15 Easy Steps to Mastering Technical Charts

Vision Books
44
Free sample

"Charts are for trading as water is for fish. You cannot trade without knowing how to read a technical chart," says financial markets guru, Ashu Dutt.

"Trading the markets is a game of odds. The goal is to improve your odds. The odds of making the greatest profit at the minimum possible risk."

In this book, Ashu explains everything you need to master technical charts. Each of these 15 steps will help you read what the charts are revealing about the market and what and how you should trade. A mastery of charts will hugely improve your trading odds and trading profits:

● How charts reveal the market's collective mood and trading action

● How to use the combination of price, volume and time to confirm price rallies and declines

● How to improve your trades by mastering support and resistance

● How to stop trading losses and protect your gains using stop loss

● How to make money trading accumulation and distribution

● Wait out the head, trade the body and exit at the tail

● How to develop a successful trading plan of your own

● How to read charts for short and long term trading; day trading, swing trading and position trading

● How to find out if a chart may be misleading you

● How to find trades that fit you and will make you money.

PLUS, The Chart Grader Quiz and much, much more!

Ashu Dutt is one of the most visible and respected faces in Indian financial markets. In this book he reveals 15 steps to mastering technical charts used by successful market traders to improve their trading odds:

● Market-tested trading strategies
● Dozens of Trading charts
● Key points highlighted with real-life examples.

Read more

More by Ashu Dutt

See more
"You can make 50% to 100% every year with low risk. It's possible and it's true," says Ashu Dutt.

"Trading is one of the most rewarding occupations. If you can master chart reading and self-control, you have an unbelievable edge over others in the market."

In this conversational, easy-to-read book, Ashu reveals 22 stock market trading secrets to help you make big profits — secrets rooted in his decades of real-life market experience, secrets tested for their effectiveness, secrets that will give you that elusive trading edge:

● How to identify and trade the head of the price move for maximum profits

● Secrets of trading supports and resistance

● Rules for profitable entries and exits

● The never-nevers of successful trading – and the trading minefields to beware of

● The different types of market rallies and market falls – and how to profit from them

● How the right alignment of price, volume and time spells big profits

● All about stop losses

● How to profitably trade gaps — and when to stay out of the market

● How to prepare your mind for trading success

● The vital importance of money management and trading discipline.

PLUS, much, much more...

What makes this book so special is Ashu's ability to get under the hood and show you how and when to use all the money-making trading wisdom packed in this book, highlighting key points with numerous real-life market examples and trading anecdotes.

Ashu Dutt is one of the most visible and respected faces in Indian financial markets. In this book he reveals the trading secrets and techniques that are typically the domain of big market players:

● 22 Trading Secrets
● Dozens of Trading Rules
● Numerous Profit-Making Action and Caution Triggers

4.1
44 total
Loading...

Additional Information

Publisher
Vision Books
Read more
Published on
Apr 1, 2013
Read more
Pages
94
Read more
ISBN
9788170949091
Read more
Language
English
Read more
Genres
Business & Economics / Investments & Securities / Analysis & Trading Strategies
Business & Economics / Investments & Securities / General
Read more
Content Protection
This content is DRM protected.
Read more
Read Aloud
Available on Android devices
Read more

Reading information

Smartphones and Tablets

Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.

Laptops and Computers

You can read books purchased on Google Play using your computer's web browser.

eReaders and other devices

To read on e-ink devices like the Sony eReader or Barnes & Noble Nook, you'll need to download a file and transfer it to your device. Please follow the detailed Help center instructions to transfer the files to supported eReaders.
How to Become a Professional Trader and Grow Rich


"Full-time trading can make you very rich," says market guru and bestselling author, Ashu Dutt.

Indeed, professional traders are some of the richest people in the world. Not just that. Trading as a profession gives you both financial freedom and the independence to live your life the way you want. This book will serve as your reference and guide on how to start and succeed as a professional trader.

Trading for a living is very different from part-time trading. Professional trading requires a combination of a certain psychological make-up, technical skills and discipline; combine these three and you have a rewarding profession. And in this book, Ashu describes what it takes to become a successful full-time trader. He also reveals time-tested and market-proven trading strategies, secrets and techniques that can make you very rich:

● Steps to becoming a successful professional trader

● How to set your trading goals

● How to develop trading plans that work in different market conditions

● How to pick winning trades

● How to control trading risks

● How to control your emotions when trading

● How to master technical charts without getting lost in the minutiae

● What to do when you have been losing money for some time

● The golden rules for day trading, swing trading and position trading

PLUS: 14 self-assessment tests to help you measure your trading prowess.

