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Here is a simple and reliable method to make money in the stock, ETF, futures, and forex markets without quitting your day job.
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 make, 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 who 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 would 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.
Tags: trend trading, swing trading, momentum trading, dual momentum trend trading, double momentum, make money in stock market, make money in futures, make money in forex, trading mistakes, diversification, trading rules, scanning the market, market cycles, multiple time frames, enter a trend, exit a trend, risk management
About the Author: Lee Tang is a retired executive of a major global insurance company. Prior to his retirement, he has worked as an actuary, a risk officer and a chief financial officer for several major insurance organizations in the United States, Canada, and Taiwan. To learn more about Lee and his work, visit his website and blog at https: //lmtpress.wordpress.com. You can reach him by email at leetang888@gmail.com