The Online Trading Cookbook is a unique resource for busy online traders of all levels, addressing the need amongst the growing number of those trading and investing from home for solid, low risk trading strategies which they can incorporate into a busy lifestyle. Suitable for all levels of retail trader and is supplemented by useful advice on the best trading tools, websites and brokers, the different markets available to trade, tips on risk and money management.
The book is divided into sections based on levels of complexity and contains specific strategies used by profitable hedge funds as well as strategies used by other professionals, all of which can be implemented by private investors. The opening chapter discusses the professional tools traders will need, from multi-screen hardware, best websites, trading software, data services, brokers, trading products and the types of traders suited to each type of trading. The following chapters give concise novice, intermediate and advanced strategies for short and long term traders.
The cookbook format is one of the most popular for teaching complicated subjects. Trading skills are presented and learnt as simply as recipes. This book provides exactly that from trading strategies to risk and money management. Each page presents as ingredients what the trader needs to do, the tools and the preparation with successful examples illustrated on the facing page. Both the proven format and its simplicity are compelling and unique in their application to trading.
Written by two celebrated experts in the field, The Online Trading Cookbook is the perfect starting point for anyone wishing to learn to trade or for advanced traders wishing to further their knowledge.
The book is divided into sections based on levels of complexity and contains specific strategies used by profitable hedge funds as well as strategies used by other professionals, all of which can be implemented by private investors. The opening chapter discusses the professional tools traders will need, from multi-screen hardware, best websites, trading software, data services, brokers, trading products and the types of traders suited to each type of trading. The following chapters give concise novice, intermediate and advanced strategies for short and long term traders.
The cookbook format is one of the most popular for teaching complicated subjects. Trading skills are presented and learnt as simply as recipes. This book provides exactly that from trading strategies to risk and money management. Each page presents as ingredients what the trader needs to do, the tools and the preparation with successful examples illustrated on the facing page. Both the proven format and its simplicity are compelling and unique in their application to trading.
Written by two celebrated experts in the field, The Online Trading Cookbook is the perfect starting point for anyone wishing to learn to trade or for advanced traders wishing to further their knowledge.
Table of Content
Preface ixAcknowledgements xiii
About the Authors xv
Introduction 1
PART I APERITIF
Recipe 1 Uncle’s Favourite 11
Difficulty Level: Beginner
Recipe 2 What Good Dishes Taste Like – The Recipe for
Trading Success 21
Difficulty Level: Beginner
Recipe 3 Trend Lines and Channelling: Mind the Bumps 31
Difficulty Level: Beginner
Recipe 4 Japanese as Easy as Sushi: Exotic but not Complicated
37
Difficulty Level: Beginner
Recipe 5 Moving Averages: Decisions Decisions 43
Difficulty Level: Beginner
Recipe 6 Breakfast at 8 49
Difficulty Level: Beginner
Recipe 7 Let’s Get a Takeaway! 55
Difficulty Level: Beginner
PART II HORS D’OEUVRES
Recipe 8 MACD, MA and Stochastic – Mixing Cocktails 69
Difficulty Level: Beginner/Intermediate
Recipe 9 The Breakout 75
Difficulty Level: Intermediate
PART III AMUSE-BOUCHE
Recipe 10 Natural Diet: Don’t Forget Your Roughage 85
Difficulty Level: Intermediate
PART IV ENTREMET
Recipe 11 MACD (Mac-D) and Friends 101
Difficulty Level: Intermediate/Advanced
Recipe 12 Nouvelle Cuisine: New Issues 107
Difficulty Level: Intermediate/Advanced
Recipe 13 Momentum: Short Termism Does Pay! 111
Difficulty Level: Intermediate/Advanced
Recipe 14 Turtle Soup: The Most Famous Trading Recipe of All
117
Difficulty Level: Intermediate/Advanced
Recipe 15 Pairs Trading: One of Your Five a Day! 127
Difficulty Level: Intermediate/Advanced
Recipe 16 Double Big MAC-D 135
Difficulty Level: Intermediate/Advanced
PART V ENTREE
Recipe 17 English Breakfast or All-Day Lunch 151
Difficulty Level: Advanced
Recipe 18 Surfing the Waves: Fast Food 159
Difficulty Level: Advanced/Expert
PART VI MAIN
Recipe 19 Coffee Options and Spreads 173
Difficulty Level: Advanced/Expert
Recipe 20 Bonds: Shaken Not Stirred 185
Difficulty Level: Advanced
Recipe 21 Buffet: Today’s Special at Mc Donald’s
193
Difficulty Level: Advanced
PART VII DESSERT
Recipe 22 Common Cooking Mistakes and How to Avoid Them 203
PART VIII PANTRY
Recipe 23 Utensils and Common Ingredients 209
Recipe 24 If You Can’t Stand the Heat: Taking Risks in the
Kitchen 221
Index 229
About the author
Alpesh Patel launched asset management company PraefiniumPartners in 2004. He is a former Visiting Fellow in Business and
Industry at Corpus Christi College, Oxford University. He has
written 13 books on trading, translated into 8 languages. For
Bloomberg TV he co-presented shows for three years as their
in-house online trading specialist. He has had over 200 columns on
trading published in the Financial Times through his
Diary of an Internet Trader column. He is the founder of href=’http://www.investingbetter.com/’>investingbetter.com
which is an online trading education company and has his own
investment software in partnership with Sharescope.
Alpesh has lectured on trading from Beijing and San Francisco to
Guatemala and from Spain to India, Singapore and Hong Kong.
Alpesh is also the founder of Trader Mind Markets.com, an
online trading portal and alpeshpatel.com offering FX education as
well as eglobaltrades.com, an online FX broker. He writes the href=’http://www.thetraderfather.com/’>The Trader Father.com
blog.
Paresh Kiri has vast experience as a floor trader on the
world’s second largest derivatives exchange LIFFE and as a
Portfolio Manager. He is an FSA regulated investment manager.
Starting his career on the LIFFE floor in 1993, Paresh was one
of the first traders to embrace screen trading, through the LIFFE
online trading platform APT (Automated Pit Trading). Paresh was one
of the founders of Kyte Securities. Since leaving Eden Financial in
1999, Paresh has been managing private client and institutional
money, and developing very specific operational services going back
to Kyte Group to assist the development of an Index Options Desk,
and seeking ways of bringing the strategies he developed to the
wider public audience by structuring managed accounts services
using on-line trading platforms. Paresh regularly coaches and holds
private seminars on trading the markets. He sits on the Advisory
Board of Sterling Group.
Language English ● Format PDF ● Pages 256 ● ISBN 9780470662465 ● File size 18.1 MB ● Publisher John Wiley & Sons ● Published 2012 ● Edition 1 ● Downloadable 24 months ● Currency EUR ● ID 2470789 ● Copy protection Adobe DRM
Requires a DRM capable ebook reader