What also makes this book special is Ashu's ability to show you how and when to apply all the trading wisdom packed in this book, highlighting key points with numerous real-life examples.

COME, FIND OUT HOW PROFESSIONAL TRADING CAN TRANSFORM YOUR LIFE . . .

Day trading holds tremendous attraction for those seeking to make money in the markets. Nearly 90% of market players are interested in day trading because it requires lower capital, you don’t carry overnight risks and you can make money whether the market is rising or falling.

The attraction can also be fatal because you have to act fast and if you don’t have a clear strategy, the rapidly unfolding market events can stampede you into making wrong moves.

This book contains a powerful day trading strategy, complete from how to select a stock to trade, to risk management and profitable exits. The strategy rests on the author’s innovative concepts of trade invitation, and running and stagnant prices.

HIGHLIGHTS:

● Should you be day trading? Where to start
● Understanding trends — and how they are affected by changes in market sentiments
● How to interpret what the price is telling you
● How to identify a trade invitation
● How to confirm the validity of a trade invitation
● How and when to use running price to enter a trade
● Simple stop loss rules to manage the risk of a trade going wrong
● When to book profits.

Here is a concise, actionable guide to making money in day trading by a successful day trader who has trained more than 40,000 traders.
Come, profit from it.

REVIEWS FOR THE BOOK

"An excellent book with a roadmap to be successful using discipline, strategy and risk management, all covered in a simple way. I would recommend this book to both existing traders and people who want to start day trading." — Ajay Laddha, Director, Vantage Wealth Management Pvt Ltd.

"Covers a difficult topic like day trading in a simple manner. A good help to (those) . . . who want to be traders. They will surely benefit from these simple and realistic ideas." — Sachin Dabke, Director, Baroc Technologies

"(This) book lays the foundation for a day trader . . .  to successfully sail through the stormy winds of the stock markets." — Sandeep Wagle, Founder and CEO, Power My Wealth

"There are very few opportunities for making very large gains in relation to the money you put up. Futures and options is one of them." says financial markets guru, Ashu Dutt.

"With a small percentage of the price as down payment, you get the same price movements as the stock — but the 'big deal' is that the returns you make are multiples of what you would make if you owned the stock. Even better — returns come fast when you trade in futures and options."

In this book, Ashu reveals time-tested strategies that successful futures and options traders use but won’t tell you, proven methods that can make you a fortune. Find out:

● Why you must trade futures and options (F&Os)

● How you can make money in both rising and falling markets

● When to trade futures; when it's best to use options 

● How to profit in different market conditions using F&Os

● Why the cardinal rule in trading F&Os is to take losses as quickly as possible

● Why stock fundamentals and "value" don't matter in trading futures and options 

● How to develop your own F&O trading approach

● F&O trading myths and golden rules

● How you can use F&Os to risk-proof your portfolio

● And, lots more.

What also makes this book so special is Ashu's market experience and expertise, and his ability to show you how and when to use all the money-making trading wisdom packed inside.

Ashu Dutt is one of the most visible and respected faces in Indian financial markets. In this book he reveals trading secrets and techniques that are typically
the domain of big F&O market players:

● Market-tested trading strategies
● Dozens of Trading rules
● Key points highlighted with real-life examples.

Japanese rice traders have successfully used candle signals to amass huge fortunes for nearly four centuries. Constantly refined and tested over time, candlestick signals are now being used the world over for trading all financial markets, including stocks, derivatives and currencies, etc.

This book explains step-by-step how you can make money by trading the powerful and proven candlestick techniques. Here is how:

● Explanation of major candle signals; how to recognize them and use them effectively

● The underlying market psychology revealed by each candle formation

● How to combine candlestick signals with Western technical analysis to take advantage of high probability trades which generate explosive profits

● Stop loss settings for various candlestick signals for cutting losses. Master this and you will be way ahead of fellow traders

● How the use of candlesticks with technical analysis provides a simple mechanical trading system which eliminates emotional interference, panic and greed

● How to use candlestick charts for making money from longer term trading and investing

● PLUS: Proven, market-tested trading ideas tips and common mistakes to avoid based on the author's rich experience of trading stocks and options.


