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TL;DR: Here are some sheets with concise information about strategies members of BBT use. Shoutout to the mods and contributors for the information for these strategies. After watching Peter's amazing presentation about his 'Mountain Pass' strategy a couple nights ago, I put together an information sheet with the setup details similar to ones I had already created for a few other strategies. After putting together the Mountain Pass sheet, I decided it, among the others could be useful for my fellow BBT community members for any of the following reasons: You could use them for your playbook. If you like the layout, you could use them as a template to make your own information sheets/playbook. They could serve as a tangible, concise, introductory resource for beginner traders, who are new to these strategies. The strategy information has all been taken from the education center, success webinars and Andrew's books. I take no credit for any of the theory behind the strategies or any of the images. All credit goes to Andrew, Carlos, Peter and Hiltzy for laying out the strategies so well. I plan on doing more of these as I expand my playbook to include strategies such as Rising Devil, Fallen Angel, 1-Minute ORB, etc. So I will share those in this thread as they are made. If you have any comments, criticisms, or if I have information wrong about any of the strategies, let me know and I can make some adjustments to the sheets. Also, if you have your own playbooks / strategy resources you'd like to share, you can do so in this thread, I'd love to see what you've done. Note: Some of the information, particularly the rules such as "Place stop losses at technical levels." are notes I've made to myself based on results I have found. Some of these may not apply to you individually. Here is what they look like: The files for each strategy will be posted below.
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Hi all, I figured i would post some books i have read that overall have added to my knowledge base and assisted me in becoming a better trader (a never ending exciting journey!). They also helped me convince my father there is a better way to use the stock market for accumulating wealth if you are disciplined and "survive the learning curve" as Andrew and others would say. These books lay out principles that i find useful in swing trading. If anything, they are a good refresher for those who already know technical and VAP analysis. 1. Charting and Technical Analysis - Fred McAllen 2. Trading the Trends - Fred McAllen 3. A Complete Guide to Volume Price Analysis - Anna Coulting For those who are interested in using Options to swing trade, the book below is essentially the main reference to start with even though it's "advanced". It's by far the most thorough book out there I have come across and also has a good reference list to identify more digestible books to switch too if it goes over your head. NOTE: Options trading is much, much more complicated than standard Long/Short shares outright swing trading. You should expect to dedicate a lot of time to learn how to trade options before you take trades using options. It's a whole other ball game in managing risk and defining a target price (and you have to estimate volatility aka "speed" of price movement; another layer of complexity!). I am still learning after about two years of reading since i started out investing beyond buy-and-hold with Options and there is still A LOT more to understand. Simulators that you can use to practice with Options are Think or Swim (TD Ameritrade) and I believe DAS Trader (costs more @ $170/month instead of $150). Once you understand it and build ample experience in a step by step fashion, it can be a very useful tool in many ways in a variety of market conditions and scenarios. It suits weekly - years long time scale trades. For me, it's another trading tool that i would like to understand and incrementally master over time to diversify my trading skill set beyond Long/Short shares for intraday and short term swing trades. - Options Volatility and Pricing - Sheldon Natenberg Happy learning! -Erik
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