The Trading Game

trading education

Of all the trading courses I have done in the last few years, this one is different. This course is run by Louise Bedford and Chris Tate, well known and respected traders in Australia. Both Louise and Chris have written several books on Trading. Louise and Chris run a trading mentoring at The Trading Game. They only accept one intake of mentorees every year and run a 24 week course over just over 6 months. It is a very intensive course that mentorees can repeat every year at no additional cost. I had already completed a couple of trading courses



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Fortune’s Formula

risk of ruin

Click cover for Amazon Click link below for The Book Depository Book Depository Link     Click cover for Amazon Click link below for The Book Depository Book Depository Link     These books talk a lot about probability theory and history. Beat the dealer is about Edward Thorp who developed a system to beat the casinos in Las Vegas playing blackjack. I got bored with it pretty quickly. I might return to it again some time. The casinos actually changed their rules as a result of this book. We can’t have the mug punters having an edge over the



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Chris Tate Books

trading education

Click Cover for Amazon Click link below for The Art of Trading at The Book Depository Book Depository Link     Chris Tate is Louise Bedford’s business partner at The Trading Game. I read this book when I enrolled in the Mentor Program in 2016. This book focuses on Money Management, Psychology of Trading, Risk, Technical Analysis, Preparing a trading plan. Chris has an almost daily blog on The Trading Game website. Chris is big on developing your own trading system that resonates with you and looking at the charts for yourself. Successful traders take the first signal their system



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Position Sizing

stop this with good money management

Please also see the discussion on Stops This is one of the areas that almost killed my trading account. In addition to trading without a stop loss, I was trading position sizes that were far too big for my account. This was great if a trade was moving in my direction but if you add in leverage, the losses were magnified as well and I could easily have been wiped out. No one ever told me how to determine how much I should buy – certainly I was never told anything other than this kind of consideration “make sure you



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Louise Bedford Books

trading results in great profits if you have a plan

To buy click on cover. Click link below for Trading Secrets at The Book Depository Book Depository Link     When I had been trading for around 6 months, I was starting to become frustrated because both companies I had purchased trading education from were throwing me fish rather than teaching me to fish for myself. I started my trading doing covered calls which work quite well for producing income every month but they really only work well in a market that is going up in value. I found myself holding shares that had reduced significantly in value that I



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