Events of the past decade have proven beyond doubt that buy-and-hold strategies don’t work in bear markets. Market timing, however, is extraordinarily effective in declining markets—and it provides positive returns in bull markets, as well.
All About Market Timing, Second Edition, offers easy-to-use market-timing strategies you can weave into your investment approach. And it’s not as complex as you may think. In no time, you’ll master the skills you need to maximize profits while minimizing risk—no matter what direction the market takes. Devoid of the incomprehensible jargon and complex theories of other books, All About Market Timing covers:The five most profitable strategies for timing the market The best market-timing resources available today, from newsletters to Web sites to advisors Four indicators for determining the market’s health Techniques for timing even the most bearish of markets
The use of price patterns is changing the face of technical analysis and trading. In Martin Pring on Price Patterns, today’s unquestioned technical trading master covers all key aspects of technical analysis as they apply to price patterns, in text and examples that are clear, convincing, and easy to understand.
Pring then goes on to provide a complete, in-depth examination of today’s most widely used price patterns, explaining which work better than others and why. Traders will value this book, as they do all of Pring’s books, for its:Insights into widely used one- and two-bar patterns Examination of outside bars, reversals, pennants, and more Bonus DVD featuring recordings of Pring’s most popular seminars
This no-nonsense, easy read, meant to be referenced by traders every trading day, covers everything from potent trading strategies to intuitive insights on psychology and discipline. Proving once again that the best teacher is experience, Tools and Tactics for the Master Day Trader will help any trader log on with the technical skills, market knowledge, and confidence they need to capture more winning trades, and reap new profits.
The Master Swing Trader Toolkit is a powerful application-oriented handbook that shows you how to identify and grow wealth from the opportunities resulting from the steep market crash. Additionally, this full-service volume offers prescriptions for prospering in the postcrash environment and provides guidance for finding new, reduced-risk market prospects during virtually any economic scenario to come.
The author’s trading style has evolved since the publication of The Master Swing Trader. This follow-up companion helps you adapt and gain an edge as the author has, specifically in the vein of “defensive trading,” to achieve profitability in the modern electronic markets.
Because The Master Swing Trader Toolkit is a survival guide for the real world, Farley presents an abundance of authentic case studies to show his defensive trading strategies in action, and he illustrates a broad variety of other patterns and observations acting in specific market scenarios.
The Master Swing Trader Toolkit prepares you for success in the financial landscape of today and tomorrow with insightful, up-todate coverage on:Cross-market analysis Convergence-divergence relationships Relative strength Managing multiple positions Remote trading Risk management
At its core, The Master Swing Trader Toolkit: The Market Survival Guide is a book about tape reading. The ticker tape is immune from manipulation, deconstruction, regulation, and fragmentation, which makes it the most powerful tool for attaining wealth. Get the most out of what you read by starting with The Master Swing Trader Toolkit.
“Mastering the Trade is an excellent source for a basic understanding of market action, be it day and/or longer-term trend trading. A programmer will have a field day with the many ideas that are in this book. It is highly recommended.”
—John Hill, president of Futures Truth magazine
“John Carter’s new book focuses quickly on the critical area of trader psychology, a realm that will often separate the trader from his wallet if it is not mastered first. The in-depth trading strategies clearly show how to respond to market moves based on real-world examples.”
—Price Headley, founder of BigTrends.com and author of Big Trends in Trading
“Well written and packed with the kind of insight about the nature of trading and the markets that can surely benefit every level of trader.”
—Mark Douglas, author of Trading in the Zone and The Disciplined Trader
“This is a must read for all new traders, specifically for the psychological aspect of trading. I am recommending it to all of my clients.”
—Carolyn Boroden, FibonacciQueen.com
About the Book:
When it was first published in 2005, Mastering the Trade became an instant classic in the world of day trading. Now, veteran day trader and educator John F. Carter has updated his time-proven swing trading technique to help you succeed in an environment vastly transformed by volatility and technology.
