Trading 101: How to Trade Like a Pro

About this book

"I vowed to one day write a book so that other novices would nothave to go through the same grueling process to learn abouttrading."--Sunny Harris With a surge in the number of people trying their hand at tradingtoday--baby boomers retirees individual investors--its moreimportant than ever to develop a solid working knowledge of therudiments of this potentially profitable practice. Trading 101 is aclearly written concise and thorough introduction to thebasics. The author renowned for her successful Trading 101 seminars creates an indispensable reference covering everything fromcharting techniques and trading vehicles to technical analysis andcurrent market buzzwords. With easy-to-read charts and graphssupplementing the text this is an invaluable resource for completeinformation on: The whats and the how-tos: What is a put? What is a call? How doI place a trade? How do I select a broker? Fundamental analysis and its economic indicators -- leadingindicators real GDP interest rates productivity Developing your own trading system--design costs backtestingthe system and evaluating your performance Obtaining fundamental data--bulletin board services commercialdata vendors the Internet chart services Setting up your trading as a business -- developing a businessplan legal and tax questions back office services Discipline--sticking to your system finding coaches that canhelp you stay motivated keeping a diary Trading 101 also provides details on which newsletters offerdependable investment advice how to choose the best discountbrokerage and which of todays computers and financial softwarepackages are the best for planning and evaluating trades. Complete with glossary bibliography and listings of networkingand educational meetings on the Internet as well as beginnerseminars and conferences software vendors and recommended books this comprehensive easy-to-use guide is the one to have in handbefore entering the unpredictable and competitive world oftrading. Praise for Trading 101 "Trading 101 should be required reading for every new orprospective futures trader. It provides more solid information andall-around knowledge than any other book Ive ever seen on thesubject. It receives my unqualified endorsement and takes top placeon my list of recommended titles for futures traders."--EdwardDobson President Traders Press Inc. "Trading 101 is a great idea. There was nothing like this when Istarted out. The novice trader now has a place to start the search.Oh the time it would have saved me!"--John Bollinger CFA CMT President Bollinger Capital Management Editor The Capital GrowthLetter "Sunny has done a great job in bringing a highly complex anddiverse topic to the level of human understanding--must reading forevery new trader."--Jake Bernstein author The Investors Quotient Second Edition