THINK LIKE A WHALE TRADE AS A SHARK
Title | THINK LIKE A WHALE TRADE AS A SHARK PDF eBook |
Author | George Protonotarios |
Publisher | GEORGE PROTONOTARIOS |
Pages | 146 |
Release | |
Genre | Business & Economics |
ISBN |
There are three important conditions to trade successfully in any financial market: a strong fundamental landscape, a nice market structure, and an accurately-measured trading range. If fundamentals agree, and the market structure has proven itself, knowing the trading range is the only thing you need. This book contains a wide variety of technical analysis methods and techniques in order to help investors recognize market structure in early stages, identify support and resistance, and accurately measure the trading range. However, the complex world of financial trading is a zero-sum game. Someone has to lose in order for someone else to make a profit. And as there are a few people making a lot of money, there are a lot of others who lose constantly. This is why clever investors always add a contrarian flavor to their decision-making process, and most of the time, trade against the public sentiment. All financial asset classes follow a similar pattern that starts with fear and ends with greed. Smart traders enter the market when the fear of retail traders pushes prices below their ‘fair value’ and sell when the retail greed pushes prices well above their ‘fair value.’ This never-ending circle between fear and greed creates numerous opportunities for patient traders. On a macro scale, fundamental analysis is the perfect tool for identifying the ‘fair value’ of a financial asset and measure risk. Risk and reward are the two crucial inputs of any investment decision. In addition, technical analysis is useful for the identification of price trends and the optimization of entries in the market. Professional traders use both these analysis methods in their decision-making process. They use fundamental analysis to decide what to buy and technical analysis to decide when to buy. To summarize this concept in just one phrase, always think like a fundamentalist investor when deciding what to buy and act as a technician trader when entering the market. Think like a whale and trade as a shark. Successful trading requires a strong personality and a character that will allow you to trade without fear and greed. Weak hands lose money in the long-run. The stronger your character, the stronger your hands. If you want to be a successful trader, start by building your character, something that cannot be easily taught. CHAPTERS This book covers a wide range of fundamental resources and technical analysis techniques in order to help investors seek proof in the right place. Any successful trading decision must have a fundamental background. Chapter 1 begins with the basics of fundamental analysis when trading equities, Forex currencies, and cryptocurrencies. The main goal of studying fundamentals is to identify investment opportunities. Opportunity can be defined as the difference between the current price of an asset and its real value. Fundamental analysis can recognize risk and reward, the two most crucial inputs of the decision-making process. In Chapters, 2, 3, 4, 5, and 6, you will find various technical analysis methods with many examples and charts. Trading charts can be read significantly easier than raw data. Reading charts is useful not only for identifying key trends but also for recognizing major support and resistance levels. Furthermore, you will learn how to use moving averages, RSI, the Fibonacci Numbers, the Fibonacci Retracement, and the definition of the long-term trend in any financial market. By combining all these different technical analysis tools, you will be able to recognize any market conditions, identify strong trends, spot the potential levels of a trend reversal, but most importantly accurately measure the trading range. In Chapter 7, you will learn about the role of market volatility and its importance for managing risk and achieving portfolio diversification. How to use the Bollinger Bands and ATR when trading indices, and Beta when trading individual stocks. In addition, you will learn about the VIX Index and its ability to predict a financial crisis, but also how to use options contracts to spot incoming market volatility. Finally, you will learn about the basics of Foreign Exchange and cryptocurrency volatility. In Chapter 8, you will find information about seasonality statistics and seasonal patterns. Seasonality refers to a time period in which market data tends to experience common and predictable behavior. Whenever a seasonal pattern has been repeated regularly, it becomes statistically significant. However, seasonality reflects an average reliance on past market data. That means seasonal patterns provide a window of opportunity and not an independent forecasting framework. A seasonal pattern can be any price pattern correlated to a particular month, quarter, or semester. You will be able to find seasonal patterns for Dow Jones Industrial, three popular currency pairs (EURUSD, GBPUSD, and USDJPY), and two key cryptocurrency pairs (Bitcoin and Ethereum against the US dollar). In