Recently, we have finished our Ditto’s Complete Guide to Forex Trading, aka Trading For Dummies Guide. So here it is a summarised table of content, for you with all the topics covered in this comprehensive guide.

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1.- Everything you Need to Know Before You Start Trading

On this chapter, we talk about:

    • Market price and market orders
    • Ask/Bid/Last prices
    • Limit Orders
    • Candlesticks
    • Line Charts
    • OHLC Charts
    • Time Frames
    • Trendlines
    • Support and Resistance

2.- Technical Analysis and Main Indicators Overview

On this chapter we discuss:

    • What is Technical Analysis
    • Indicators and Oscillator
    • Lagging Indicators:
      • Moving Averages
      • Bollinger Bands
    • Leading Indicators
      • Parabolic Stop and Reverse (PSAR)
      • Average True Range (ATR)
    • Oscillators
      • Moving Average Convergence/Divergence (MACD)
      • Relative Strength Index (RSI)
      • Commodity Channel Index (CCI)
      • Volume

3.- The Ultimate Guide For Novice Traders To Get Started With Leverage Trading

On this chapter, we develop a concise guide to operate using leverage while controlling the risk

    • What is Leverage
      • Examples of leverage
    • How much leverage is allowed
    • How does leverage trading work
    • What is a margin call
    • Leverage trading strategies
      • Scaling in and out
      • buying and selling simultaneously
    • Rules to succeed in Leverage trading

4.- Be Psychological Trader

Using psychology to be a successful trader.

    • Psychology
    • Importance of Psychology in trading
    • Rules of Emotion in trading
    • Finding solutions within the problems
    • Trading is a psychological game
      • Behavioural consistency, not technical knowledge is the key
      • Trade small while you’re hurt psychologically
    • Understanding and overcoming fear
    • Surpassing greed in trading
    • Plans and reactions
    • Trader’s response
    • The power of being inquisitive
    • No pain No premium
    • The art of overcoming perceptual rigidity
    • Discipline is key
      • Abide by the rules
    • Maintaining Journal
    • Music and moods
    • Mindfulness makes it easier
    • Motivation and Daily routines

5.- Risk Management I – Basic Concepts

This is the first part of the guide to managing risk. Here you will learn

    • What is Money Management
    • Why is Money Management important
    • Steps in the Money Management process
      • Ranking the best possible trades
      • Deciding on the part of the capital at risk
      • Distributing the capital at risk among all trades
      • Assessing the level of loss for each opportunity
    • Stop-loos and trailing stop-loss
    • Position size calculator
      • Examples of position size calculation

6.- Risk Management II – How To Be a Holistic Trader

This is the second part of managing risk. Here we will discuss more advanced topics.

    • Controlling overall risk exposure
    • Allocating risk capital
    • consequences of trading unbalanced risk
      • Over-trading
      • under-trading
    • Assessing the magnitude of loss
    • The Risk to Reward Ratio
    • The importance of defining risk
    • The importance of estimating the reward
      • Plan your exit
    • Maintaining discipline

7.- Complete Strategic guide to Trend Pullbacks

This is the culmination of this guide. Once you’ve acquired all the previous knowledge, we supply you with a complete trading strategy.

We have chosen a Trend pullback strategy because it is the most adequate for a novice trader, since pullbacks, by definition, are just reactions to the main price movement. The trades on this strategy will be aligned with the primary trend, creating high probability opportunities.

    • Definition
    • The working of a trend pullback
    • Time frames required to trade a trend pullback
    • Analysing a trend pullback
    • When can we conclude that the uptrend has come to an end?
    • When can we conclude that the downtrend has come to an end?
    • Tools required
      • Volume
      • Volume + Candlesticks
    • How to read Momentum (downtrend)
    • How to read Momentum (uptrend)
    • Momentum + Volume Analysis
    • Stop-loss  and take profit Placement
    • Risk management
      • Position size
      • Risk-Reward
    • When will this strategy work
    • What might go wrong even is everything looks good
      • Economic events
      • Panic activation

 

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