Mastering Trade Selection and Management: Advanced Strategies for Long-Term Profitability - Jay Norris, Al Gaskill

Mastering Trade Selection and Management: Advanced Strategies for Long-Term Profitability

, (Autoren)

Buch | Hardcover
240 Seiten
2011
McGraw-Hill Professional (Verlag)
978-0-07-175498-9 (ISBN)
54,85 inkl. MwSt
A step-by-step program for properly managing a trade from entry to exit, for lower risk and higher profits; shows intermediate to advanced traders how to gain a significant advantage by tracking market-altering events and adjusting their timing accordingly
Proven Trading Techniques for Lowering Risk and Increasing Profits

In Mastering Trade Selection and Management, market strategist Jay Norris provides proven strategies for generating profits on a consistent basis—under all economic conditions. The secret lies not in predicting the market but rather in carefully managing your trade from beginning to end.

Norris gives you step-by-step instructions for selecting a market to trade, and determining which direction to trade the market, what to look for prior to trading, and when to enter and exit a trade. Mastering Trade Selection and Management takes the guesswork out of trading by showing you how to:

Measure the effects employment, government interest-rate policy, and consumer confidence have on a marketDetermine what levels need to be breached to signal a change of trendImplement a monitoring system to gauge when the current trend is holding or changingAnalyze markets down to an intraday level to identify historical support and resistance levelsAvoid emotional pitfalls that might lead you to make poor decisions—such as exiting a trade too early or failing to pull the trigger on a trade signal
Norris’s simple five-step system for trading will make you a more consistent and profitable trader. Using the wealth of graphs, charts, and trading examples inside, you can research, set up, and test your trades in order to fine-tune them for the real world. You risk no money and qualify yourself to make more trades that are lucrative.

From planning to execution to exit, the blueprints to the fine art of trading are now in your hands with Mastering Trade Selection and Management.

Jay Norris is the Chief Market Strategist and host of Live Market Exercise for Clovernest Financial Group in Chicago (www.clovernest.com). He worked on the trading floor of the Chicago Board of Trade throughout the 1980s and 1990s in various roles before moving to the customer side of the business in 2001. He has published several articles about trading in Technical Analysis of Stocks & Commodities magazine. Norris is the coauthor of Mastering the Currency Market. Al Gaskill has nearly 40 years of trading experience. He is a founder of Trading-U.com and coauthor of Mastering the Currency Market.

Preface: Intro - Behavioral Method Defined;PART 1- Market Overview; Chapter 1: Overview - Your Daily Ritual; Chapter 2: Trending & Counter-Trending Markets & Higher Time Frame Confirmation;Chapter 3: Pre-Trade Checklist: Trends Identified & Current Environment Defined; Chapter 4: Wildcards: Retracements on Higher Time Frames & Chart Patterns; Chapter 5: Strength & Weakness Reading - Divergence Between Price and Momentum; Chapter 6: Pre-Trade Checklist Re-visited; Chapter 7: Multiple Time frames; Chapter 8: Overview Order of Operation; PART 2- Set-up; Chapter 9: What is the Set-up?; Chapter 10: Higher time frame confirmation re-visited – Don’t think twice; Chapter 11: Using both Higher & Lower time-frames to focus on Set-up; Chapter 12: Role of Technical Indicators – Price First Momentum Next; PART 3- Fact Based Triggers Defined & Trade Entered; Chapter 13: Change of Direction Defined; Chapter 14: Change of Direction with Trendline Break – No Choice; Chapter 15: Moving Average Triggers; Chapter 16: Technical Indicator confirmation; Chapter 17: Trend Triggers; Chapter 18: Counter-trend Triggers; Chapter 19: Times to pass on Triggers; Chapter 20: Pattern of highs and low; Chapter 21: Momentum; PART 4- Trade Management; Chapter 22: Stop placement; Chapter 23: Price Follow thru and Trade Management; Chapter 24: Sideways price action and Trade Management; Chapter 25: Price Failure and Trade Management; PART 5- Trade Examples; A. Forex Trending Daily; Forex Swing Daily B. Forex Trend intraday; Forex Swing intraday; C.Stocks Daily; D. Stocks Intraday; E. Commodities Daily; F. Commodities Intraday; PART 6- Conclusion

Zusatzinfo 110 Illustrations, unspecified
Sprache englisch
Maße 160 x 236 mm
Gewicht 492 g
Themenwelt Sachbuch/Ratgeber Beruf / Finanzen / Recht / Wirtschaft Geld / Bank / Börse
Wirtschaft Betriebswirtschaft / Management Finanzierung
ISBN-10 0-07-175498-9 / 0071754989
ISBN-13 978-0-07-175498-9 / 9780071754989
Zustand Neuware
Haben Sie eine Frage zum Produkt?
Mehr entdecken
aus dem Bereich
1000 ganz legale Steuertricks : der Ratgeber für alle Steuerzahler …

von Franz Konz

Buch | Softcover (2023)
Knaur Taschenbuch (Verlag)
17,00
das Arbeitsbuch zur Steuererklärung für Rentner und Pensionäre

von Knaur Taschenbuch

Buch | Softcover (2024)
Knaur Taschenbuch (Verlag)
15,00
der Bestseller über die richtige Anlagenstrategie

von Benjamin Graham

Buch | Softcover (2024)
FinanzBuch Verlag
25,00