The 10-Minute Millionaire
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Оглавление
D. R. Barton Jr.. The 10-Minute Millionaire
FOREWORD
ACKNOWLEDGMENTS
PROLOGUE
SECTION I. It’s Time to Think Like a Millionaire (aka “The Path to Wealth Is a Lot Shorter Than You Think”)
INTRODUCTION. The Huck Stops Here
Flying South
Force 10 from Brattonsville
Ten Minutes Can Change Your World
A Blueprint for Wealth
CHAPTER 1. The Critical Secret I Learned from the World’s Billionaires
From Castaways to Kings
Learning in Luxury
That Ticking Sound You Hear
The Private Lives of the World’s Elite
The Basic Tenets of Prodigious Wealth
CHAPTER 2. Investing – The Ultimate Extreme Sport
Anatomy of an Auction Surprise
Those Inefficient “Efficient Markets”
Ghosts in the Machine
A Keynesian Game – Playing the Player, Not the Cards
Bubblicious Profits
Crazy Chickens
Rubber-Band Man
BONUS CHAPTER 2A. The Millionaire’s Cheat Sheet
CHAPTER 3. How the “Potentate of Profits” Will Help You Get an Edge
Picking Your Spots
Great Expectations
Risky Business
A Blueprint for Winning
Stop the Loss/Stop the Pain
Another Step toward Success
Sizing Up Your Opportunity
It’s Better to Weight for an Edge Than to Wait for an Edge
Unconventional Wisdom
Intermission. A Look Back.. and a Look Ahead
SECTION II. Find the Extreme, Frame the Trade, Book the Profit
CHAPTER 4. Running a System
Just Enough to Be Dangerous
The Tragic Tale of “Trader Tom”
The Systematic Investor
Bias Number 1: Loss Aversion Bias
Bias Number 2: Streak Bias
Bias Number 3: Results-Orientation Bias
BONUS CHAPTER 4A. The Five Secrets of a Sleek Trading System
A Quintuplet of Benefits
It’s Time to Become “Truly Rich”
CHAPTER 5. Finding Extreme Stocks
Part I: Fast Movers
Navigating Your Way
V Is for Volatility
A Measured Approach
Volume and Price (How Much.. and How High)
Screening for Fast Movers
Part II: Rubber Band Stocks
The Trend Is Your Friend
Momentum and the RSI
Putting It All Together
Shortcut Tip
CHAPTER 6. Framing the Trade
When You Fail to Plan.
A Contingency Plan to Revere
The Agony of Defeat
Separating Winners from Losers
I Wanna Hold Your Hand
Downside Protection
Sizing Up the Opportunity
Ready to Roll
CHAPTER 7. Book the Profits
Catching Your Fair Share
Sell Signal
Trailing Stops
Intermission. What You Can Do with What You Have Learned
SECTION III. Putting It All Together
CHAPTER 8. Your First Step.. Toward Your First Million
Sampling the System
Cleared for Take-off
Drug Enforcement
Game On
EPILOGUE
It's “Self-Improvement”.. Not “Shelf Improvement”
APPENDIX. The 10-Minute Millionaire’s Trading Worksheet
GLOSSARY
INDEX
Отрывок из книги
In a recent survey by BlackRock, Inc., the world’s largest money-management firm, 74 percent of respondents said that they expect to feel financially secure in their retirement. However, there’s a $30,000-a-year income gap between what they need and what their savings will earn.
During our educational webinars, when we ask participants what their biggest concerns are, we consistently hear that market volatility creates intense anxiety for traders and investors alike.
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I have admired Marc Chaikin’s work for decades. Marc is an incredible thinker and student of the markets. He’s been a good friend for decades. And I still learn from him every single time we talk.
Brad Martin was a floor trader in Chicago for 20 years. He teamed up with me to design and teach trading seminars for half a dozen years. He shared much of what he knows with me about how floor trading works, about short-term trading, and was a naturally gifted teacher for our students.
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