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Finding Your Trading Method (Traders World Online Expo Books Book 2), by Larry Jacobs, Darrel Martin, Alan Oliver, Lars von Thienen, John
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Finding your trading method is the main problem you need to solve if you want to become a successful trader. You may be asking yourself, can I find my own trading method that will reflect my own personality toward trading? For example, do you have the patience to sit in front of a computer and trade all day? Do you prefer to swing trade from 3-5 days or do you like to hold positions for weeks and even months? Every trader is different. You need to find your own trading method.
Finding out your trading method is extremely important to produce a profitable benchmark that can be replicated in your live account. Perhaps the best way to find a successful trading method is to listen to many expert traders to understand what they have done to be successful. The best way to do that is to listen to the Traders World Online Expos presentations. This book duplicates what these experts have said in their presentations, which explains what they have done to find their own trading method.
If you have a trading method that gives you a predictable profit, then that type of objectivity contributes to your trading edge. The problem with most traders is that being inconsistent will never allow them to have an edge. After you find your trading method that you feel comfortable with, you must have the following:
An overall plan to:
1) Set your rule set and plan and then stick with it in all of your trading.
2) To give you a trading plan for every day.
The trade plan then should:
1) Have an exact entry price
2) Have a stop price
3) Have a way to add positions
4) Tell you where to take profits
5) Have a way to protect your profits
By reviewing all the methods given in this book by the expert traders, it will give, you the preliminary steps that you need to find your footing in finding your own trading method.
Reading this book and by seeing the actual recorded presentations on the Traders World Online Expo site can act as a reference tool for selecting your method of trading, investment strategies and tactics.
It took many of these expert traders in this book 15 – 30 years to finally come up and find the answers to find their trading method to make consistent profit. Finding your trading method could be then much easier when you read this book and incorporate the techniques that best fit your personality and style from these traders. This book will enable you to that fastest way to do that.
So if you want help to find your own trading method to be successful in the markets then buy and read this book.
- Sales Rank: #759273 in eBooks
- Published on: 2014-01-04
- Released on: 2014-01-04
- Format: Kindle eBook
Most helpful customer reviews
2 of 2 people found the following review helpful.
More advertisement - than anything -
By Omar Ignacio
More of an Advertisement for a lot of other traders and their systems... but not that bad. If its free... because that's what it is --- an advertisement.
It is actually LOTS of advertisements. Each chapter is written by different authors and it is more of an INTRO to their individual systems.... Not really anything that's that much helpful really.
It would be good if it was more free than anything - since it is really an advertisement.
You could just GOOGLE all the authors and save yourself the $7bucks actually....
0 of 1 people found the following review helpful.
A must read for all traders
By Chris Bartell
This book covers a wide spectrum of trading ideas and concepts. All traders should be able to benefit from the diversified trading styles and methods presented. This is an outstanding way to acquaint a reader with a variety of excellent trading information.
20 of 20 people found the following review helpful.
Not worth your time
By Mark Thomas
The authors of this tome should be paying YOU to read the book. Why? Because the book is simply a collection of
advertisements for their individual online seminars, trading rooms, trading software, etc. In fact, the chapters of the book
are meant to interest you in the authors' online sales presentations, er, seminars at a website for Traders World Online
Expo. So the book is an advertisement for advertisements, a first in my experience.
The "book description" is intentionally misleading. Anyone who gave this book 5 stars should be ashamed of themselves.
I have requested, and received, a full refund from Amazon.
See all 25 customer reviews...
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