Learning Centre
"Trading Intelledgence" by ShareFinder Founder Gary Stone
*Note - the following excerpts are best read in sequential order
Executing good trades all the time
The key to making good trades is confidence. The key to developing trading confidence is preparation & trust. Learn what really constitutes a good and a bad trade from this learning note.
It's a matter of confidence
If you think about what you don't want to happen in the trading arena there is a high probability that you won't execute thereby also eliminating the possibility of a positive outcome.
Process and Mechanical trading
A process is a systematic series of actions that are executed to achieve an outcome. Processes have some excellent traits. Once defined, they can be repeated in a similar fashion to the previous iteration of the process. And when repetition is achieved, there is a high probability that the outcome of the next iteration of the process will closely imitate the outcomes of previous iterations.
The Duality of trading
Duality occurs in every part of our lives yet most people don't recognise and understand this. This lack of understanding leads to too much significance being placed on one side of the duality equation which causes imbalance and disturbs equilibrium.
An Edge
Looks at the conceptual scale of 'polarity' and 'relativity' with respect to winning and losing trades.
A Trading Formula
A universal 'formula' exists in trading that needs to be positioned in the trader's psyche.
More on Edges
Now that you understand what the trading formula is it is time to recap edges.
Angry
makes you stupid
There is a natural rhythm in the universe that all active investors must understand.
General Tutorials Archive
What is a probabilistic edge in the market?
Before you start trading you must make sure you know if the probabilities are with you. Find out what this actually means before you start trading.
How is an edge determined?
Find out what determines a probabilistic edge - it has nothing to do with trading.
Brokerage and the effect on portfolio value when short-term trading leveraged instruments?
Learn from ShareFinder Research Director, Gary Stone, on how much capital to allocate to short-term trading and why the broker you choose and the commissions they charge has to be seriously considered.
Why are consistency and objectivity so important?
Watch this video and learn why 'consistency' should be your number one objective as a trader and why it is so important to remove subjectivity and emotion from your actions.
What is Money Management?
Learn from ShareFinder Research Director, Gary Stone, on why exit strategies should be based on price action and not capital (eg. why the 2% rule is flawed).
Think from the Market's Perspective.
As we grow older the 'competing to win' mindset becomes 'hard coded into our thoughts resonating through all facets of life. It has a profound influence on us each day, both consciously and subconsciously. Read this document and learn why it is so important to think from the 'market's perspective'.
What is a Stock Picking Mindset?
Two of the main reasons why most active investors fail in their endeavours to grow their capital through timing the market are; placing too much emphasis on individual trades and not persisting with strategies that they try. Read this document to learn how to think at the portfolio level.
Path to Consistency Workshop Review Part 1
Read Gary's review of this life changing Workshop by Mark Douglas. Written for the Australian Technical Analysis Association (ATAA).
Path to Consistency Workshop Review Part 2
Read Gary's concluding review of the Workshop by Mark Douglas. Written for the Australian Technical Analysis Association (ATAA).
Recommended Reading List
| General Technical Analysis | |
|---|---|
| Bedford, Louise | Trading Secrets, Second Edition |
| Bedford, Louise | The Secret of Candlestick Charting |
| Bedford, Louise | Charting Secrets |
| Pring, Martin | Technical Analysis Explained |
| Murphy, John | Technical Analysis of the Financial Markets |
| Weinstein, Stan | The Secrets of Profiting in Bull and Bear markets |
| Trading Psychology | |
| Douglas, Mark | Trading in the Zone |
| Pring, Martin | Investment Psychology Explained |
| Money Management and Position Sizing | |
| Vince, Ralph | The Mathematics of Money Management |
| Vince, Ralph | Portfolio Management Formulas |
| Jones, Ryan | The Trading Game |
| Tharp, Van | Trade Your Way to Financial Freedom |
| Trading Systems | |
| O'Neil, William | How to Make Money in Stocks |
| Stridsman, Thomas | Trading Systems that Work |
| Kaufman, Perry | Smarter Trading, Improving Performance in Changing Markets |
| Options | |
| Bedford, Louise | The Secret of Writing Options |