Chapter 9, you will learn about market sentiment. The market sentiment refers to the views, opinions, and expectations of investors toward the future market conditions. It is very important to distinguish between the experts’ sentiment that you should trade in line with it and the public sentiment, that you should generally trade against it. The greatest trading opportunities in life are against the general public sentiment. You will learn also about the Fear & Greed index, the Overnight Repo Rate, the Perpetual Contracts, and how to use the Commitment of Traders (COT) report. If there is one golden rule when investing, it’s to always diversify your investment decisions. This rule is applicable in every aspect of our life. In Chapter 10, you will learn about money management. Money management refers to the process of achieving risk control over your portfolio by eliminating the unnecessary risk, and it is a key ingredient of long-term trading success. You will learn about market correlations, cross-market connections, position-sizing, the 2% rule, the Reward/Risk Ratio, the Win Ratio, and why you should always trade small account sizes. By combining the information and tools presented in this book you have the opportunity to better understand the mechanics of the global financial markets and significantly increase your odds of winning in the long-run. Success is all about education and building the right character. The more educated you become the stronger your character when others are greedy, and the stronger your hands when others are fearful. George M. Protonotarios, Financial Analyst - M.Sc “Int. Banking & Finance” Salford, UK www.TradingCenter.org
BUILDING AUTOMATED TRADING STRATEGIES
Title | BUILDING AUTOMATED TRADING STRATEGIES PDF eBook |
Author | George Protonotarios |
Publisher | GEORGE M. PROTONOTARIOS |
Pages | 71 |
Release | 2018-09-21 |
Genre | Business & Economics |
ISBN |
This eBook includes general information and educational resources for explaining the modern use of automated trading, plus some practical information and advice on how to create a proprietary automated trading system. The optimization of a trading strategy through sophisticated backtesting and walk-through steps is maybe the most difficult part of strategy building. This eBook contains information on how to successfully backtest and optimize automated trading strategies.
Forex Trading Guide -Making Money by Trading in the Foreign Exchange Market
Title | Forex Trading Guide -Making Money by Trading in the Foreign Exchange Market PDF eBook |
Author | George Protonotarios |
Publisher | GEORGE PROTONOTARIOS |
Pages | 72 |
Release | 2024-07-15 |
Genre | Business & Economics |
ISBN |
Forex Trading Guide (3rd Edition) For Beginners and Semi-Advanced Currency Traders Forex means FOReign EXchange and it is a global decentralized market where the world’s national currencies are traded one against another. Central banks, commercial banks, large and small corporations, institutional investors, individual traders, and even common tourists occasionally need to exchange one currency for another. -TABLE OF CONTENTS- 1. What is Forex all About? 2. Forex Accounts & Brokers 3. Why Trading in the Forex Market? 4. Forex Trading Promotions 5. Forex Trading Platforms 6. Six Different Forex Trading Styles 7. Trading Signals & Expert Advisors 8. The Basic Economics of Currency Trading By FxPros.net
Trade Like a Shark
Title | Trade Like a Shark PDF eBook |
Author | Robbie Burns |
Publisher | Harriman House Limited |
Pages | 199 |
Release | 2016-09-26 |
Genre | Business & Economics |
ISBN | 0857195433 |
Take a bite out of the markets with the Naked Trader in his 100% all-new book about TRADING PSYCHOLOGY! This book is for anyone who really wants to consistently make money trading shares. Trading and investing can be tough – most fail. The human mind is to blame. It’s prone to emotion, cluttered with distractions like Twitter and social media, easily trapped by scams. But it’s possible to make money in the markets – and to do so reliably. Robbie Burns, aka The Naked Trader, has been trading successfully from his home for 15 years – making over £2m tax-free (while eating a lot of toast and watching Game of Thrones). He’s also met and helped thousands of fellow traders at his seminars, seen every possible trading meltdown, and knows exactly what can go wrong – but also how to put it right. In Trade Like a Shark, Robbie uses his unique firsthand experience and the real-life stories traders have shared with him to expose exactly how the human mind can play havoc with your trading. At the same time he reveals his tried-and-tested methods for overcoming it, showing how to be a shark, gobbling up money from the 'fish' who are full of fear, greed and other emotions. (And also why modelling yourself on Mr Spock can work wonders.) If you’ve run into problems trading in the stock market – or just want to reinforce good habits – there is no better or wittier guide to the pitfalls that are out there, and some surprisingly effective ways to overcome them. It's a must-read book on trading psychology – without the jargon. Read it and take your trading to the next level now!
