Introduction - Universal Principles for Successful Trading
Enter - A method that works for all markets and all investors.

Chapter 1: Perceiving Reality
Why do 90% of investors lose money?
Common mistakes in the first year of trading
Common mistakes of the second year
Common mistakes of the third year
How to Join the Winning 10%

Chapter 2 Trading Process
Trading process

Chapter 3: First Principle: Be Prepared
extreme adversity
Emotional orientation
losing game
random market
The one who loses the most is the winner
Risk Management
Trading Partner
financial limitations

Chapter 4: The Second Principle: Enlightenment
Avoid the risk of bankruptcy
Pursue the Holy Grail of Trading
Expectations
Trading opportunities
Pursue simplicity
Step into the place you fear most
Verify expectations with TEST procedures.

Chapter 5: Third Principle: Trading Style
Trading method
Timeframe
Choosing a trading style
Long-term trend following trading
short-term swing trading
Comparison of Long-Term Trend Following and Short-Term Swing Trading

Chapter 6: Fourth Principle: Market Selection
Excellent operational risk management properties
Great trading element

Chapter 7: The Fifth Principle: The Three Pillars
Fund Management
Trading strategy
psychological problems

Chapter 8 Fund Management
Martingale Money Management
Anti-Martingale fund management
Key Concepts
History of Money Management
Anti-Martingale Money Management Strategy
An FX system that trades one contract at a time without a money management strategy.
FX system using fixed risk amount fund management
FX system using fixed asset management
FX system using fixed rate fund management
$18 million net income vs. $1.5 million net income
FX system using fixed-capacity fund management
FX System Using Williams' Fixed Risk Fund Management
FX system using fixed risk ratio fund management
FX system using fixed volatility fund management
Which money management strategy should you choose?
P&L Momentum Trading

Chapter 9 Trading Strategies
Discretionary trading or system trading
Creating a Trading Strategy
Trend following trading
Not all indicators are bad
But doesn't the market change?
Multiple trading strategies
Fundamental Attributes of a Winning Trading Strategy
Turtle Trading Strategy
Objective trend judgment tool
Fibonacci: True or False
Placebo Investor

Chapter 10 Psychological Problems
Consensus view
Governing Hope
Controlling Greed
Managing Fear
Managing Pain
extreme adversity

Chapter 11: The Sixth Principle: Trading
Use everything together
Trading: Placing an Order

Chapter 12: A Word of Advice
balance
Masters of the Market
Ramon Barros
Mark D. Cook
Cook)
Diversity of investors
Michael Cook
Kevin Davey
Tom DeMark
Lee Gettess
Daryl Guppy
Richard Melki
Geoff Morgan
Greg Morris
Nick Radge
Brian Schad
Andrea Unger
Larry Williams
Dar wong
Various advices

Chapter 13 Conclusion
Now is the best of times and the worst of times!

Appendix A - Bankruptcy Risk Simulator
Appendix B - Bankruptcy Risk Simulation Results
Translator's Note - How I wish I had read this book sooner!
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A book praised by the world's best professional traders!

A professional trader with 27 years of experience as an institutional investor presents universal investment principles for successful trading.
All consistently profitable investors adhere to this principle, regardless of the market they trade in, the timeframe they use, or the technique they employ.
Bestselling author and international speaker Brent Penfold asserts that "90% of individual investors fail because of ignorance, gullibility, and laziness."
Also, 'trading is basically like Marine Corps camp.
He sounds an alarm to the 'ants' who blindly jump into stock investment and taste the bitterness of the market, saying, 'You must know that successful trading is more difficult than anything you have ever attempted.'

In this book, he points out in detail the facts that investors new to the stock market must prepare and understand before starting to trade.
It also offers a deeper reflection than any other book on the three pillars of trading: money management, trading strategy, and psychological issues.
Most investors dip their toes into the market before even thinking about these things, and trading is the last thing they do.

He currently trades in 14 markets worldwide and is consistently profitable.
In books written by top investors, you can learn specific things that separate winners from losers:
How to Design a Trading Plan
How to Identify and Create Effective Trading Strategies
Successful Money Management Strategies
Understanding the Psychological Issues of Trading
After studying the universal principles, you will meet successful investors who are called 'market masters'.
Uncommon interviews with some of the world's best professional traders enrich this book.
Each piece of advice highlights key elements of universal principles.

This book is filled with essential advice for individual investors, as the author has learned it through countless trials and errors.
This must-read book before investing in stocks will help you join the "10% winning investor group."