An excellent book for new traders, 30 Days to Market Mastery outlines an easy-to-understand and easy-to-implement approach to learning how to trade. This book covers the fundamentals of how to structure trades in a disciplined fashion, so as to avoid vague decisions and acting on unclear trading signals. It also provides a number of strategies for entering and exiting the market in a way that maximizes the chances of making money and minimizes the potential for losing money. With this book as their guide, readers will learn the proper organizational, analytical, and behavioral skills that are vital to consistent success in trading. In 30 Days to Market Mastery each trading day contains a single lesson, and each lesson contains a quiz to help the reader master the material.
Table of Contents
Preface ix
Acknowledgments xi
Introduction xiii
The Structure of a Trade 1
Setup, Trigger, and Follow-through: The Basics 9
Seasonality and High-Odds Seasonal Setups 21
The Seasonal Trigger 31
Follow-through 41
Trading the Power Momentum Formula (PMF) 51
Power Momentum Formula (PMF) Trigger 61
PMF Follow-through: Part I 69
PMF Follow-through: Part II 77
Using the Moving Average Channel: Part I 85
Using the Moving Average Channel: Part II 91
Three Powerful Price Patterns: Part I 99
Three Powerful Price Patterns: Part II 109
Three Powerful Price Patterns: Part III 117
The Eight-Bar Open/Close Pattern and How to Use It 125
Understanding and Using the Commitment of Traders Report: Part I 133
Commitment of Traders Report Part II: Triggers 141
The Advanced 30-Minute Breakout for S&P and E-mini Trading 151
How to Structure Your Trading Portfolio for Maximum and Consistent Gains 159
Diversification 167
Putting It All Together 173
ThePsychology and Discipline of Trading 177
Index 195