I suggest you read this book slowly and thoroughly from the
beginning regardless of how mundane some things may seem as
the way I use the indicators and tools is totally different to what
some other traders would expect.
There are thousands of indicators and trading methods that are in
use around the world today all having their own merits and
problems but rather than produce
book full of different
indicators that will overload your brain and confuse you to the
point of tearing your hair out I shall be using just a couple that are
easy to understand and implement as well as being available in
almost every charting package and free from some brokers.
At the beginning of this book I will be going through a couple of
simple tools and indicators that we will be using that I personally
use to determine when the best and most advantageous place
would be to enter a trade and place exit positions. Once you have
understood this first part the rest should be a breeze and over
time should become second nature.
Regardless of how simple the methods I show you are, nothing in
life is perfect, so it is important to remember that you will never
be able to win every trade and therefore you will make a few
losses on the way, although these should be limited by trading
stops that we place with every trade.