world. The best tips I can give right now in this section is to always do your own due diligence no matter what anyone tells you or shows you about a stock, and never listen to the talking heads, EVER!

      As a stock trading beginner you will need to develop a stock picking process and a rule based plan for how to execute a position based on your analysis as well as learning how to reduce your emotional response when working in the live market which can be one of the greatest hurdles to shrewd decision making for a beginner.

      How to Compose a Winning Stock Trading Plan will also help you to have confidence behind your decisions will help you from worrying about aspects of investing which you can’t control, such as return or systematic risk. You should be able to analyze a possible investment step by step which can lead to the discovery of other investment opportunities which will be based on your rule based plan

      After reading this entire book you will have increased your knowledge of the financial markets and trading industry so you can make more informed decisions in the future. The idea is to keep your process and rule based plan simple so you can understand what you are doing and can make informed decisions, if you keep it simple it will be. You will evolve as an investor and trader as you continue to learn and uncover your strengths and weaknesses.

      The information I have to give you in How to Compose a Winning Stock Trading Plan will give you some basics of what you need to be successful in making money by investing and trading in any of today's financial markets. This business gives you the chance to make money every single trading day of your life no matter where you are in the world; as long as there is Wi-Fi or internet there you can make money!!! Isn’t that the kind of business you would like to be in?

      Learn to do this business the right way from the beginning and you will have money making skills which will last you the rest of your natural life until the day you CASH OUT, now let’s do this!

      Table of Contents

      Who I wrote this book for

      This is what beginners need to know first

      Answer all of the hardest questions before you even begin

      You can learn to read supply and demand on any chart

      You need to get your head straightened out first to be ready for live trading

      Money management is the only way to get rich from trading

      Trade like a professional and only use a rule based plan

      What are your criteria for finding stocks?

      Ways to find the best stocks to trade

      Making money with money is easy when you’re making it from the right people

      Develop a kill everyone mentality and trade stocks like a Wall Street profit monger

      How to swing trade stocks for consistent profits as a beginner

      Develop a "smart plan" for trading stocks then implement it and stick to it

      Really dial in your trading and use End of Day method signals

      You need to create a long-term wealth producing strategy

      My final advice to beginner stock traders

      Bonus section

      Extra links

      Some basic scans for beginners

      Disclaimer

      This is what beginners need to know first

      New stock trading beginners and investors taking their first steps towards learning the basics of stock investing and trading should use multiple sources of quality education. This short basic book can be your first step in the education and training you must have to become consistently profitable in today’s markets.

      If you are a stock trading beginner and have zero experience and are looking for your first basic information as to how to get started and what to study first and foremost this book is for you. The information in this book is worth its weight in gold and you are basically getting it for the small cost of this book.

      Beginners watching the stock markets rise and fall might be frozen with fear. Can you imagine why a brand new investor would be horrified to see their first stock they bought immediately drop in price the moment after they bought it? It has happened to me several times in my career so far and I am not new.

      They are horrified because they have not taken the time to learn how to see supply and demand and learn how to use price action of the equities they look at in conjunction with supply and demand to trade.

      Let’s put the brutality and volatility of the market into some much-needed perspective right here right now. If you go in the live markets unprepared or even under prepared you can just write a check to your broker for your entire account balance and save yourself a lot of anxiety and stress.

      It is imperative that you get the right training and education right from the very start of your time in this business. How to Compose a Winning Stock Trading Plan will help you to know what you do need to study from the start, what is critical to know and be able to do, and what you can pass up and not waste your time on.

      As a brand new investor and trader, there’s a wealth of information that could be used to your advantage. I recommend that you start off by gaining a working knowledge of the overall market dynamics, what price action is as well as the principles of supply and demand. Learn why the markets do what they do. New investors and traders often wonder how long it will take before they start making money in the markets. You don’t need to be in any hurry because the market is always going to be there waiting to pay you.

      To be a successful market investor and speculator you must be equipped with the proper tools and information from the start of your trading and investing business. Price action and the use of supply and demand principles to make trading and investment decisions are those tools. You don’t need to care where the price is going to be ten years from now; you need to know about where price is right now.

      Here is the first tip I can give you. Don’t waste time on learning things that will not help you make money in the live market. You don’t need to know the history of the stock market and what all the old time guys who made a lot of money did to make their loot. It’s not even the same market or economics as it was when they were in the live market so don’t waste any valuable education and learning time on learning that information it will not help you make money in today’s fast moving

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