Powerful -tools of the trade- for traders and investors of every ilk--from day traders to position traders to buy-and-hold investors
Trading systems shouldn't be as complex as the markets themselves. But finding a simple trading system capable of filtering out all the noise and extracting gold from the ore of raw market data can take years of frustrating and expensive trial and error. Unless, that is, you have a wise and patient mentor like Peter Pham.
The Big Trade combines Pham's account of his personal journey on the road to trading success--and the powerful lessons he learned along the way--with valuable insights into the strategies of some of the most successful traders of all time. He describes how, through years of testing, analysis, and practice, he arrived at the principles and practices that form the basis of his trading system--a system with which he has achieved nothing less than astonishing success.
The Big Trade delivers:
A holistic trading system based on a deep understanding of how the market is structured and how it behaves as well as time-tested trading principles and practices A simple, highly effective method for assessing risk and reward and finding high-probability opportunities that's as easy to learn as it is to use Basic math and charts that help you to clearly define past trading behaviors for specific stocks--without gimmicks or magic formulas Powerful analytical techniques that go beyond traditional price analysis to focus on price trend probabilities across an array of time intervals Proven strategies for trading success adapted from trading legends, such as Toby Crabel and Victor Niederhoffer Keen insights into human behavior and pattern recognition and how to translate that knowledge to stock trading success. Arming you with a simple, proven approach to assessing the markets and defining your odds of success when making a trade, The Big Trade is a must-have resource for traders and investors of all styles and levels of experience--from novice day traders to seasoned institutional investors.show more