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Book of the Week History

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Retail
Price: $39.95
Our Price: $27.97
Author: Marcel, Link,
Item #: 1169715
Pages: 288
ISBN: 0071381562
Publisher: McGraw Hill
Format: Book: Hard Cover
Date Published: March 2003
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High Probability Trading
This clear and concise book shows
you how to trade only when the odds are in your favor. From descriptions
of the software and equipment an exceptional trader needs... to
high probability signals that either a top or bottom has been reached,
it is today's most complete guidebook to thinking like an exceptional
trader--every day, on every trade.
"The Goal Is to Teach All Traders to Think with
the Mindset of a Successful Trader..."
While successful trading requires tremendous skill and knowledge,
it begins and ends with mindset.
* What do exceptional traders think when they purchase a
quality stock and the price immediately plummets?
* How do they keep one bad trade from destroying their
confidence--and bankroll?
* What do they know that the rest of us don't?
"It's not how good you are at one individual thing,
but it's the culmination of every aspect of trading that makes one
successful."
Before he became a successful trader, Marcel Link spent years wading
from one system to the next, using trial and error to figure out
what worked, what didn't, and why. In High Probability Trading,
Link reveals the steps he took to become a consistent, patient,
and winning trader--by learning what to watch for, what to watch
out for, and what to do to make each trade a high probability trade.
"Why do a select few traders repeatedly make money
while the masses lose? What do bad traders do that good traders
avoid, and what do winning traders do that is different? Throughout
this book I will detail how successful traders behave differently
and consistently make money by making high probability trades and
avoiding common pitfalls..."--From the preface
This book emphasizes 10 consistent attributes of a successful trader,
and how to make them work for you. Strategies for controlling emotions
in the heat of trading battle Technical analysis methods for identifying
trends, breakouts, reversals, and more. Market-tested signals for
consistently improving the timing of entry and exit points. How
to "trade the news"--and understand when the market has
already discounted it
While it is a cliché, it is also true that there are no bad
traders, only bad trades. Let High Probability Trading show you
how to weed the bad trades from your trading day by helping you
see them before they occur. Packed with charts, trading tips, and
questions traders should be asking themselves, plus real examples
of traders in every market situation, this powerful book will first
give you the knowledge and tools you need to tame the markets and
then show you how to meld them seamlessly into a customized trading
program--one that will help you join the ranks of elite traders
and increase your probability of success on every trade.
To view the table of contents or order this book Click
Here
Click Here to go back to Book of the Week
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