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    Stock Trading: Dos And Don’ts To Make Stock Trading Profitable Even In Economic Uncertainties
    Stock Trading: Dos And Don’ts To Make Stock Trading Profitable Even In Economic Uncertainties
    Stock Trading: Dos And Don’ts To Make Stock Trading Profitable Even In Economic Uncertainties
    Ebook120 pages1 hour

    Stock Trading: Dos And Don’ts To Make Stock Trading Profitable Even In Economic Uncertainties

    By Rob D McNamara

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    About this ebook

    STOCK TRADING
    Written by Rob McNamara
    Dos And Don’ts To Make Stock Trading Profitable Even In Economic Uncertainties

    “A Financial advisor that rides the waves of the stock market; bends like the willow tree, guiding you with truth, honesty and integrity.”

    As the waves rise and fall with the rhythm of the ocean, the flow of the stock market, rises and falls in sync with the creation of trends and share prices, at peak performance ending with a tidal wave.

    In this book, Rob McNamara has attempted to break the myth with relaying the art and science of stock trading. Amidst the uncertainties, Rob McNamara has touched upon concepts like the basics of stock market and historical analysis to helping you master the market as an investor.

    Being a financial advisor, I am no stranger to advising more than 5,000 baby boomers retiring every day. Like you, they have worked hard to build their worth. Like you, they worry about expanding on their wealth and about their financial future – how they will be able to realize the dreams they have been saving for, and if they will be able to plan that wealth for their future generation. And just like you, I have told them endless times how good things come to those who not only think it is possible but also probable.

    With a profound and deeper understanding of the Elliott Wave Theory, which is based on the “Rule of Alternation.” Simply stated, this means that in financial markets and in the entire created universe, for that matter, every action has an opposite action, or reaction. Since Elliott Wave Theory is also based on pattern recognition, basic technical analysis serves as an excellent complement. Let’s delve into the Elliott Wave Theory and realize how it is spookily accurate.

    I am sure you can literally count the number of times you have heard this. I am sure that the count will be less than five considering the state the financial industry is in. It is a no brainer that most of you hear, no matter where you are, is related to gloom and doom, which is not going to clear up anytime soon. Consider Brexit – it was totally unexpected and the people’s decision left economies tumbling overnight. The UK’s outlook was reduced to Negative by Moody.

    The top rich people in the Forbes lost their wealth by billions. Well, was this the first? No! Consider the Eurozone crisis – what happened reduced the Greek economy to shambles and for that matter; it had put the economies of other countries in the danger line. This leaves you trembling when you think about investing in the market. Hopefully, today, I will be able to help change all of that.

    Whenever you are starting anything new, there is a lot of excitement. You have all of these hopes and dreams of how it is going to turn out, and what you think is going to happen and you may want to cut a few corners and rush a few ideas. While this may not seem like a big deal at first, you are going to see that this doesn't pay off in the long run. Beginners in the stock market tend to make a lot of mistakes, especially when they are too enthusiastic about what is going to happen.

    Within this book are the deepest secrets and challenges facing beginners in the stock market. A good investor should be able to sniff things before they become clear. I pride myself on standing outside of that herd and being able to provide forward-looking advice to my clients so that they can stay ahead of the curve.

    However, you do not stay ahead of the curve by just waving a magic wand, or by accident, or by simply trading with winning stocks. To be able to be forward thinking, you must be able to look into the past and understand the history. Once you have understood the history of anything and this includes any volatile market, your probability of success increases. With historical information, you are equipped with the right knowledge. And that knowledge is ultimate, and perhaps, the only power an investor has at t

    LanguageEnglish
    PublisherRob D McNamara
    Release dateOct 12, 2016
    ISBN9780692780282
    Stock Trading: Dos And Don’ts To Make Stock Trading Profitable Even In Economic Uncertainties

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    • 4/5
      Overall good read. The book offers a short overlook over stock trading in general.

    Book preview

    Stock Trading - Rob D McNamara

    About the Author

    Robert D McNamara began pursuing his dreams at a young age on Nashville’s legendary Music Row in collaboration with some of the most talented musicians in the world. It was a once in a lifetime journey that only a very few people ever get the chance to experience.

    With his dreams of working side by side with Country Music royalty fulfilled, Robert set his sights on an international career working for top fortune 500 companies around the globe. Throughout the next 16 years, Robert elevated his career to the Senior Management level within Procurement, Materials, and Supply Chain Management within the Energy and Chemical, Government and Mining business units of these highly successful companies.

    Throughout this time serving in diversified roles throughout the world including multiple war zones and hostile environments. Robert gained the insight and experience of different cultures, attitudes and many outlooks on life.

