Why
You Need This Book
Foreword
Introduction
Acknowledgements
section
i
THE
UNDERLYING PHILOSOPHY
1. An Introduction to the Trading Pyramid
n The Trading Pyramid
n Summary
2. The Evolution of a Trader and the 55 Steps
n The Three Stages
n The 55 Steps
n Summary
3. The Human Brain
n Structure of the Brain
n Trading Chaos
n Summary
4. You —The First Level of the Pyramid and Why
n
The Trading
Experience
n
Summary
5. Commitment
n The Nature of the Market
n Market Profile
n Summary
6. Discipline
n
Discipline and
the Trading Pyramid
n
System
Parameters
n
Summary
7. Money Management
n
Using Money
Management
n
Position Size
n
Monitoring
Position
n
Summary
8. Risk Control
n
Risk Inherent
in the Vehicle
n
Risk Inherent
in the Market
n
Other Forms of
Risk
n
Summary
9. The Three Simple Rules (or Trading Secrets)
n
The Trading
Secrets
n
Following the
Rules
10. System Parameters — The Thinking Behind System Design
n
Buying Options
n
Writing Options
n
Futures
n
Designing a
System
n
Summary
11. System Parameters — Simple Trading Rules and the Human Brain
n
Systems
n
The Human Brain
n
Summary
12. Developing Your Methodology
n
Time Frame
n
Trading Type
n
Analysis Type
n
Money
Management (MM)
n
Risk Control
(RC)
n
Entry
Methodology (EM)
n
Exit
Methodology (ExM)
n
Interview with
an Institutional Trader
n
Summary
13. Operation
n
The Set-up
n
Problems with
Operation
n
Summary
14. The Whole Structure = Profit / Loss
n
Summary
15. Stops and Acceptance
n
Are Stops
Necessary?
n
Stop Approaches
n
Acceptance
16. A Trading Coach
n
The Benefits of
Working with a Coach
n
Adrienne
Toghraie
n
First Steps
n
Summary
section
2
MARKET
TECHNIQUES AND METHODOLOGIES
17. Some Points of Principle
n
More General
Points
n
Low Risk
Trading Opportunities
n
Trading Tips
n
Summary
18. Market Profile and Minus Development
n
Market Profile
n
Minus
Development
n
Value
n
Other Concepts
n
TTT Article
n
Trading Tips
with Market Profile
n
Summary
19. Futures and Options
n
Stocks
n
Futures
n
Options
n
Summary
20. Spiky Action
n
Trading Trend
n
Types of Spike
n
Summary
21. An Options Strategy
n
The Options
Strategy — Principle
n
The Options
Strategy — Operation
n
Options — The
Hedging Strategy
n
Summary
22. A Number of Futures Strategies
n Gap Opens — Code Word: Goose
n Failed Breakthroughs — Code Word: Goat
n Failed Re-tests — Code Word: Snake
n Square Congestion — Code Word: Box
n Key Levels — Code Word: Piano
n Elliott Fives — Code Word: Illusion
n Aborted Patterns — Code Word: Platypus
n Trend Following — Code Word: Horse
n Corrective Action
n Other Systemized Approaches
n Summary
23. Systems
n
Stops
n
One Secret to
Success
n
A Few
Additional Comments
n
My Own Trading
n
My Trading
Rules
n
Risk Warning /
Disclaimer
n
It Doesn’t
End Here
n
Summary
24. Trading Systems and When to Use Them
n
Trading Systems
n
How to Make a
Fortune Trading Futures
n
Summary
25. Market Myths
n
Indicators and
Market Techniques
n
News
n
Zero Sum?
Don’t You Believe It!
n
Systems
n
Summary
26. The 10-Step Approach to Futures and Options Trading
n
Step 1: Where
Am I Now?
n
Step 2: Where
Do I Want to Go?
n
Step 3:
Survival (1)
n
Step 4:
Survival (2)
n
Step 5:
Methodologies
n
Step 6: Theory
n
Step 7:
Practice
n
Step 8: Fear
n
Step 9: Running
Profits
n
Step 10:
Expertise
n
The Consultancy
Service
n
Summary
section
3
A
CHART TUTORIAL
27. Low Risk Trading Opportunities on US and UK Markets
section
4
AN
OPTIONS TRADING CAMPAIGN
28. A War of Attrition
Epilogue
n
Markets
n
Economic Black
Holes
n
LTCM
n
Conclusion
Appendices
n
Appendix 1:
Follow-up Services
n
Appendix 2: The
Troubled Trader
n
Appendix 3:
Recommended Reading
n
Appendix 4:
Trading and Psychology Questionnaire
n
Appendix 5: Is
Elliott Addictive?
The Fortune Strategy
n
First Extract
— Milestones
n
Second Extract
— A Question of Balance: The Key Factors
Determining Overall Success in the Markets
n
Markets Today
n
The P / E Ratio
on the S&P
n
Structural
Problems
n
Conclusion
Index