Preface
List of Abbreviations
Introduction: Debut of a Novice Trader on D-Street
Facing Facts
Our Arsenal
Expectations and Evolution of an Intraday Trader
The Three Stages of a Trader�s Journey
Chapter 1. Mastering Market Basics and Moving Averages
Introduction
Market Basics
The Two Kinds of Markets
Market Participants and Their Behaviour
The Two Market Phases
Economy, Business Cycle and Sector Rotation
Moving Averages (MAs)
Types of Moving Averages
Characteristics of Moving Averages
Milestones Covered
Chapter 2. Understanding Candles
Introduction
The Anatomy of Candles
Important Factors in Interpreting Candles
3 Types of Candles � and What They Reveal about the Market�s Mind
Under-sized / Lilliput / XXS-Sized Candles
Super-sized / Giant / XXL-Sized Candles
Reversal or Rejection Candles
Key Points for Accurate Candle Reading
Milestones Covered
Chapter 3. Trading With Candles
How to Trade Lilliput (XXS-Sized) Candles
What Giant (XXL) Candles Reveal � and
How to Trade Them
How to Trade Rejection Candles
Milestones Covered
Chapter 4. Trading Pivots � Part I: Floor Pivots
Introduction
The Fair Valuation Concept
How to Trade the Market�s Opening Ceremony
The Basics of Pivots
Floor Pivots
Interpretation of Pivots
Role Reversals of Pivots
Analysing Market Opening Using Pivots
Chapter 5. Trading Pivots � Part II: The Central Pivot Range
The Central Pivot Range
Trend Analysis with CPR
Assessing the Day Ahead
Advantages of Pivots
Multi Time Frame Analysis with Pivots
A Practical Caveat
Milestones Covered
Chapter 6. Trading Trending Markets � Part I: Trade Entry Tactics and Stop Losses
Introduction
How to Select Stocks to Trade Using Different Time Frame Charts
Trade Setup
Four Entry Tactics for a Trending Market
The Initial Stop Loss
The Trailing Stop Loss
When to Trail a Stop Loss
Three Methods of Trailing a Stop Loss
Chapter 7. Trend Trading Tactics � Part II: Managing Ongoing Trades, Counter Trend Trading and Trading Gaps
Introduction
Trade Management
Counter Trend Trading
Trading Gaps
Pyramiding � Position Building with Multiple Contracts
Milestones Covered
Chapter 8. Trading Ranged Markets: Ways of Swinging Sideways
Introduction
Two Ways to Trade the Markets
Important Parameters for Trading Sideways Markets
Characteristics of Sideways Markets
What a Trader Must Pay Attention To
Important Points to Remember about Trading Ranged Markets
Conclusion
Chapter 9. Trading Big News Events: The Catalyst by Your Side
How to Trade Stocks That Are in the News
News Based Trading in Context
Spill-Over Impact of News on Related Stocks
How to Read the Market�s Reaction to a News Event
How to Get the Best Out of Business TV
Milestones Covered
Chapter 10. How to Profit from Traps
What is a Trap?
Trap Trading Technique 1: Ranging Markets
Trap Trading Technique 2: Correction Ends and the Trend Resumes
Trap Trading Technique 3: Trend Ends, Correction Begins
Is it Wise to Buy after a Significant Decline?
Milestones Covered
Chapter 11. The Trading Power of Confluence
What is a Stock Market Confluence?
Parameters to be Considered while Studying Confluence
Stocks of the Same Sector Moving Together
Chapter 12. Money Management
Introduction
What is Money Management
Stop Loss Revisited
Total Risk or Drawdown Value
Position Size
Drawdowns Can Really Draw You Down
Risk Management Mistakes Traders Often Make
Your Exit Strategy Is Also a Part of Money Management
When Can You Increase Your Position Size
Hit Ratio and Risk-Reward Ratio
Diversification as Risk Management
How Often Should You Measure Your Performance?
Are You Overtrading?
Till You Book Profits, Everything is Notional
Chapter 13. Mastering Your Mind: Winning Techniques Beyond the Technicals
Stop Fantasizing, Accept Facts
Mental Hygiene
Focus on What Matters
Ditch that Itch for Constant Action
Focus on Self, and Not on the Opponent
Seek Within
Unlearn Before You Learn
Time is Not the Solution to Every Problem
Another Lesson to Unlearn
The Seductive Market Can Disrupt Your Tapasyaa (Focus)
What You Seek Will Seek You
Visualisation Technique
Take Time Off
Calm-a-Sutra is the Key
Developing the Killer Instinct
Victory over Mind before Victory over Markets
Conclusion
Chapter 14. The Discipline of a Day Trader
Short Term F&O Trading is Only for Full-timers
The Daily Preparation of a Trader
Daily Trade Plan
Post Market Analysis
Use Technical Analysis for What It Is
Capital is Necessary but That Alone is Not Sufficient
Developing a "Gut Feel" for the Markets
Goals Must be Stepped
Hardware, Software, Costs, Commissions and Record Keeping
Don't Try to Drink the Entire Ocean
Overcome the Need to be Always Right
Conquer Your Ignorance
Conclusion
Bibliography