Ordinary People, Extraordinary Profits

David Nassar delivers a complete and proven system for aggressively
and successfully trading in today's markets in Ordinary People,
Extraordinary Profits. He explains the fundamentals of
technical analysis and risk management, giving you a solid
foundation to approach the market, and then describes a variety of
trading strategies that will help you make consistently large
profits without undue risk. Unlike other trading advisors who
advocate a single approach to trading, Nassar provides a variety of
strategies you can choose. In addition, he explains how to use new
trading instruments such as E-Mini contracts, options, and
exchange-traded funds. If you're looking for a complete, proven
system for aggressively trading the stock market, this book is an
ideal guide.

Autorentext
David S. Nassar is founder and CEO of MarketWise.com, LLC, and a pioneer in electronic trading. He has been seen on CNBC, NBC Nightly News, and CNN, and interviewed in numerous national publications, including the Wall Street Journal, BusinessWeek, and Forbes. Nassar is also a New York Times bestselling author.

Zusammenfassung
David Nassar delivers a complete and proven system for aggressively and successfully trading in today's markets in Ordinary People, Extraordinary Profits. He explains the fundamentals of technical analysis and risk management, giving you a solid foundation to approach the market, and then describes a variety of trading strategies that will help you make consistently large profits without undue risk. Unlike other trading advisors who advocate a single approach to trading, Nassar provides a variety of strategies you can choose. In addition, he explains how to use new trading instruments such as E-Mini contracts, options, and exchange-traded funds. If you're looking for a complete, proven system for aggressively trading the stock market, this book is an ideal guide.

Inhalt
Preface. Acknowledgments.

INTRODUCTION.

Trade the Professional Way.

Ride the Statistical Edge . . . Like Betting Seven in Craps.

Master the Inner Game.

CHAPTER 1 Foundational Analysis.

Charts.

Two Types of Analysis.

What Exactly Is Technical Analysis?

The Four-Stage Theory.

Stage 1: Accumulation.

Stage 2: Markup.

Stage 3: Distribution.

Stage 4: Decline.

Support and Resistance.

Definitions of Support and Resistance.

Once Broken, Support Tends to Act as Resistance.

Once Broken, Resistance Tends to Act as Support.

The More Often Support or Resistance Is Tested, the More Likely That Level Is to Fail to Hold Back Price Movement.

The Longer the Trend Has Been Neutral (Consolidating), the More Significant the Eventual Breakout Becomes.

Trends.

Trading Volume.

Moving Averages.

CHAPTER 2 Risk Management.

DisciplineThe Key to Trading Success.

Discipline Perspectives.

Avoid Trading with Scared Money.

Terra Nova Trade Evaluator.

Your Goal: To Trade without Emotion.

Plan Your Trade and Trade Your Plan with Risk-Reward Ratios.

Setting StopsOverview.

Overall Protective Stop Guidelines.

Protective Stops and Trading Time Frames.

Percentage of Price Stops.

Time Stops.

Avoid This Mistake.

RealTick® Can Help.

Risk Management and Trading with the News.

Risk Management and Share Size.

Summary.

CHAPTER 3 Basic Chart Formations.

Time Frames.

Weekly Charts.

Daily Charts.

Intraday Charts.

Sixty-Minute Charts.

Ten-Minute Charts.

Interpreting Chart Patterns.

Reversal Patterns.

Head and Shoulders Chart Formation.

Long Base and Saucer Formations.

Saucer Bottoms and Tops.

Cup and Handle Formation.

Bull and Bear Traps.

Continuation Patterns.

Rectangle (Box).

Flags and Pennants.

Triangles.

Summary.

CHAPTER 4 Going Short.

Finding Shorting Opportunities.

Price/Earnings Ratio Imbalance.

Gap Openings.

The Loaded Spring.

Day-Trading Tape Resistance.

The Short Squeeze (Be Cautious).

Margin Accounts.

The Federal Reserve Board's Regulation T.

Opening a Margin Account.

Calculating Initial Requirements.

Excess Equity.

Calculating Maintenance Requirements.

Minimum Maintenance Requirements.

Change in Market Value.

Short Sales and Margin Requirements.

NASD/NYSE Minimum Deposit on Short Sales.

Margin Maintenance Calls on Short Sales.

Shorting-against-the-Box.

Summary.

CHAPTER 5 Other Trading Vehicles.

What Is an E-Mini S&P 500 Contract?

E-Mini Symbols.

Initial and Maintenance Margin Requirements.

Treatment of Settlement.

The E-Mini Contract versus the Pit-Traded Contract.

Price and Percentage Limits.

Single-Source Liquidity.

E-Mini Standard & Poor's 500 as a Hedge.

Tax Advantages with the E-Mini.

The E-Mini Nasdaq 100.

Chicago Board of Trade Mini-Dow Futures Use $5 Multiplier.

Who Regulates Futures Trading?

Program Trading and Fair Value.

Predicting the Opening.

How to Calculate Fair Value.

What about Exchange-Traded Funds?

The QQQQs.

E-Mini Is Hard to Beat.

Put and Call Options.

A Brief History.

Puts and Calls and Standardized Options.

Shares per Option.

Pricing.

Symbology. Settlement.</...