Alexander Elder Books

Mark Douglas Trading in the Zone

  Click on cover for Amazon This book does not seem to be available at The Book Depository.       Click on cover for Amazon Click link below for The Book Depository Book Depository Link   Click on cover for Amazon Click link below for The Book Depository Book Depository Link   Alexander Elder covers topics including traders psychology, market psychology, computerised systems for technical analysis, trading systems and risk management. Dr Elder also runs a web site here. He introduces some trading systems which can make a good starting point for a trader. He also has some codes



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Charting Software

optuma

While there are many free charting software packages you can use online, if you are serious about trading the markets you will need good software and a data subscription. I have used two different charting packages. My personal preference is Optuma, previously known as Market Analyst. Optuma has an odd selling model these days unfortunately. On their website, if you scroll down to the bottom, you can find 4 available options all for a monthly fee. The fee ranges between $199 per month (for end-of-day data) to $399 per month if you want connection to a Bloomberg terminal and real-time



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Covered Calls

Covered Call

My first introduction into trading was by way of covered calls. Covered calls are an income strategy and typically promise a 2% or so return per month. This strategy involves buying a share (or even a CFD) and selling a call against it. Variations of this strategy include buying an option ITM and selling an option OTM at a higher strike both with the same expiry. Covered calls CAN work quite well in a market that is rising or going sideways but can present problems if a market is declining. In addition to buying stock and selling a call, some



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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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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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