Opis: The Art of Trend Trading - Michael Parness

Look inward for the missing piece to your trading strategy The Art of Trend Trading bucks the trend of technicality to show readers how instinct and strategy can unite to bring about consistent investment success. Rather than diving ever-deeper into the overdone world of complicated modeling and forecasting techniques, trader, CEO, and bestselling author Michael Parness explains how making intuition a part of your investment strategy tends to result in more long-term profit. Using animal spirits as a metaphor and tool, Parness helps readers understand how their natural tendencies may run counter to their strategy, and how this dichotomy may be the shackle holding them back from true market success. Readers will learn how this perspective lifted Parness from homelessness to making millions in both Bull and Bear markets, and will start developing their own market instinct as they refine and tune into their own natural intuition. Everyone's looking for the "ultimate" system, a way to "game the market" and uncover the "secret" to successful investing. Over the years, Parness has observed that the best traders those who consistently make money are the ones that use instinct and intuition, as well as strategy. This book shows you how to identify the natural trader within, and use your gut to inform an ever-evolving investment plan. * Follow the author's journey from homelessness to millionaire * Identify and understand your own strengths and weaknesses * Develop your instinct alongside your strategy * Take a lesson from traders making consistent money There's no substitute for good strategy, but it's no secret that some strategies seem to be more profitable than others. The Art of Trend Trading helps you find that missing piece and turn it into more consistent investment success.Foreword ix Michael Di Gioia Chapter 1: Wishing You a Slow Rise 1 Setting Goals 2 1 Percent aDay Keeps the Ka-Chingos Comin ! 3 Don t Be in Such a Rush to Lose Your Money 4 Chapter 2: Bear with Me 5 The Achilles Have It 6 Identifying Your Achilles Heel 6 Chapter 3: Breakout City and Riding the Horse to Gains 11 The 10 a.m. Intraday Break 11 The Play 12 The Technical Breakout 16 The 52-Week-High Breakout 16 Buy Low and Sell High? 18 The All-Time-High Blue Skies Breakout 24 Chapter 4: Power Trading 25 Be You Be Powerful! 26 Intraday Primer 26 Time Frames 29 9:30 10:00 a.m.: Gaps 30 10:00 1:00 p.m.: 10 a.m. Rule in Effect 32 1:00 2:30 p.m.: Lunchtime Lull/Reversal 33 2:30 3:20 p.m.: Post-Lunch Activity 34 3:20 3:40 p.m.: Afternoon Lull 34 3:40 4:00 p.m.: Market on Close/End of Day 35 8:00 9:30 a.m./4:00 8:00 p.m.: After-Hours, News Rules! 35 Time Frame Examples 37 News Trader 38 Swing Trades 40 Gap Me, Baby 41 Laggards 41 Market Close 42 After Hours 42 Chapter 5: $12,500 to $3.8 Million 45 Bull, Bear I Don t Care! 45 Chapter 6: Options (Pretty) Basic Primer 49 What Are Options? 50 Underlying Assets 51 Rights and Obligations 52 Weekly Options 55 Option Strategies Introduction 60 Spreads 62 Chapter 7: Trading Options 65 Out-of-the-Money Options 65 More than One Month Out 69 Leveraging and Hedging 71 Index Options 73 LEAPs 77 Straddles 78 Strangles 82 Bull Spread 83 Bear Spread 85 Chapter 8: Trading Gaps Animal Spirit Guide (Stalking, Leopard) 87 What Are Gaps? 87 Planning Your Gap Trade 92 Daily Gap Goals! 92 Contents vii Objectives 94 News/News/News 95 Come Out, Come Out, Wherever You Are, Mr. Gap! 96 Order Flow 97 Managing Risk 98 Know When to Hold Em or Fold Em 100 Believe! 102 Trading Gap Downs 103 Trading Gap Ups 106 Chapter 9: My Favorite Animal Spirits 109 Gap Fades 110 Earnings Runs 113 Earnings Straddles 121 FOMC Fades 123 10:00 a.m. Rule Plays 126 Chapter 10: Trading Gaps Using Technical Analysis 133 Reversal Bars 134 Doji 134 When to Enter 136 Reversal Bars 141 The OOPS Entry 145 Gap and Goooooooooo!!! 147 Exit Strategies 152 Taking Profits 156 Know When to Fold Em 159 Using Stops 161 Gaining an Edge 165 Chapter 11: News Rules! Trading News 171 Laggard News 171 Guidelines for Trading News 172 News Stories 174 Potential News 183 Managing Risk 185 Chapter 12: Trading Laggards 187 What Is a Laggard? 187 If It Looks Like a Laggard, and It Smells Like One 188 Watchlists 188 Sectors 188 News and Laggards 192 Chapter 13: Trends Are Your Friends 193 Stick with the Trend! 194 Window Dressing 196 Earnings Runners 199 FOMC Runs 206 The January Effect 210 Chapter 14: Finding Your Own Animal Spirit 215 Next Steps 215 Choices 216 Laws of Attraction 216 Are You a Leopard? 218 Chapter 15: Zen and the Art of Rich 221 Society 221 Control 222 Money 223 Cockroaches 224 Integrity 225 Zen 226 Chapter 16: What Animal Spirit Are You? 229 About the Author 231 Index 233

Szczegóły: The Art of Trend Trading - Michael Parness

Tytuł: The Art of Trend Trading
Autor: Michael Parness
Wydawnictwo: John Wiley
ISBN: 9781119028017
Rok wydania: 2016
Ilość stron: 256
Oprawa: Twarda
Waga: 0.51 kg

Recenzje: The Art of Trend Trading - Michael Parness