The Trading Diary: How real trading works in practice - Softcover

Vittner, Thomas

Softcover

ISBN 10: 1500430390 ISBN 13: 9781500430399

Publisher: CreateSpace Independent Publishing Platform, 2014

Synopsis

Many traders would like to have the opportunity of looking over the shoulders of the professionals as they trade. Now, for the first time, Thomas Vittner, in his trading manual, offers you the possibility of being there »live« during his trading sessions. To this end, he painstakingly recorded his day-to-day trading over the course of a number of weeks. How does this top trader prepare himself for the current trading day? How does he react to quarterly results and to important decisions, such as those of the central banks? With reference to his trades, Vittner demonstrates the role of classic trading instruments such as stops, ratios and indicators and compares different strategies objectively on the basis of their results. Not only does the author enable you to take a look through the keyhole but he also provides practical tips, explains the theory behind his transactions and shows what and how you, as a trader, can learn from failures. Furthermore, you'll learn whether or not a good strategy really does work in all markets or which ratios traders pay attention to. Moreover, it's just as important for you to know about how position sizing or stock selection affect a trading system, the significance of the compounding effect, or how brokerage fees that are too high can lead a trader to ruin. Together with Thomas Vittner, learn how the markets work. In this way, you'll see your trading from a completely new point of view, in future. The motto is knowledge instead of belief because those who know nothing have to believe everything. Experience close up and at first hand what stock market trading is really about. A book that truly shows trading in practice.

About this title

About the Author

Thomas Vittner worked for nearly 20 years in executive positions in international insurance firms and consultancies. He lives with his wife in Vienna/Austria/Europe and is the author of several german best-selling books about the stock market. (“Das Trader Coaching“, “Die Trading Akademie“, “Börsenerfolg beginnt im Kopf“). Since 2002 he’s been trading successfully on the global stock markets. Nevertheless, he still has regular contact with the grassroots level and holds seminars for private traders. Thomas Vittner also works as a coach for traders and is a most welcome keynote speaker at renowned international events such as “Invest“ or “World of Trading“. Furthermore, he has taken up a lectureship in the stock trading section of the Danube University Krems (Austria). In 2013 Thomas Vittner founded "Vittner & Partner" - a ‘competence center’ for the design and development of Asset-Management Solutions. www.vittnerpartner.com/en Thomas Vittner is the mastermind and a source for ideas on trading systems. Together with a team of specialist developers, these strategies are transferred into quantitative trading models.

Edition details

• Publisher: CreateSpace Independent Publishing Platform
• Publication date: 2014
• ISBN 10: 1500430390
• ISBN 13: 9781500430399
• Binding: Paperback
• Language: English
• Number of pages: 336