In this book, the authors dissect each of 15 chosen trades, using the material to expose some of the best and worst practices of a Forex trader. The book weaves a plethora of Global-View. Each description will include how the trade was selected and why it was made, as well as money management and psychological aspects of the trade. Entertaining anecdotal stories are interspersed throughout each trade story.
Bland is cofounder of Global-View. Prior to this, he was a bank forex consultant, fund manager, and independent trader. Meisler is cofounder of Global-View. Prior to this, he was an interbank dealer, fund manager, and independent trader.
Archer has been involved in the futures and FOREX markets for three decades as a trader, writer, money manager, and systems developer. In 16 chapters filled with facts and many historical examples Futia explains the principles and practice of contrarian trading. Discover the Edge which separates winning speculators from the losers.
Find out how to apply the No Free Lunch principle to identify profitable trading methods. Learn about the wisdom and the follies of investment crowds — and how crowds are formed by information cascades that drive stock prices too high or too low relative to fair value. You will watch Futia apply these principles of contrarian trading to navigate safely and profitably through the last 26 tumultuous years of roller coaster swings in the U.
Watch the Contrarian Rebalancing technique in practice during the dot. Find out when the Aggressive Contrarian Trader bought and sold during the bull market of Read about the causes of the Panic of and ups and downs of contrarian trading during that dangerous time. Futia shows you how the market turning points during the period were foreshadowed by magazine covers and newspaper headlines that astonishingly and consistently encouraged investors to do the wrong thing at the wrong time.
By monitoring crowd beliefs revealed by news media headlines — and with the guidance provided by the many historical examples Futia provides — a trader or investor will be well-equipped to anticipate and profit from market turning points.
Volatility-Based Technical Analysis bridges the advantage gap between resource rich institutions and individual traders. With this in hand, any trader can "trade the invisible" by seeing a hidden mathematical structure on the price chart. Author Kirk Northington reveals his proprietary volatility indicators that serve as a market early warning system.
Northington extensively teaches you how to build your own indicators, test them, and incorporate your original components into your specific trading methods. Written with the serious trader in mind, Volatility-Based Technical Analysis has what you need to successfully trade today's institutionally dominated markets. Simply written, motivational with unique content that leads any trader, novice or experienced, along the path of self-coaching.
This is by far Dr. Steenbarger's best book and a must-have addition to any trader's bookshelf. I'll certainly be recommending it to all my friends. Steenbarger has been helping traders help themselves for many years.
Simply put, this book is a must-read for anyone who desires to achieve great success in the market. Brett', as he is affectionately known by his blog readers, has assembled a practical guide to self coaching in this excellent book.
The strategies he outlines are further enhanced with numerous resources and exercises for the reader to refer to and keep the principles fresh. I enthusiastically encourage anyone interested in bettering their trading and investing to read this book and keep it on their desk as a constant source of learning. Those lessons provide effective strategies for coping with the stumbling blocks that traders often face.
This book should be a cornerstone of any serious trader's library. Vince introduces a leverage-space portfolio model, tweaks it for the drawdown probability, and delivers a superior model. He even provides equations to maximize returns for a chosen level of risk. So if you're serious about making money in today's markets, buy this book. Bulkowski, author, Encyclopedia of Chart Patterns. Though traders routinely speak of their 'edge' in the marketplace and ways of handling 'risk,' few can define and measure these accurately.
In this book, Ralph Vince takes readers step by step through an understanding of the mathematical foundations of trading, significantly extending his earlier work and breaking important new ground.
His lucid writing style and liberal use of practical examples make this book must reading. In this masterly contribution, Ralph builds on his early pioneering findings to address the real-world concerns of money managers in the trenches-how to systematically maximize gains in relation to risk. What does bet sizing have to do with investing?
The answer to that question and many more lie inside this iconoclastic work. Want to make the most of your investing skills Open this book. While the Foreign Exchange Forex market can be a very profitable place, you must have a firm understanding of how to operate within this environment if you intend on achieving any success.
This reliable resource-written for both newcomers and those with some Forex experience-puts trading world currencies in perspective, and shows you exactly what it takes to make it in this field. On the heels of the recent market crash, this fully revised Third Edition is filled with in-depth insights and practical advice that takes into account all of the recent changes in the currency market and shows you how to profit from them.
Grace Cheng highlights seven trading strategies, each of which is to be applied in a unique way and is designed for differing market conditions. She shows how traders can use the various market conditions to their advantage by tailoring the strategy to suit each one. This revealing book also sheds light on how the FOREX market works, how you can incorporate sentiment analysis into your trading, and how trading in the direction of institutional activity can give you a competitive edge in the trading arena.
This invaluable book is ideal for new and current traders wanting to improve their trading performance. Filled with practical advice, this book is a must-read for traders who want to know exactly how they can make money in the FOREX market.
