In Just a Trade a Day, Jardine has used his extensive background in Fibonacci theory to build an easy-to-use trading system. By combining his own Jardine Range and what he has dubbed the “Universal Chart,” he is able to find that one trade a day that all traders are looking for―and with this book, he will show you how to do the same. His trading system can be used in any market and in any time frame; applied right out of the box, or to complement your current trading methodology.
If New Frontiers is a field guide, then Just a Trade a Day is the owner’s manual. It is a concise manual to the most objective and consistent trading system that I have ever come across. I know because I used the tools that I introduced in New Frontiers to create the system, and I have used it consistently and successfully for the past six years since New Frontiers was published.
To create a system, it is important to have objectives. Some people like the excitement of trading all day long. Some enjoy high risk for high reward—Las Vegas is a good place for people like that. My objectives are a bit more realistic, at least to my own sensitivities: I want to minimize my trading to the one or two clear, easily measurable points in each day when a successful trade is most likely. I am not interested in catching a giant fish.
I am not interested in netting hundreds of minnows. I want to sit by the bank of the river, enjoy the gurgling sound of rushing water, enjoy my book, then—when the time is right—drop the line in the water, catch a fish, and go home, each day. I do not want to waste my time chatting with other traders who will confuse me with their methods and their fish tales. I do not want to be tempted each time the market jumps up or down, or moves sideways. And I couldn’t care less about missing “the big trade” when the market takes off in a particular direction. I just want my one trade a day.
So I used the techniques in New Frontiers in Fibonacci Trading to create a logical system for trading, what I call the Jardine Range. It may work for you straight out of the box. It may complement a method or system that you are already using. Either way, I hope that Just a Trade a Day will deliver consistency and objectivity to your trading, while removing stress and endless hours in front of the screen, so that you can spend your valuable time on what is truly important to you. Like fishing. Or just listening to the sounds of a gurgling stream.
- In a Nutshell
- The Market Profile
- The Virgin Point of Control
- The Jardine Range
- Getting In: The Oscillator
- Getting Out: Average Range
- Jardine Range and The Universal Chart
- Trade Types
- The Hard Part
- Back To Fibonacci: Jardine Trimesters
Just a Trade a Day: Simple Ways to Profit from Predictable Market Moves By Michael Jardine pdf