Whale Sharks
Title | Whale Sharks PDF eBook |
Author | Alistair D.M. Dove |
Publisher | CRC Press |
Pages | 442 |
Release | 2021-08-25 |
Genre | Nature |
ISBN | 1351334751 |
Whale sharks are the largest of all fishes, fascinating for comparative studies of all manner of biological fields, including functional anatomy, growth, metabolism, movement ecology, behavior and physiology. These gentle ocean giants have captured the interest of scientists and the imagination of the public, yet their future is uncertain. The conservation status of whale sharks was upgraded to Endangered on the IUCN Red List and the species faces a range of intense threats from human activities. Can these iconic living animals, who have survived for millions of years, survive us? Written by the world’s leading experts in whale shark biology, ecology, and conservation, Whale Sharks: Biology, Ecology and Conservation is the first definitive volume about the world's biggest fish. Chapters include discussions of satellite-linked tags, used to track whale shark movements; genetic sequencing, to examine evolutionary adaptations; even the use of underwater ultrasound units to investigate the species’ reproduction. The editors hope that by collating what is known, they can make it easier for future researchers, conservationists, and resource managers to fill some of the remaining knowledge gaps, and provide the information they need to join the team. As you work your way through this book, we hope that you will develop a sense of awe and marvel at all of our good fortune to share the ocean, and the planet, with this utterly extraordinary species.
Elasmobranch Biodiversity, Conservation and Management
Title | Elasmobranch Biodiversity, Conservation and Management PDF eBook |
Author | Sarah L. Fowler |
Publisher | IUCN |
Pages | 282 |
Release | 2002 |
Genre | Business & Economics |
ISBN | 9782831706504 |
The Darwin Elasmobranch Biodiversity Conservation and Management project in Sabah held a three-day international seminar that included a one-day workshop in order to highlight freshwater and coastal elasmobranch conservation issues in the region and worldwide, to disseminate the result of the project to other Malaysian states and countries, and to raise awareness of the importance of considering aspects of elasmobranch biodiversity in the context of nature conservation, commercial fisheries management, and for subsistence fishing communities. These proceedings contain numerous peer-reviewed papers originally presented at the seminar, which cover a wide range of topics, with particular reference to species from freshwater and estuarine habitats. The workshop served to develop recommendations concerning the future prospects of elasmobranch fisheries, biodiversity, conservation and management. This paper records those conclusions, which highlight the importance of elasmobranchs as top marine predators and keystone species, noting that permanent damage to shark and ray populations are likely to have serious and unexpected negative consequences for commercial and subsistence yields of other important fish stocks.
Shark Utilization, Marketing and Trade
Title | Shark Utilization, Marketing and Trade PDF eBook |
Author | Stefania Vannuccini |
Publisher | Food & Agriculture Org. |
Pages | 484 |
Release | 1999 |
Genre | Technology & Engineering |
ISBN | 9789251043615 |
Sharks are only a small proportion of world recorded fish landings, but they are a versatile and valuable resource. They sustain important fisheries in several countries and are a cheap but valuable source of protein for coastal communities dependent on subsistence fisheries. Sharks are exploited for their meat, fins, teeth, cartilage, liver and other internal organs. This report details species used and methods of preparation for various purposes.