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This book offers you a simple and reliable trading system that you can use right away with no guessing or tweaking required. It comes with a trend filter that helps you to understand the strength of the existing trend, and a momentum filter that you can tweak to fit your own trading style and to increase its robustness.
The mechanics of this system were first unveiled in a public forum several years ago. The author takes it to the next level by using daily charts as the primary trading time frame and adding a trend and momentum filter. If you follow this system correctly, you will be taking only high probability trades. The system will keep you in the trade for as long as the trend is running strong so that you will not be leaving money on the table by exiting too soon. With this system in your trading arsenal, you will not be making the mistakes most traders made, especially, over-trading and over-analyzing, the main reasons why most traders are not profitable.
This book is a must read for anyone starting their journey into trading, or even experienced traders that are not getting the results they want from trading. It is ideal for people who work full time or those with busy schedules.
In this book, you'll learn how successful traders make money by consistently trading trends - and how you can copy that success. You'll learn these essential Trend Trading skills:
* How to choose the right time frame to trade
* How to tell whether the market is trending and whether the existing trend is (a) stable and strong or (b) about to end
* How to enter a trade only when the trend is strong and exit a trade only when the trend is about to end
* How to maximize your profit by the aligning market cycles, momentum and trends across multiple time frames
* How to pick a direction to trade so that you wouldn't be trading against the dominant trend
* How to manage risks by diversifying and position sizing your trading portfolio
* How to scan the market to find the best securities to trade
This book is short and can be easily finished within a couple of hours. It provides simple and easy to follow trading rules, and can dramatically change your financial prospects! For less than what you would pay in commission on one trade, this book to be the best investment (of money and time) you have ever made.
If you want to fast-forward your learning curve and learn to trade effectively as quickly as possible, read this book and give yourself a head start against the 90% of traders who consistently lose.
