Stuart McPhee 
Trading in a Nutshell 
Planning for Consistently Profitable Trading, 10th Anniversary

The ultimate guide for those starting out in trading–now
better than ever!

Illustrated with plenty of trading examples, sample trading
plans, timely charts, tables and figures and insights from market
experts from around the globe, Trading in a Nutshell, 4th
Edition sets readers on the path to profitable trading. This
updated and expanded edition of Stuart Mc Phee’s bestseller is the
perfect guide for anyone starting out in trading, and an excellent
resource for experienced traders looking to expand their
repertoires.

* Reviews, in depth, the financial markets and financial
products, the risks associated with each, and how to trade
them

* Shows how to tailor a trading approach best suited to each
reader’s personality, trading goals and risk tolerance

* Describes time-tested trading rules used by the most successful
traders and explores the mindset and character traits of market
winners with tips on how to cultivate them

* Clearly explains the basics of technical analysis, and provides
expert advice on timing entry and exit decisions to maximise
profits and minimise losses

Table of Content

Acknowledgements vii

Preface ix

1 An introduction to trading 1

2 Financial markets 11

3 Technical analysis and charts 27

4 Chart patterns and indicators 53

5 Developing a trading strategy 73

6 The exit decision 95

7 Trade execution 117

8 Money management and risk 123

9 Developing your trading plan 143

10 Developing your mindset 159

11 Rules of trading 185

12 The experts 191

13 Getting started 233

Glossary 247

Index 253

About the author

Stuart Mc Phee is a private trader and trading coach. He is a highly sought-after public speaker and has presented at trading events throughout Australia and in the United States, Hong Kong, Singapore, Malaysia, Japan, Vietnam, China, Thailand and India. Visit Stuart’s website www.tradingasxshares.com for regular market and video updates.