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This book is a valuable compendium of select tried and tested short term trading strategies. Followed with discipline and patience, these strategies can help you build solid wealth in the stock market.
The book starts with an explanation of the key concepts of technical analysis that underlie trading. The big advantage of technical trading is that it eliminates guesswork since the risk, namely the worst-possible outcome of a trade, is known in advance even before a trade is initiated.
Each trading strategy is explained in detail with entry, stop loss and exit rules and illustrated with real-life examples and charts. Find out:
The logic of technical trading
The key tools: charts and trends
Proven trend trading strategies
How to trade support and resistance
Strategies for trading trend lines
Strategies for trading reversal and continuation patterns
How to profitably trade gaps
Retracement trading strategies
Tried and tested trading strategies using leading and lagging indicators
Mechanical trading strategies
Introduction to algorithmic trading strategies
And, lot's more.