This book will enable both new traders and experienced traders derive systematic and consistent profits from the market by adding candlestick charting to their trading arsenal.


REVIEWS FOR THE BOOK

"Educative addition to the technical trader's shelf." — The Hindu Business Line


"Clearly explains and reinforces the message of each candlestick pattern, pointing out other details that can help determine success or failure at each occurrence. The real life examples are manifold, well chosen and amplify the lessons being taught. Highly recommended reading for traders in all markets to discover ways of profiting from candlestick trading." — Alan Northcott


"Sadekar's book not only manages to live upto the expectations but probably excels them. Sadekar attempts to keep things simple, and targets the beginner to intermediate level technician as his target audience.

Each type of reversal, consolidation and continuation pattern is tackled in individual chapters and illustrated liberally with charts of Indian stocks. The author leaves ample strategies for the not so active trader, also combining Dow theory tools like trend lines, oscillators and moving averages with the oriental techniques. This gives the reader an immediate advantage of getting the best of both the worlds.

While all chapters are interesting read, chapters 11 & 12 are the highlights of the book as they lay out a simple but actionable game plan for a trader and investor. As if the overall package was not sweet enough, Sadekar has compiled a tear-away candlestick ready-reckoner at the end of the book to identify emerging patterns in real time. At its price, the book is a value buy. All in all, a must read book for every freshman candle sticks trader."
— Vijay L. Bhambwani, Technical Analyst, CEO - BSPLIndia.com

Short-term trading refers to the practice of buying and selling financial instruments within the same trading week or, at most, a few weeks. Short-term traders buy and sell stocks over a few days or weeks in the hope that their stocks will continue climbing in value for the time they own them, making for quick and, often, huge profits. Some of the more commonly traded financial instruments are stocks, stock options, currencies, and futures contracts such as equity index futures, interest rate futures, and commodity futures.

Short-term trading was once the preserve of banks, financial firms, and professional investors. Many traders are bank or investment firms employees working in equity investment and fund management. As with many other business segments, the Internet, technology, and legislative changes have opened up this attractive marketplace to a new breed of individual investors and speculators working part-time. You and I can now stand on an even playing field with the largest banks, wealthiest individuals, and trading institutions from the comfort of home.

Short-term trading can provide you with very high and secure rate of return as high as 12%, 18%, 24%, or even 300%. If performed correctly, short-term trading can far outpace all other investment techniques. The key is to know how to perform this process correctly. This all sounds great, but what is the catch? There really is none, except you must know what you are doing! This groundbreaking and exhaustively researched new book will provide everything you need to know to get you started generating high-investment returns with low risk from start to finish.

In this easy to read and comprehensive new book you will learn how to set up your online account, how to choose the correct software to use in trading, how to get started in short-term trading, how to invest in short-term stocks, evaluate performance, and handle fees and taxes. This book delves into trading tactics for swing trading, position trading, leveraging the stock market, selling short, and pinpointing entry, exits, and targets for your trades.

You will pick up the language of a trader so that you recognize candlestick patterns, advancing and declining issues and volume, call options, and put options. You will know how to find the very best stocks every day, how to read and prosper with stock charts, how to use the New York Stock Exchange tick indicator and trading index (TRIN), the Commodity Channel Index (CCI), the moving average convergence/divergence (MACD), the Dow 30-Day Moving Average. As you read this book, the mysteries of short-term trading will unfold so that you can double or even triple your investment all while avoiding the common traps and pitfalls. In addition, we took the extra effort and spent an unprecedented amount of time researching, interviewing, e-mailing, and communicating with hundreds of today s most successful investors.

Aside from learning the basics of mutual fund trading you will be privy to their secrets and proven successful ideas. Instruction is great, but advice from experts is even better, and the experts chronicled in this book are earning millions. If you are interested in learning essentially everything there is to know about short-term investing as well as hundreds of hints, tricks, and tips on how to earn enormous profits in short-term investing while controlling your investments, then this book is for you.

Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company presidentâe(tm)s garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice. Every book has resources, contact information, and web sites of the products or companies discussed.


©2018 GoogleSite Terms of ServicePrivacyDevelopersArtistsAbout Google
By purchasing this item, you are transacting with Google Payments and agreeing to the Google Payments Terms of Service and Privacy Notice.