Well written and packed with the kind of insight about the nature of trading and the markets that can surely benefit every level of trader.
Austin, TX (PRWEB) April 22, 2012
John Carter, President & CEO of Trade the Markets and Simpler Options has released the much awaited follow up to “Mastering the Trade”. Mr. Carter has been day trading for 15 years professionally. As a leading educator in teaching traders how to day trade, he has been a featured speaker around the world, contributor to major financial education services, and has made countless television appearances.
The new book follows up on the success of the first edition published by McGraw-Hill in December of 2005.
“Mastering the Trade” is a step-by-step, innovative approach for becoming a successful professional trader. Full-time trader and fund manager John F. Carter combines an insightful market overview with specific trading strategies and concepts, providing chart setups, trading methodologies,vital money management principles, essential psychological guidelines, advice on powerful hardware and software, and more. This results-driven book sets aside timeworn basics and rehashed ideas to present and examine in detail the underlying reasons that cause prices to move. Its proven program can be used to consistently get in early on market moves, either jumping right back out when a mistake has been made or hanging on for a long and profitable ride.
From valuable hardware and software to market mechanics, pivot points, position sizing,and much, much more, “Mastering the Trade” covers:
The five psychological truths that every day trader must know to transform from a deer-in-the-headlights beginner into a savvy professional. A set of non-negotiable trading rules for increasing the effectiveness of each exact entry, exit, and stop loss levels for the intraday trading of stocks,options, ETFs, emini futures, 30 year bonds, Forex currency markets, and more. The day trader is also give seven key internals, from TICKS to 5-minute volume, that are critical for gaging pending market direction from the opening bell.
The day trader is provided a pre-market checklist to analyze recent market behavior and calculate an action plan and why non-negotiable risk control techniques that protect trading capital is vital to the day traders career.
After spending years on various trading desks, John Carter developed an intuitive understanding of how the markets work. “Mastering the Trade” Carter provides the inspiring professional day trader with unlimited access to everything that needs to known - which trading systems work best in specific markets, techniques for controlling losses, internal strategies for overcoming the danger of emotions - to make an exceptional living on the frontline of professional trading.
About John F. Carter:
John F. Carter grew up the son of Morgan Stanley stockbroker, and was introduced into trading as a sophomore in high school, and has been trading actively for the past 25 years. He studied international finance at the University of Cambridge in England before graduating from the University of Texas at Austin. John has been a full time trader since 1996. In 1999, tired of talking to his goldfish while trading alone in his office, he launched http://www.tradethemarkets.com to post his futures & forex trading ideas. Trade the Markets is a day trading education company founded in 2000 focused on educating day traders in the futures and forex markets. They are mostly known for their live day trading, education style, and innovative indicators.
Mr. Carter later launched http://www.simpleroptions.com to post his Options ideas on Stocks & ETFs. Simpler Options is an options education service providing live options trading, stock & option market analysis, and engaging options classes from beginner to advanced.
Today Mr. Carter has a following of over 30,000 day traders interested in stocks, options, futures, and forex.
John publishes separate daily newsletters for futures/single stock futures,options and equities trading. He’s a Commodity Trading Advisor (CTA)with Razor Trading, manages a futures and a forex fund.
To keep his sanity, John relies on physical activity after the close to deal with the financial swings he and his subscribers encounter. He clears his head running, swimming, traveling with his wife, Maria, and playing with his 3 kids, James, Avery, and Dylan.