Goals to Gold

Goals to Gold
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Описание книги

An inspirational journey from footballer to trader
GOALS TO GOLD tells the fascinating and unexpected story of one man's journey from top-flight football to the cut-and-thrust world of the financial markets.
This book also explores the relationship between sports and trading success – making it the perfect book for any sports fan who's ever wondered whether they could make a go of it in the markets.
Lee Sandford spent 17 years as a professional footballer, playing for Portsmouth, Stoke City, Sheffield United and Reading. But when his career was over, he didnâ??t retire to a pundit's sofa or the golf course. He entered another fiercely competitive world: the stock market.
Goals to Gold tells the story of his days as a footballer and subsequent time as a trader, laying bare the sobering facts of a life scattered with huge achievements, near misses and big disappointments.
Part exploration of the unseen side of football and part introduction to financial trading, it shows how the important qualities in football and trading alike are hard work, determination, patience and sticking to your strategy even when the studs-up tackles are flying.
Packed with real-life, behind-the-scenes stories involving promotion, relegation and trophies in football and trading through booms and busts in the markets, Goals to Gold is a gripping and revealing read – perfect for football fan and trader alike.

Оглавление

Lee Sandford. Goals to Gold

Publishing details

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About the author

Introduction

If I can do it…

Humble beginnings

Learning to ask

If you want to learn, teach

The big gamble

Plan to change

About the book

Chapter One: Hampshire Heaven. Early days in Elephant and Castle

Move to Basingstoke

Getting serious about football

Team photo from my childhood club Beechdown FC (I am in the middle row, second from the right) Interest from Southampton and Portsmouth

Hampshire Cross Country Championships

Apprenticeship begins

Chapter Two: On the Ball. Getting to know Alan

England youth team

Turning pro

First Division

Mental strength

Chapter Three: The Emotional Decision. Starting out in the Potteries

Seeking stability

Future planning

At Stoke under Lou Macari

Stoke City, winners of Division 2, 1992-3

Chapter Four: Even Further North. Signing for Sheffield United

A difficult start in South Yorkshire

On the ball for Sheffield United

Heartbreak

Chapter Five: Sticking My Neck Out. FA Cup semi-final

Serious injury

A stint at Woking

Reflecting on my career

No longer putting football first

A new start

Chapter Six: Trading Up. The value of things

Learning about myself

Chapter Seven: Trading College. An introduction to trading

Turning pro again

Teaching trading

My new profession as a trading teacher

Working smarter, not harder

Importance of family

PART TWO: TRADING THE MONEY MARKETS

Chapter Eight: The Virtual World of Money. What money is

The credit trap

What can you trade?

Derivatives

What is spread betting?

Trading time frames

Trading is not gambling

Derivatives trading is open to you

Chapter Nine: Your Relationship With Money. Severing emotional ties

Money experiences

Taking control of money

Chapter Ten: Trading Tool Kit

1. A computer

2. An internet connection

3. A trading account and broker

4. A pot of money

5. A chart package

6. Your time

7. Discipline

Completing the London Marathon. 8. Patience

9. An open mind and willingness to learn

10. Your trading plan

Chapter Eleven: Your Trading Plan. What goes in a trading plan

Choosing your market and trading vehicles

Deciding on your trading values

Setting your profit targets

Setting your stop losses

Why you need a trading plan

1. To prevent overtrading

2. To make controlled decisions

3. To control your emotions

4. To avoid common pitfalls

Theory versus practice

What most unsuccessful traders do

What most successful traders do

Mastering your plan, mastering yourself

Chapter Twelve: Following the Plan

Chapter Thirteen: Spread Betting. My preferred investment vehicle

Basics of spread betting

A spread bet on Lee’s Boots

Tax and spread betting

Long positions and short positions

Chapter Fourteen: Learning To Drive Your Vehicle

Choosing what to trade

Foreign exchange market

Money management

Betting £1 per point

Betting £5 per point

Betting £10 per point

Example of two new traders

Alice’s story

Candlestick anatomy

EURUSD chart showing a week of grey (red) candlesticks

AUDUSD chart showing five days of grey (red) candlesticks

EURJPY chart showing today’s candlestick to be black (green)

Betsy’s story

Back to Alice’s story

Back in Betsy world

Alice cracks it

Chapter Fifteen: Is Trading For You?

Protect your account

There is no magic formula

Introduction

My Pro-Trading System (PTS)

Chart 1: Normal price chart

Chart 2: Price chart with the PTS overlaid

Dynamic Divergence Using the MACD

Bullish divergence, Dow Jones Futures

Bearish divergence, crude oil

Chapter Sixteen: Crude Oil. What trading crude is about

Crude oil

Watching crude oil rise to $150 a barrel

Chapter Seventeen: Gold. Finding the top of the gold market

Gold price over the last five to six years

Chapter Eighteen: Apple. Finding the top of Apple shares

Chapter Nineteen: Facebook. The Facebook IPO fiasco

Chapter Twenty: RBS. Banking crisis

Shorting RBS

The government bans shorting banks in 2008

Chapter Twenty-One: GBPUSD. Shorting GBP against USD for 1000 pips profit

GBPUSD

Chapter Twenty-Two: Losing on an Uptrend. Shorting the stock market in an uptrend in 2013

Chapter Twenty-Three: More Trading Stories

Trade one: Making 1000 pips profit

GBPUSD

Trade two: major divergence signal in S&P 500

S&P 500 weekly chart

Trade three: EURJPY trade

EURJPY

Trade four: EURAUD trade

EURAUD

Trade five: In and out of USDCAD in a day

USDCAD

Trade six: trading crude oil

Crude oil

Trade seven: Goldman Sachs

Goldman Sachs

Trade nine: No gold for me

Gold

Trade ten: 132 points profit on AUDUSD trade

AUDUSD

Trade eleven: Europe in a mess

EURUSD

Trade twelve: A trend in EURAUD

EURAUD

USDJPY

USDJPY

A gift from the trading gods

Chart showing price of US company Potash

A nice way to book a holiday

USDJPY

Chapter Twenty-Four: The Perfect Game Myth. The Invincibles

Lose the fear of losing

Coming close to perfect

Control what can be controlled

Chapter Twenty-Five: The Relegation Zone. Playing like you’re not going down

Playing without fear

Conquering emotion

Chapter Twenty-Six: On the Bench. Frustration of waiting

Constant readiness

Coming off the bench

Patience is key

Chapter Twenty-Seven: The Offside Rule. The rule

Choosing tactics for the situation

Strategy in the markets

Chapter Twenty-Eight: The Long Game vs. The Short Game

Chapter Twenty-Nine: Hooligans and #$%@* #ankers

Talking vs. delivering

FINAL WORD

Complete your Harriman House Trading Library. 4 Keys to Profitable Forex Trend Trading

101 Ways to Pick Stock Market Winners

Diary of a Currency Trader

Kathleen Brooks on Forex

The Naked Trader

Spread Betting the Forex Markets

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.....

Hearing other people’s stories made me realise how relatively lucky I was. I may not have had the formal education or the big accolades, but my solid and happy childhood counted for much more than I gave it credit for.

Trading is not gambling, but trading the markets is a gamble. There are no guarantees, which is why I always urge people not to risk money they cannot afford to lose. If you don’t currently have money you can afford to lose, wait until you do.

.....

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