Preface

Acknowledgements

A Word of Caution

Introduction

SECTION-I
~
Trading Basics

Chapter 1. Day Trading

- What is Day Trading?
- Why Day Trade?
- Why Day Traders Lose Money

Chapter 2. Nifty Futures

- Origins of Futures
- What is Margin?
- Who Trades Futures?
- Basics of Nifty Futures
- Why Trade Nifty Futures?

Chapter 3. Chart Types

- Line Chart
- Bar Chart
- Candlestick Chart
- Point and Figure Charts

Chapter 4. Entries and Exits

- Types of Entry Orders
- Selecting Suitable Entry Orders
- Strategies Used in Exit
- Selecting a Suitable Exit Strategy

Chapter 5. Market Structure

- Technical Indicators
- Taylor Trading
- Elliott Waves
- Gann Angles
- How Can We Effectively Trade the Market�s Next Move?

Chapter 6. Price Patterns

- Short-term Price Patterns
- Why No Volume?

SECTION-2
~
Price Patterns on Nifty

Chapter 7. Moves from Open and Close

- Data Sample
- Open-to-Close Observations

Chapter 8. Multiple Day Action from Open and Close

- How to Read the Tables
- Close-to-Close Patterns
- Open-to-Close Patterns
- Application

Chapter 9. Day of the Week

- Application

Chapter 10. New High and New Low

- 20-Day High / Low Patterns
- Application

Chapter 11. Gaps and Laps

- Definitions
- Gap Patterns
- Application

Chapter 12. Range Expansion and Contraction

- Contraction / Expansion
- NR / WS Patterns
- NR Open-to-Close Pattern
- WS Open-to-Close Pattern
- Application

Chapter 13. NR4, NR7 & WS4, WS7 Days

- Definitions
- Close-to-Close Observations
- Open-to-Close Observations
- Application

Chapter 14. Opening Range Breakout

- Some Concepts
- High / Low ORB
- Stretch ORB
- Range ORB
- Pivot Point Based ORB
- Conclusion

Chapter 15. Inside Day

- Definitions
- ID Patterns
- ID and High / Low as Entry Reference
- Application

Chapter 16. Doji

- Definition
- Application

Chapter 17. Pivot Points

- Calculation of Pivot Points
- Pivot Point Distributions
- Application

Chapter 18. Tri- and Penta-Section

- Observing Tri-section
- Penta-Section
- Application

Chapter 19. Hook Days

- Definitions
- Hook Observations

SECTION-3
~
Money and Risk Management

Chapter 20. Pyramids and Day Dreams

- How Long Does it Take to Make Rs. 10 Crore?
- Are We Being Realistic?

Chapter 21. The Risk of Ruin

- Consecutive Losers
- Some Calculations
- Our Example
- Conclusion

Chapter 22. Drawdown: A Trader�s Best Friend

- Drawdown
- 24 Wild Swings
- You Win a Few, You Lose Many

Chapter 23. Performance Summary

- Backtesting
- Some Other Considerations
- Theory into Reality

Chapter 24. Trading Rules

- Rule # 1: Trading is a Business
- Rule # 2: Have a Trading Plan
- Rule # 3: Be Patient
- Rule # 4: Remain Consistent
- Rule # 5: Let Winners Run, Not the Losers
- Rule # 6: Never Average Down and Never Lie about Your Losses
- Rule # 7: Follow the Pattern, Not the Price
- Rule # 8: Use Stop Loss
- Rule # 9: Don�t Be Obsessed by Minute-by-Minute Market Movements
- Rule # 10: Avoid Over-Reliance on Market Gurus
- Rule # 11: Maintain a Trading Log
- Rule # 12: Don�t Think �This Market Stuff� is Easy
- And the Rule # 13: Live by the Rules

SECTION-4
~
High Profit Trading Secrets

Chapter 25. Minute and Mega Market Clock

- Weekly
- Intraday Characteristics
- Monthly Characteristics
- Yearly

Chapter 26. Greed is Good

- Buy and Hold Strategy
- Compounding
- Perfect Prediction

Chapter 27. Pivot Point Trading Secrets

- Pattern 1: Manic Monday
- Pattern 2: Momentum-Aided Manic Monday
- Pattern 3: Buy When There is a Blood on the Street
- Pattern 4: Buy When There is a Blood on the Street (Tuesday)
- Pattern 5: Buy When There is a Blood on the Street (Tuesday � Modified)
- Pattern 6: Buying �Monday�
- Pattern 7: Buying �Thursday�
- Pattern 8: Buying �Thursday� � Modified
- Pattern 9: �Dip Buyer�s Advantage� Monday
- Pivot Patterns Combined

Chapter 28. Gap Trading Secrets

- Pattern 1:Turtle Short
- Pattern 2: Turtle Short on a Gap Up
- Pattern 3: Three Steps and a Stumble
- Pattern 4: Two Tumbles and a Jump
- Pattern 5: Three Tumbles and a Jump
- Pattern 6: Modified Three Tumbles and a Jump
- Pattern 7: Two Tumbles, and Another Tumble
- Pattern 8: Outside Day
- Pattern 9: Inside Day
- Pattern 10: Short Bias Doji
- Pattern 11: Buying Mondays and Fridays
- Pattern 12: Buying Mondays and Fridays � Modification 1
- Pattern 13: Buying Mondays and Fridays � Modification 2
- Gap Patterns Combined

Chapter 29. Walk Forward

- Pivot Points Combined
- Gap Trading Patterns Combined

Chapter 30. Sayonara

- The Next Step
- You Need This, Too

Afterword: Listening to Amartya Sen

Glossary

References

Index