{"product_id":"the-art-of-trading-isbn-9781876627638","title":"The Art of Trading","description":"A comprehensive private trader? guide to the Australian markets. This is the second edition of the hugely successful Art of Trading, by high-profile private trader and author Chris Tate. The first edition sold 20,000 copies.  Fully revised and updated, this second edition includes information on charting and technical analysis, money management and risk management. \u003cp\u003ePreface v\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I Psychology\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1. The Psychology of Trading 3\u003c\/p\u003e \u003cp\u003e2. Creating the Mindset of a Profitable Trader 17\u003c\/p\u003e \u003cp\u003e3. Changing Your Psychology 27\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II Money Management\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e4. Risk 37\u003c\/p\u003e \u003cp\u003e5. Position Sizing Explored 57\u003c\/p\u003e \u003cp\u003e6. Stop Losses 73\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III Charting\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e7. Tools of the Trade 83\u003c\/p\u003e \u003cp\u003e8. Gaps 89\u003c\/p\u003e \u003cp\u003e9. Triangles 95\u003c\/p\u003e \u003cp\u003e10. Tops and Bottoms 107 \u003c\/p\u003e \u003cp\u003e11. Trends 115\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV Indicators\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e12. Moving Averages 135\u003c\/p\u003e \u003cp\u003e13. Moving Average Convergence Divergence (MACD) 147 \u003c\/p\u003e \u003cp\u003e14. Linear Regression and the Advance\/Decline Line 153\u003c\/p\u003e \u003cp\u003e15. Volume 159\u003c\/p\u003e \u003cp\u003e16. Sentiment-Based Oscillators 169\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart V Getting Started\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e17. The Trader’s Business Plan 189 \u003c\/p\u003e \u003cp\u003e18. The Trading Decision 199\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCandlestick Interpretation (by Louise Bedford) 205\u003c\/p\u003e \u003cp\u003eGlossary 213\u003c\/p\u003e \u003cp\u003eIndex 225\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHRIS TATE\u003c\/b\u003e has been a private trader for the past 16 years. He presents seminars on the subject and writes regularly for the financial press. He is the author of UNDERSTANDING OPTIONS TRADING IN AUSTRALIA, UNDERSTANDING FUTURES TRADING IN AUSTRALIA and TAMING THE BEAR.\u003c\/p\u003e \u003cp\u003eThis second edition includes an appendix written by Louise Bedford on candlestick charts, which Chris uses throughout the book.   \u003c\/p\u003e\u003cp\u003e“\u003ci\u003eAs Australia’s leading authority on money management, Chris’s concepts will stretch your mind and improve your profitability. This book is an invaluable guide for Australian investors and traders\u003c\/i\u003e.”\u003cbr\u003e \u003cb\u003eLOUISE BEDFORD, AUTHOR OF \u003ci\u003eTHE SECRET OF CANDLESTICK CHARTING\u003c\/i\u003e AND \u003ci\u003eTHE SECRET OF WRITING OPTIONS\u003c\/i\u003e\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eWith 20,000 copies sold THE ART OF TRADING is firmly established as one of the leading books on trading the financial markets published in Australia. Although Chris Tate’s philosophy of trading is timeless, there have been changes in the marketplace and in the technology used to monitor and trade the markets since the book was first published. This fully revised and updated 2nd Edition takes all these changes into account. \u003c\/p\u003e\u003cp\u003eAt one time investors bought shares for the long term. Now more and more are buying and selling on a regular basis and an increasing number are trading full-time. What sort of job is private trading? It could be described as a craft. There is definitely a high level of skill involved, and — like all skills — the skill of trading may be practised, refined and mastered. Trading also requires a certain way of thinking and much has been written about the psychology of trading. However, above all Chris Tate believes that trading is an art — a combination of skill, talent, imagination, discipline and, possibly, innate ability. \u003c\/p\u003e\u003cp\u003eOne reason for the enormous success of Chris Tate as a trader, speaker and writer on the subject is that he does not follow the crowd. He opens the book with discussion on the psychology of trading and risk and money management, which is not what you might traditionally expect. The explanation of chart patterns and indicators comes towards the end. Always positive, he describes losses as “part of the apprenticeship” because wise traders will always learn from their mistakes.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990162718949,"sku":"NP9781876627638","price":49.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781876627638.jpg?v=1761786743","url":"https:\/\/k12savings.com\/products\/the-art-of-trading-isbn-9781876627638","provider":"K12savings","version":"1.0","type":"link"}