Newbie here... (0 viewing)
Favoured: 0
|
|
Newbie here...
|
|
|
|
11 Months, 4 Weeks ago
|
|
|
I have 16GB of ebooks at this moment. So yes - I have the ebook.
Analyse to familiarise and get a feel of the charts movements. Thats why 50. Better if you draw by hand. And better if its more than 50.
|
|
|
|
Logged
|
|
|
|
|
|
The administrator has disabled public write access. |
Jeff (User)
Newbie
Posts: 34
|
|
11 Months, 4 Weeks ago
|
|
|
All the book tat u mentioned above i did d/loaded it, but i cant find "Mark DOuglas - The Disciplined Trader, Trading in the Zone" Can i noe where can i d/load this book?
|
|
|
|
Logged
|
|
|
The administrator has disabled public write access. |
|
|
|
11 Months, 3 Weeks ago
|
|
|
Hi Max,
Can you send me the EBook?
Best Rgds
|
|
|
|
Logged
|
|
|
The administrator has disabled public write access. |
|
|
|
11 Months, 3 Weeks ago
|
|
|
Hi Max,
Can you send me the EBook?
Best Rgds
|
|
|
|
Logged
|
|
|
The administrator has disabled public write access. |
|
|
|
11 Months, 3 Weeks ago
|
|
|
Can someone upload the ebook for Jin?
|
|
|
|
Logged
|
|
|
|
|
|
The administrator has disabled public write access. |
|
|
|
|
|
Logged
|
|
|
|
|
|
The administrator has disabled public write access. |
Jeff (User)
Newbie
Posts: 34
|
|
10 Months, 3 Weeks ago
|
|
|
Hi Max, I got question again....hehehehe...
..
Can you share wif us about ur money management strategy n risk management strategy. I did read some book on this topic, but still din really understand and dunno how to apply....
Thanks....
|
|
|
|
Logged
|
|
|
The administrator has disabled public write access. |
|
|
|
10 Months, 3 Weeks ago
|
|
|
Most of it is actually logic actually - things like 1) Sufficient capital to let the Law of Averages work themselves out. 2) Dont risk all in one trade. In fact, Livermore himself did mention not to gamble 20% of your capital in one trade. 3) Some claim their system to be 99% or so accurate but it is not backed by risk reward ratio. Do read Van Tharp - if not mistaken, he was the first to publish the idea that EVEN if you re not right, you can still make money in the market. Yes, even if your system is less than 50% accurate, with the right risk and reward ratio, you can make money. Couldnt elaborate all of that in one small post - do read Van Tharp.
At the end of the day, the stock market is a probability game - irregardless of whether you re into investing/trading, FA/TA/Random Walk/Insider Information. Money Management plays a bigger role than many amateurs would care to admit. This is why in Bull runs, we see many gurus emerged. But when the Bear comes, many simply falter.
The Tulip Mania not only teaches us how things can be overvalued - to me the lessons are: 1. People are irrational - a single tulip can cost more than a house. 2. FA works in a long run, not short term - anyone shorting tulips in short term would be making severe loss. 3. Money management not to risk everything no matter how it looked for sure - people sold their homes to buy tulips. 4. When general public seemed to think that the sky is the limit, the end is near. This rings true till this very day. Only the elite few - makes 90% of the money in the market. Suffice to say, we re not in the elite 90%. The only way for them to make is for us to lose. This can be made by putting false perceptions into our minds via release of good news etc to stimulate our greed, vice versa - fear. Today, we see many tulips around as well. But once we get excited or too fearful, we cannot see objectively. 5) For every trade you put in, prepare to win AND to lose. It is indeed only a game of probability. So long as you know your system works, your capital is sufficient, then in there is nothing to fear - things will take care of itself. Money, will take care of itself. This is easier said than done - too many would simply ignore their time tested system when it matters most - simply because they cannot control their own emotions and have the discipline to exercise the right Money Management technique. Eg. Have we not seen how a gambler on a losing streak make one last ditch to borrow money and sai lang? Are we really any better than them? Perhaps many would not do it in Genting but how many would the same in KLSE?
|
|
|
|
Logged
|
|
|
|
|
|
The administrator has disabled public write access. |
|
|
|
10 Months, 2 Weeks ago
|
|
|
Jin.....I have the ebook - Discipline trader by Mark Douglas.....abt 46.2 Meg. I got it from emule search.
Cant upload it as the file is too big.
tel me what i can help or try to get it from emule.
:-)
|
|
|
|
Logged
|
|
|
" Men wanted for hazardous Journey. Small wages. Bitter cold. Long months of complete darkness. Constant danger.Safe return doubtful. Honor and recognition in case of success."
|
|
|
The administrator has disabled public write access. |
|
|
| |
|
 |
|