The foreign exchange Forex market has quickly become the market of choice for traders looking to increase their profit potential. The combination of high liquidity and low transaction costs-as well as twenty-four-hour accessibility-has attracted the attention of both new and veteran traders. In The Forex Chartist Companion, authors and active Forex traders Michael Archer and James Bickford provide a visual window into the behavior of the Forex market along with detailed information on the mechanics of day trading, market entry timing, and much more.
With this book as your guide, you'll not only become familiar with innovative software and charting systems that provide a graphical interpretation of the markets, but you'll also discover how to instantly see patterns throughout those markets. Filled with numerous charts-annotated with Archer's insight into the material-and in-depth information regarding charting theory, The Forex Chartist Companion will help serious traders use technical indicators to enter this market with confidence and exit with profits.
Getting Started in Currency Trading, Fourth Edition is both an introduction and a reference manual for beginning and intermediate traders. The FOREX market has grown substantially and evolved dramatically in recent years, and this new edition is designed to help the reader to adapt and take advantage of these changes. Including coverage of how to open a trading account, a step-by-step walk through the physical processes of placing and liquidating currency orders, and information on trading strategy and tactics complete with fundamental and technical analysis, the book has everything needed to assist the trader in the decision making process.
This new edition of Getting Started in Currency Trading contains significant new information, including a chapter on computers and FOREX, managed FOREX, and new information about regulation, alongside the author's successful trading plan, designed to help the reader put it all together.
Forex Essentials in 15 Trades: Traders are constantly learning their craft. Those who do not share information, discuss tactics and review prior trades are doomed for failure.
It is the leading destination for Forex traders looking to learn and discuss trading. With over 33, registered users from countries, Global-View. The Art of Contrarian Trading: Why is it so hard to beat the market? How can you avoid getting caught in bubbles and crashes?
A framework for creating volatility-based technical analysis and trading it for profit Volatility-Based Technical Analysis bridges the advantage gap between resource rich institutions and individual traders. Walks traders through the mathematical techniques needed to create indicators that fit their own style Illustrates volatility-based entries and exits with over descriptive chart examples Introduces two new concepts in technical analysis: Volatility Shift and PIV Written with the serious trader in mind, Volatility-Based Technical Analysis has what you need to successfully trade today's institutionally dominated markets.
The Daily Trading Coach: KirkThe Kirk Report "'Dr. The Handbook of Portfolio Mathematics: The Handbook of Portfolio Mathematics "For the serious investor, trader, or money manager, this book takes a rewarding look into modern portfolio theory. Bulkowski, author, Encyclopedia of Chart Patterns "This is an important book.
A simple guide for using Japanese candlesticks correctly, and profitably Candlesticks have gotten a lot of attention lately, but few traders truly know how to use them wisely and profitably. Without the proper context, candlestick charting won't work. With the Great Market Cycle, candlesticks reveal their powerful and simple logic and give traders the insight and context they need to use them successfully.
Using these insights, readers will be able to trade each market phase in accordance with his or her own personal strategy. Getting Started in Currency Trading: An accessible introduction to trading currencies While the Foreign Exchange Forex market can be a very profitable place, you must have a firm understanding of how to operate within this environment if you intend on achieving any success.
Guides you through the process of opening your own account as well as the actual placing and managing of currency orders Offers specific trading strategies and tactics A companion Web site will provide updates on brokers and FOREX services; an author's Blog will answer your questions about all aspects of trading Includes a new chapter on Forex trading platforms The often confusing FOREX calculations are reduced to handy computer-side tables On the heels of the recent market crash, this fully revised Third Edition is filled with in-depth insights and practical advice that takes into account all of the recent changes in the currency market and shows you how to profit from them.
Getting Started in Currency Trading is both an introduction and reference tool for beginning and intermediate foreign exchange Forex traders. This information-packed resource opens with a description of the Forex market and a section of clearly defined Forex terms with examples. You'll learn how to open your own trading account by following step-by-step instructions and numerous screen shots that show you what expect inside a dealer's trading platform. You'll walk through the physical process of placing and liquidating currency orders.
Later chapters introduce various trading strategies and tactics in detail, along with some fundamental and technical analysis that will help you win in the exploding foreign exchange trading market. It is good to see a book that emphasizes the importance of other elements, such as money management, which are crucial to master if one is to stay in this game. Divided into four comprehensive parts, this reliable resource opens with a brief overview of traditional FOREX strategies.
From here, author Michael Duane Archer outlines his own personal codex-as he guides you through the process of developing yours-and reveals how to use this approach to make, monitor, and exit a trade. Along the way, Archer reveals the best ways to implement your strategy and discusses the importance of consistently keeping trading records. In his previous book, Getting Started in Currency Trading, Archer set a solid foundation for trading the currency market by illustrating how it operated.
Now, with Getting Started in Forex Trading Strategies, Archer goes a step further by showing you how to cultivate a personal trading strategy that will allow you to succeed within this dynamic environment. Frequently, they will complain that a strategy doesn't work. Few people understand that successful trading of the FOREX market entails the application of the right strategy for the right market condition.More...