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    Stock Trading Systems: Your Guide To Using Stock Trading Systems To Successfully Trade Stocks: Stock Trading Systems, #3
    Stock Trading Systems: Your Guide To Using Stock Trading Systems To Successfully Trade Stocks: Stock Trading Systems, #3
    Stock Trading Systems: Your Guide To Using Stock Trading Systems To Successfully Trade Stocks: Stock Trading Systems, #3
    Ebook119 pages1 hour

    Stock Trading Systems: Your Guide To Using Stock Trading Systems To Successfully Trade Stocks: Stock Trading Systems, #3

    By Carl Robertts

    3.5/5

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    About this ebook

    Take Advantage Of The Virtually Limitless Profit Potential Of Trading With Stock Trading Systems

    "Stock Trading Systems" is specifically designed for those who have never traded stock before or those who have not traded stock successfully and would like to trade successfully. Inside you will find useful information whether your goal is trading as a hobby, part-time for some extra income, or if you decide to live the successful trading lifestyle and trade for a living.

    "Stock Trading Systems" does not recommend, endorse, or encourage any short-term, get-rich-quick thinking or actions. The objective of "Stock Trading Systems" is to help to prepare you for successful stock trading. To be successful in stock trading you need to follow a proven set of rules designed to give you the greatest probability of success.

    Learn The Basics of Technical Analysis - Learn what technical analysis is as well as the power of technical analysis. Successful stock traders look for those opportunities that have the greatest probability for profitability. These traders analyze the stock market to find the best possible opportunities for profit. The basics of technical analysis are covered as it is and will continue to be one of the most effective and popular types of stock market analysis.See examples of how technical analysis is used to create simple trading systems.

    Stock Trading Systems - Learn the basics of trading systems as we explore a variety of illustrated examples. Successful traders use their analysis techniques to develop effective, profitable stock trading systems. This basic introduction has a number of easy-to-follow examples as well as stock charts showing both the entry and exit points of example trades. You'll also learn the basic components that every trading system must have as well as see examples of both indicator-based and price action trading systems.

    Trading System Optimization - Learn the basics of exploring the best inputs for your trading system to create the most stable system possible. Included are illustrated examples of evaluating and selecting from a variety of optimization results.

    Money Management - Learn the basics of one of the most underutilized, most powerful of all trading concepts, money management. Learn how money management can grow your account size larger and faster without increasing your level of risk. Included are illustrated examples of money management in action.

    Trading System Evaluation - One of the most important things you will learn in this book is how to evaluate the performance of a trading system.

    Included is an introduction to a variety of performance metrics as well as techniques to analyze those metrics to evaluate a trading system. This skill is essential whether you intend to build your own system or buy a commercially-available system. Learning a few simple system evaluation techniques can save you a lot of time, money, and grief.

    Learn From Illustrated Trading Examples

    Throughout this book you will see a variety of examples trades showing entry and exit points. The logic behind the example trades is explained and illustrations are included to enhance your learning experience. This fully-illustrated stock trading book includes over 40 full-color images of stock charts, indicators, uptrends, downtrends, winning trades, losing trades, trading system entry and exit points, equity curves, and more.

    If you are new to trading or haven't been trading successfully, however, you will find information designed to take your stock trading knowledge to the next level.

    Download this book and start to improve your trading today!

    LanguageEnglish
    PublisherCarl Robertts
    Release dateMay 14, 2015
    ISBN9781513009018
    Stock Trading Systems: Your Guide To Using Stock Trading Systems To Successfully Trade Stocks: Stock Trading Systems, #3

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      belum berhasil membuat profit waktu di backtest ke IHSG market

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    Book preview

    Stock Trading Systems - Carl Robertts

    Table Of Contents

    Table Of Contents

    Why I Wrote This Book

    Why You Should Read This Book

    Introduction

    An Introduction To Technical Analysis

    The Basics Of Stock Trading Systems

    Trading System Optimization

    Trading System Optimization - Forward Testing

    More Stock Trading System Basics

    An Introduction To Money Management

    The Basics Of Performance Metrics

    Recap and Conclusion

    The Stock Trading Systems Series

    Copyright and Disclaimer

    Why I Wrote This Book

    I wrote this book because I wanted to help beginning stock traders get started.

