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    10 Ways to Trade with an Edge
    10 Ways to Trade with an Edge
    10 Ways to Trade with an Edge
    Ebook88 pages1 hour

    10 Ways to Trade with an Edge

    By Shadow Trader

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    About this ebook

    Everyone has to start somewhere in the business of making money with money. You must have the right information from the very first day if you want to become successful in this business. You don't need to know everything all at one time nor could you, and you certainly don't have to learn how to trade every asset class there is, you don't need to become an expert in every conceivable aspect of trading, only the trading you are doing, you should concentrate on becoming a specialist versus being a generalist.

    10 ways to Trade with an Edge cuts right to the core and lays out a progressive foundation of principles on which you can begin building a trading edge to work in any of the financial markets and make high profit as long as you have done the education and training the right way from the first day. 10 ways to Trade with an Edge will give any brand new investor, swing trader or position trader some tips and tools to begin building an edge based trading plan.

    10 ways to Trade with an Edge is short; it takes the complexities of trading and pares it down to the essentials. It does not have to be long to give you the basic information you need to actually make money trading the financial markets. It is all up to you though, to take the information provided here and act on it with a vengeance if you want to make money right away once you begin trading live with real money, you will be a better and more prepared trader after reading 10 ways to Trade with an Edge and be able to work in any asset class on any time frame with an edge over your competition.

     

     

    LanguageEnglish
    PublisherShadow Trader
    Release dateOct 28, 2018
    ISBN9781386728214
    10 Ways to Trade with an Edge

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      Book preview

      10 Ways to Trade with an Edge - Shadow Trader

      10 Ways to Trade With an Edge

      How to Trade any Market with a Competitive Edge

      By Shadow Trader

      Copyright 2018

      How to use this book to your advantage

      10 ways to Trade with an Edge is written to provide straightforward, easy to understand and easy to apply advice, tips and techniques that can be the backbone of any traders success in the financial markets.

      Use 10 ways to Trade with an Edge as an overview or a guide if you will, to what to study and learn first to become consistently profitable from investing and trading. I give you 10 ways you can beat the competition in the market by trading with an edge. I tell you only the most critical tactics to use first because those are absolutely the most important and the ones that will make you money right away if you use them.

      Instead of trying to read this book fast I recommend that you go slow and look up and search for the main things the book talks about that will help you to become successful right away. Skip over anything that is important and it could for sure cause you to lose some money, no one wants that now, right?

      If you need to study each principle one at a time so you can fully grasp it so be it, you do not need to be in any hurry, the market is always going to be there waiting to give you a chance to make money, you can start trading today and making money today on as little as $500 capital to start with.

      I did not put all the history of the market and all the stats in this book. You can look all of that up online at your leisure if you want to know that information, while it is good to know; it will not make you real money or give you a competitive edge to work in the live markets every day.

      You’re asking yourself what will make you money every day in the live markets. Let’s get to it shall we.

      <<<>>><<<>>>

      Table of Contents

      How to use this book to your advantage

      The best way to have an edge is to be a money manager first then a trader

      Working from a rule based trading plan will give you an edge over those who don’t

      Develop a hands off smart plan

      Become an expert at VAR value area recognition

      Know who your competition is and learn to spot them making mistakes on a price chart

      Use the easiest trading method you can when others are not

      You should only trade when the liquidity providers are providing liquidity

      Use probability boosters to give yourself an extra edge

      Concentrate on only high probability trading

      Why you need to always look at the bigger picture

      How it will all come together

      Tips

      Extra links

      Glossary

      Disclaimer

      The best way to have an edge is to be a money manager first then a trader

      This section while it may be a review for some is worth its weight in gold and the information is priceless for a brand new self-directed trader and while lengthy it is worth every cent you paid for this book. If you have zero experience or have already started your trading business but have begun to falter it’s OK. The information I am going to give to you in this section is the most important information you will ever receive in your trading career about money so I encourage you to really take the time to absorb it and follow it if you would like to be a consistently profitable market participant.

      Strict money management and risk control is essential to achieve long-term success in the financial markets. The high level of leverage and margin available to traders makes it important to manage risk exposure and to avoid overleveraged positions. As I said earlier, if you are going to use leverage or margin you had better learn everything about it and what can happen to you if you get jammed up on a trade going bad on you always trade with a stop loss!

      If I had only 1 tip I could give brand new investors and traders coming into the business who have zero knowledge and have not done any research, training or education yet, I would tell them to study money management and risk management first before they even begin to look at any other information about the investing and trading business. If you only take away one thing from reading this entire book I would tell you it should be that to study money management and risk management first will be the most important thing you have ever done for yourself as an investor and trader.

      New people do not spend nearly enough time learning about risk management and money management and it gets them into trouble right from the start. You need to have a risk management plan to be able to be consistently profitable in investing and trading in the live markets. If you don’t, you mine as well write a check to your broker for the entire balance of your capital account because you will undoubtedly lose every bit of it without a rules based trading plan.

      Being wrong in trading isn’t wrong however staying wrong in trading will be death to your account! Your job in your investing and trading business is to be a money manager not a money maker. You get paid to take risks yes, however you have to be an expert at controlling them, the money is just a byproduct of that function. The truth of it is simple, money management wins over time there is no other way to put it.

      All of the people I know in this business who are money makers actually do not even worry about making money, their sole focus is preserving the capital they already have. They manage their risk on every position at all costs and know that they can have a loser every now and then and are ok with it.

      When people ask me for help getting started in the trading business one of the first things I ask them is if they have studied money management and risk management. To many times I have had people come to me for mentoring help and I ask them how much time they spent on learning money management. Most of the time, the answer I get is what do you mean; it never surprises me and is the response I anticipate.

      If a brand new trader takes the time to learn money management in the beginning there won’t be any having to go backward in the learning curve, which can get verrrrry expensive. Unfortunately, no one tells new traders they need to study money management first and they are left to fill in the blanks themselves. Well now, if you have purchased this book and you are brand new to trading, you know that you need to study money management first if you don’t want to lose money in the live market.

      I find that brand new traders are quick to jump into trading their demo accounts once they have some knowledge about the mechanics of trading however they have spent very

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