    Having worked international mentoring multi-national workforces instilling the safety-first mindset and core values Safety, Integrity, Teamwork, and Excellence, Robert feels humbled to share his knowledge and experience through his passion for writing and teaching.

    One day Robert sat down and started writing about the Dos and Don’ts of the trading floor, he listened to those whom he had shared his wisdom with. Robert became a private financial advisor for many friends, family and those wishing to secure a safe future.

    Foreword

    STOCK TRADING

    Dos and Don’ts to Make Stock Trading Profitable Even in Economic Uncertainties

    A Financial advisor that rides the waves of the stock market; bends like the willow tree, guiding you with truth, honesty and integrity.

    As the waves rise and fall with the rhythm of the ocean, the flow of the stock market, rises and falls in sync with the creation of trends and share prices, at peak performance ending with a tidal wave.

    Dos and don’ts to make stock trading profitable even in economic uncertainties, here Rob McNamara has attempted to break the myth with relaying the art and science of stock trading. Amidst the uncertainties, Rob McNamara has touched upon concepts like the basics of stock market and historical analysis to helping you master the market as an investor.

    With a profound and deeper understanding of the Elliott Wave Theory, which is based on the Rule of Alternation. Simply stated, this means that in financial markets and in the entire created universe, for that matter, every action has an opposite action, or reaction. Since Elliott Wave Theory is also based on pattern recognition, basic technical analysis serves as an excellent complement. Lets delve into the Elliott Wave Theory and realize how it is spookily accurate.

    This inspiring book is written with truth, honesty and integrity inspiring you to trust in your own intuition and seek out a great teacher, this book will would change the whole course of your life, and the way your view the trading floor.

    Rob McNamara

    www.robdmcnamara.com

    Copyright © 2016 Robert D McNamara

    The right of Robert D McNamara to be identified as the Author of the work has been asserted by them in accordance with the US Copyright Office.

    First published in The United States, September 2016. By Isabella Rose of Sunshine Publishers.

    First published E-book and Kindle Book, September 2016. By Isabella Rose of Sunshine Publishers.

    All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other non-commercial uses permitted by copyright law.

    A catalogue record for this title is held at Library of Congress Cataloging in Publication Data: 30th September 2016.

    Title: Stock Trading

    ISBN 978-0-692-78028-2

    Printed in The United States of America

    Acknowledgement

    This book is dedicated to everyone who has traded and to those who are planning to get a taste of the stock market. I was once a little boy lost in the dense jungle of the complexities of the stock market. But with time and practice, I became the wolf.

    To write and complete this book was a dream for many years, I have been fortunate enough to interact with many like-minded people. Over the past few years those individuals helped me shape and create this dream into reality.

    A Special thanks to the investors who motivate me, help me learn, and teach me how to trade with each passing day. This interaction has helped me realize the difficulties of investors. And by analyzing these issues, I have come up with this book as an attempt to solve the issues and help investors earn big in the stock market.

    Thank you to Isabella Rose my Editor for guiding me through the publication process.

    And last but not the least, thank you Microsoft for coming up with tools like MS Excel that are a saving grace for investors like me!

    The market is made by the minds of many men. The state of these minds is reflected in the prices of securities in which their owners operate.

    _ Richard D. Wyckoff

    Contents

    Acknowledgement

    Introduction

    Part I: Stock Market Trading

    Chapter 1: Stock Trading: The Basics

    Chapter 2: Analysis Techniques

    Chapter 3: Beginner's Luck: Avoiding Common Mistakes

    Chapter 4: The Seven Rules to Highly Successful Stock Trading

    Chapter 5: Mastering The Tricks of the Trade

    Part II: Looking into the Future

    Chapter 6: What is the Elliott Wave Theory?

    Chapter 7: Corrections

    Chapter 8: Pitfalls of the Elliott Wave Theory

    Chapter 9: Elliott Wave and Technical Analysis

    Chapter 10: The Fan Principle

    Chapter 11: Elliott Wave and Channel Analysis

    Chapter 12: The Rule of Alternation

    Chapter 13: Elliott Wave and Volume Analysis

    Chapter 14: Elliott Wave and Contrary Opinion

    Chapter 15: Filtered Waves

    Part III: Investing for Future in ETFs

    Chapter 16: The Basics of Exchange Traded Funds

    Chapter 17: How to Evaluate your ETF

    Chapter 18: Risk Factors to Consider

    Chapter 19: Strategies for Exchange traded Funds

    Chapter 20: Making your Investment Choice

    Chapter 21: Securing your Future

    Conclusion

    Inspiration & Acknowledgments

    Introduction

    Well, here is some good news!

    I am sure you can literally count the number of times you have heard this. I am sure that the count will be less than five considering the state the financial industry is in. It is a no brainer that most of you hear, no matter where you are, is related to gloom and doom, which is not going to

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