    Initially I began by thinking of all the foolish mistakes I made when I first got started in stock trading. Then I thought to myself, if others can learn from my mistakes, then they can avoid making the same foolish mistakes that I made.

    The way most new stock traders get started as they jump right into trading with no preparation whatsoever. Don't get me wrong, I'm not standing on a soapbox preaching to anyone because I started off in the exact same way. If my level of knowledge and skill had matched my new trader enthusiasm I could've saved myself a ton of time, money, and grief.

    You see, stock trading can be extremely profitable, but it's only profitable for those who know what they're doing. You've probably heard stories about some of the millionaires or even billionaires that earned their fortunes through trading. That in and of itself just goes to show you that there is tremendous profit potential available stock trading. Even though you may not plan to become a multi-millionaire or billionaire, you have to admit that it's nice to know that some exceptional traders have made fortunes in the stock market.

    In my personal trading I had a very rough start. It seemed like every time I bought a stock the stock the price would immediately go down every time I sold a stock the stock price would immediately go up. I'm almost embarrassed to tell you this, but at the time I felt that the market had a personal vendetta against me. All this made trading a very frustrating experience for me.

    My initial trading experience cost me a small fortune. At the time I didn't want to admit defeat so I kept practicing my bad trading habits over and over and over again. After a while the pain of consistently being wrong and consistently losing money became more than I could bear. At that moment I decided to throw in the towel and quit trading.

    This may sound a bit strange, but giving up at that time was one of the best decisions that I had made. I decided to take a break from trading to wrap my head around the fact that I just lost a ton of money... and the reason I lost a ton of money was because I didn’t know what I was doing.

    After a time I decided not to jump back into trading, but to go back to the drawing board and start from scratch. When I started from scratch, I thought it would be a good idea to explore why I had done so poorly in the past. In the process I discovered a lot about myself as well as a lot about the reasons I was actually trading.

    As it turns out I was more interested in bragging about being a trader than I was in trading successfully. It also turns out that my trading was feeding my need for excitement. When I stopped and thought about it, I actually achieved my objective because the trading was exciting and I was able to call myself a trader.

    After a time my objective for trading shifted from excitement and status to making money. I dedicated myself to learning how to trade effectively before I ever placed another trade with real money. The very first thing I did was develop my own stock trading strategies. I also realized that those strategies would be useless to me unless I developed the rock solid discipline necessary to trade the strategies successfully.

    If you're looking to become a successful stock trader, this book will certainly help you get started on the right path.

    Why You Should Read This Book

    There are many different paths that you can take to get started in stock trading. One way to get started is just open up a brokerage account and start trading. Believe it or not there is actually something good about getting started this way. What's good about getting started this way is that it is very easy to do. Unfortunately, even though it is easy to get started this way is not recommended as you would have a near zero chance of succeeding in stock trading. I speak from personal experience when I described this method as it is exactly the way that I started to trade stock.

    You can get started in stock trading another way and that is by learning from someone who has traded successfully. That is exactly what you can do by reading this book.

    By reading this book you will gain a basic understanding of stock trading as well as avoid many of the foolish mistakes that I made when I first started trading stocks. This book is specifically designed to help you get started on the right path to successful stock trading.

    Introduction

    Every successful business utilizes a system or a set of systems to operate effectively. First, let's start with the definition of a system. Merriam-Webster defines a system as, an organized or established procedure. In addition, Merriam-Webster defines a procedure as, a series of actions that are done in a certain way or order: an established or accepted way of doing something. A system can also be thought of as a set of established rules that we follow to trade effectively. So we can essentially say that a system is a series of rules which trigger a series of actions that are done in a certain way or order.

    Imagine for a moment if you will an automobile assembly line. Both the workers and the machinery on the assembly line perform a series of actions that are done in a certain way as well as a certain order. The order in which the actions were taken was arrived at through analyzing the production process.

    In much the same way as an automobile assembly line system a stock trading system has a series of

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