7 Simple Strategies of Highly Effective Traders
03 November 2014Synopsis
A practical guide to the straightforward and winning strategies of successful traders
Trading is best kept simple and focused – that is the way to win. The most successful traders will tell you that they use only a small number of strategies, applying them time after time. A common mistake of losing traders, however, is to overly complicate what they do, using many different strategies at one time, or leading a never-ending search for new strategies.
In 7 Simple Strategies of Highly Effective Traders, Alpesh Patel and Paresh Kiri provide a practical guide to seven technical analysis trading approaches that are simple, effective and easy to put into practice. These are the kind of strategies professional traders use to manage their trading. Throughout, readers will benefit from the trading insight and expert chart commentary of two vastly experienced traders.
Included are strategies for breakout with volume, event trading, mean reversion, moving averages, short-term day trading, and more.The strategies can be used on a wide range of instruments, from equities to forex, bonds and commodities. Most of the approaches can also be used equally on UK, US or international markets.
Don't waste money cycling through strategies, pursuing the Holy Grail – follow the winning approach of the pros and keep things simple.
Details
03 November 2014
9780857192387Reviews
An absolutely brilliant book. To the point, direct, no time wasting. Stop looking elsewhere. This is the one.
In summary this book is a suitable primer for new or some experienced traders who are searching for one or clear and simple strategies that are well-known.
