Table of Contents
1 Cover
5 Foreword
6 Prologue: You Deserve to Win and Be Rich SIMPLE BUT NOT EASY TWO TYPES OF MONEY YOUR BIGGEST OBSTACLE ACTIVATING YOUR SMART MONEY SUPERHERO THE FOCUS IS ON WALL STREET
10 CHAPTER 1: How to Think Like the Top 1% ENTREPRENEURIAL SPIRIT AN INVESTOR IS BORN MARKET TUITION THE ALLURE OF SPECULATION TAKING CONTROL
11 CHAPTER 2: Why You Aren't Beating the Market HOW I ACCIDENTLY STUMBLED ON MY SECRET WEAPON: PSYCHOLOGY PAPER TRADING BEATING THE MARKET ONE IDEA, PROPERLY EXECUTED PAIN AND PLEASURE PSYCHOLOGY OF SUCCESS SMART MONEY VERSUS DUMB MONEY THE INDESCRIBABLE QUALITY OF HUMAN NATURE
12 CHAPTER 3: The One Question You Need to Ask Before Getting Started ARE YOU AN INVESTOR OR A TRADER? WHAT IS “THE MARKET”? MARKET LEXICON THE (GREAT) AMERICAN TAILWIND MAKE THE TREND YOUR FRIEND INVESTING VERSUS TRADING TYPES OF INVESTORS SPECULATORS PROFITS ARE A FUNCTION OF TIME OPERATIONAL TIME FRAMES PICK YOUR TIME FRAME: SHORT, INTERMEDIATE, OR LONG TERM FUNDAMENTAL AND TECHNICAL ANALYSIS THE ANATOMY OF A TRADER
13 CHAPTER 4: How to Use Fundamental Analysis Like a Pro FUNDAMENTAL ANALYSIS 101 VALUE VERSUS PRICE FUNDAMENTAL INDICATORS OF VALUE THE TROUBLE WITH FUNDAMENTAL INDICATORS CONFUSING NUMBERS AND CREATIVE ACCOUNTING STRONG FUNDAMENTALS? SO WHAT? THE MARKET IS A FORWARD‐LOOKING APPARATUS THE VALUE INVESTOR'S LONG‐TERM BET ANOTHER WAY OF DEFINING PRICE
14 CHAPTER 5: How to Use Technical Analysis Like a Pro WHAT IS TECHNICAL ANALYSIS? NAVIGATING THE AMERICAN TAILWIND BRIEF HISTORY OF TECHNICAL ANALYSIS DISCRETIONARY VERSUS SYSTEMATIC TRADING READING CHARTS FINDING PATTERNS IN STOCK CHARTS STAGE ANALYSIS: FOUR STAGES TRENDLINES—CONNECTING DOTS MOVING AVERAGES—SMOOTHING OUT PRICE ACTION FAST‐ AND SLOW‐MOVING AVERAGES SLOPE VOLUME TIGHT ACTION IDENTIFYING TOPS AND BOTTOMS EXPECT PULLBACKS AND CORRECTIONS; DON'T FEAR THEM TECHNICAL ANALYSIS IS MORE OF AN ART THAN A SCIENCE
15 CHAPTER 6: How to Develop a Winning Strategy That Beats the Market DEVELOP