Universally acclaimed for its sophisticated yet easy-to-execute methods, this practical, results-driven guide provides everything you need to make a lucrative career as a day trader—from preparing yourself psychologically for the unique demands of day trading to timing the market, managing risk, and planning future trades.
Mastering the Trade sets aside timeworn basics and rehashed ideas to examine in detail the underlying factors that cause prices to move. Providing the tools you need to make the right decisions at the right times, it helps you enter market shifts early and either pull out before losses accrue or hang on for a long and refreshingly predictable ride. Mastering the Trade covers:The five psychological truths that will transform you from a mistake-prone novice into a savvy trading professional Exact entry, exit, and stop-loss levels for the intraday trading of stocks, options, ETFs, e-mini futures, 30-year bonds, currencies, and more Seven key internals, from $TICKS to five-minute volume—critical for gauging pending market direction from the opening bell Premarket checklists for analyzing recent market behavior and calculating on each trading day what you plan to do, how you plan to do it, and why Airtight risk control techniques for protecting trading capital—the most important component of a professional trading career
After spending many years on various trading desks, Carter has developed an intuitive understanding of how the markets work. In Mastering the Trade, he gives you unlimited access to everything the markets have taught him—so you can make an exceptional living on the frontlines of professional trading.
When dealing with the topic of risk analysis, most books on investments treat downside and upside risk equally. Preparing for the Worst takes an entirely novel approach by focusing on downside risk and explaining how to incorporate it into investment decisions. Highlighting this asymmetry of the stock market, the authors describe how existing theories miss the downside and follow with explanations of how it can be included. Various techniques for calculating downside risk are demonstrated.
This book presents the latest ideas in the field from the ground up, making the discussion accessible to mathematicians and statisticians interested in applications in finance, as well as to finance professionals who may not have a mathematical background. An invaluable resource for anyone wishing to explore the critical issues of finance, portfolio management, and securities pricing, this book:Incorporates Value at Risk into the theoretical discussion Uses many examples to illustrate downside risk in U.S., international, and emerging market investments Addresses downside risk arising from fraud and corruption Includes step-by-step instructions on how to implement the methods introduced in this book Offers advice on how to avoid pitfalls in calculations and computer programming Provides software use information and tips
Since The Compleat Day Trader was first published, the tools available to day traders have become incomparably more efficient and effective, thereby dramatically increasing your chances of success. On the flip side, day trading is much riskier and faster paced than ever before. Staying current isn't an option for the serious day trader--it's an absolute necessity.
Jake Bernstein has revamped his bestselling guide, The Compleat Day Trader, to bring you fully up to date on his trading model, methods, and indicators, all of which are designed to help you take advantage of dramatically increased volatility in the global stock, futures, and forex markets.
In order to generate profits consistently, you need to define your intraday time frames, implement a specific trading model, and develop objective and operational procedures.
The Compleat Day Trader walks you through these critical processes step by step to help you execute with focus, logic, and objectivity--no matter how volatile the markets may be. Bernstein’s powerful and clear tools are designed to give you the advantage you'll need. Learn about his:MA Channel Swing Trade with Triggers and Setups MAC Patterns and Signals Power Momentum Day-Trade Formula MACD Divergence Setups and Triggers Gap Day-Trade Method Profit-Maximizing Strategies Media Day-Trade Strategy
For fifteen years, traders around the world have been relying on The Compleat Day Trader to help them achieve the highest possible levels of performance. Bernstein presents trading tools and methods that are clear and objective, unlike the mythical, magical, or subjective tools that are so common these days.
This refreshed, updated edition of The Compleat Day Trader provides you with the knowledge you need to make handsome profits while lowering your exposure--so you can rise to the top echelon of day traders.
Over the years, market developments have proven the wisdom of Graham’s strategies. While preserving the integrity of Graham’s original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today’s market, draws parallels between Graham’s examples and today’s financial headlines, and gives readers a more thorough understanding of how to apply Graham’s principles.
Vital and indispensable, The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.