The Online Trading Cookbook

Preface ix
 
Acknowledgements xiii
 
About the Authors xv
 
Introduction 1
 
PART I APERITIF
 
Recipe 1 Uncle's Favourite 11
 
Difficulty Level: Beginner
 
Recipe 2 What Good Dishes Taste Like - The Recipe for Trading Success 21
 
Difficulty Level: Beginner
 
Recipe 3 Trend Lines and Channelling: Mind the Bumps 31
 
Difficulty Level: Beginner
 
Recipe 4 Japanese as Easy as Sushi: Exotic but not Complicated 37
 
Difficulty Level: Beginner
 
Recipe 5 Moving Averages: Decisions Decisions 43
 
Difficulty Level: Beginner
 
Recipe 6 Breakfast at 8 49
 
Difficulty Level: Beginner
 
Recipe 7 Let's Get a Takeaway! 55
 
Difficulty Level: Beginner
 
PART II HORS D'OEUVRES
 
Recipe 8 MACD, MA and Stochastic - Mixing Cocktails 69
 
Difficulty Level: Beginner/Intermediate
 
Recipe 9 The Breakout 75
 
Difficulty Level: Intermediate
 
PART III AMUSE-BOUCHE
 
Recipe 10 Natural Diet: Don't Forget Your Roughage 85
 
Difficulty Level: Intermediate
 
PART IV ENTREMET
 
Recipe 11 MACD (Mac-D) and Friends 101
 
Difficulty Level: Intermediate/Advanced
 
Recipe 12 Nouvelle Cuisine: New Issues 107
 
Difficulty Level: Intermediate/Advanced
 
Recipe 13 Momentum: Short Termism Does Pay! 111
 
Difficulty Level: Intermediate/Advanced
 
Recipe 14 Turtle Soup: The Most Famous Trading Recipe of All 117
 
Difficulty Level: Intermediate/Advanced
 
Recipe 15 Pairs Trading: One of Your Five a Day! 127
 
Difficulty Level: Intermediate/Advanced
 
Recipe 16 Double Big MAC-D 135
 
Difficulty Level: Intermediate/Advanced
 
PART V ENTREE
 
Recipe 17 English Breakfast or All-Day Lunch 151
 
Difficulty Level: Advanced
 
Recipe 18 Surfing the Waves: Fast Food 159
 
Difficulty Level:

Alpesh Patel launched asset management company Praefinium Partners in 2004. He is a former Visiting Fellow in Business and Industry at Corpus Christi College, Oxford University. He has written 13 books on trading, translated into 8 languages. For Bloomberg TV he co-presented shows for three years as their in-house online trading specialist. He has had over 200 columns on trading published in the Financial Times through his Diary of an Internet Trader column. He is the founder of investingbetter.com which is an online trading education company and has his own investment software in partnership with Sharescope.
 
Alpesh has lectured on trading from Beijing and San Francisco to Guatemala and from Spain to India, Singapore and Hong Kong. Alpesh is also the founder of TraderMindMarkets.com, an online trading portal and alpeshpatel.com offering FX education as well as eglobaltrades.com, an online FX broker. He writes the TheTraderFather.com blog.
 
Paresh Kiri has vast experience as a floor trader on the world's second largest derivatives exchange LIFFE and as a Portfolio Manager. He is an FSA regulated investment manager.
 
Starting his career on the LIFFE floor in 1993, Paresh was one of the first traders to embrace screen trading, through the LIFFE online trading platform APT (Automated Pit Trading). Paresh was one of the founders of Kyte Securities. Since leaving Eden Financial in 1999, Paresh has been managing private client and institutional money, and developing very specific operational services going back to Kyte Group to assist the development of an Index Options Desk, and seeking ways of bringing the strategies he developed to the wider public audience by structuring managed accounts services using on-line trading platforms. Paresh regularly coaches and holds private seminars on trading the markets. He sits on the Advisory Board of Sterling Group.