The Simple Strategy – A Powerful Day Trading Strategy For Trading Futures, Stocks, ETFs and Forex
$12.92
Learn A Powerful Day Trading Strategy In Less Than 60 Minutes A profitable trading strategy is the most important tool for a trader. This book explains a powerful trend-following day trading strategy for trading futures, stocks, ETFs and Forex.
Introduction:
“The Simple Strategy” is a powerful trend-following strategy. It’s very popular among traders because of the following benefits:
- Clear Entry Rules: When trading “The Simple Strategy”, there’s no second-guessing. As you will see, the entry rules are based on indicators – and these rules are black and white. Either the MACD is above the zero line or it isn’t. And either the RSI is above 70 or it isn’t. The entries are easy to identify and execute. That’s why this strategy is called “The Simple Strategy”
- Clear Exit Rules: When trading “The Simple Strategy” you’ll know when to exit even before you enter the trade. So, you know exactly how much to risk on any given trade which is essential for precise position sizing and money management. Plus, you can put the trade on auto-pilot once your entry order is filled. This keeps trade management to a minimum. Many traders fail because they over-manage their trades. Using the exit rules of “The Simple Strategy” you won’t run the risk of over-managing your trades. It’s like the “Showtime Rotisserie” – You set it, and forget it 🙂
- Taking advantage of small intraday trends: Trends are short-lived. The times when you could enter the market in the morning and exit the market in the afternoon are over. These days the markets can turn on a dime. Low trading commissions and computerized trading have destroyed the nice and long intraday trends. However, with “The Simple Strategy” you can take advantage of the small intraday trends that we are seeing in today’s markets since we are only trying to capture 15% of the average daily range. More about this later.
- You don’t need a sophisticated trading software: As you will see, you only need a charting software with “basic” charting capabilities: Your charting software needs to be able to plot RANGE BARS, BOLLINGER BANDS, MACD and RSI. More than 90% of the charting software packages that are available today have these capabilities. There’s no need to buy any proprietary indicators or expensive charting software!
In short: “The Simple Strategy” can greatly simplify your trading. Using this strategy has helped ME tremendously in my own trading.
Contents:
- Chapter 1: How The Simple Strategy Can Help You In Your Trading
- Chapter 2: Can You Make Money If Half Of Your Trades Are Losing Trades?
- Chapter 3: What Makes The Simple Strategy So Powerful?
- Chapter 4: How To Set Up Your Charts For The Simple Strategy
- Chapter 5: The Rules Of The Simple Strategy
- Chapter 6: Determining Range Bar Setting For Other Markets
- Chapter 7: Trading With Time Bars
- Chapter 8: How To Trade Forex With The Simple Strategy
- Chapter 9: How To Trade Stocks And ETFs With The Simple Strategy
- Chapter 10: Simple Strategy Swing Trading
- Chapter 11: What To Expect When Trading The Simple Strategy
- Chapter 12: Pitfalls and How To Avoid Them
- Chapter 13: The Next Step
- Chapter 14: Resources
The Simple Strategy - A Powerful Day Trading Strategy For Trading Futures, Stocks, ETFs and Forex By Markus Heitkoetter pdf
| Author(s) | |
|---|---|
| Format | |
| Pages | 103 |
| Publication Year | 2016 |
15 reviews for The Simple Strategy – A Powerful Day Trading Strategy For Trading Futures, Stocks, ETFs and Forex
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Brady Crawford (verified owner) –
Presented the concepts in an understandable way.
Aileen Haynes (verified owner) –
Amazing book, all you need to know
Leonardo Kent (verified owner) –
I love this book. The title said it. Simple. Simplified. Easy to follow.
Selena Bernal (verified owner) –
I absolutely love this book. It is straight to the point , and Very easy to read. If you are a newbie like me you can not go wrong buying this book. five stars are not enough. Amazing book to calm your fears and help your Analysis Paralysis.
Thanks again For A Great Book.
Drew Beck (verified owner) –
This is a well-written book, but I think it is a little confusing at the time of applying this strategy to stocks. I am a stock trader and a newbie, and I feel that this strategy will not benefit me a lot. For this reason, I give it 4 stars. Also, pictures are not very clear to me. This book is more for people that want to invest in futures.
Jameson Arias (verified owner) –
It’s a simple strategy, just like it says – It is well thought out and provides a good basis for developing your own more complex model
Gia Holland (verified owner) –
I stared reading this book about 8 years ago. My wife died shortly after I got the book and I lost interest in most activities that I was involved with Now I am picking up my pieces and ready to move on. Although I do not have interest in a great many of things I did once, I do want to get back with my learning to trade stocks. Surprisingly, I remembered a few things so that was like meeting an old friend. Tomorrow, I will re-read the whole book and get back in the saddle – thank you!
Kaiser Andrade (verified owner) –
This is another book that will make anybody to be successful in the trading business. I am taken this challenge because this is my financial independence.
Thank you Mark
Jazmine Ward (verified owner) –
This is good, but a little outdated. His new book PowerX Strategy is the one to read instead. Covers the same, but in better detail.
Aleah Rush (verified owner) –
I like the strategy but the book does not give many examples of success or failure when the market turns.
Kason Mills (verified owner) –
Good book
Emmy Velazquez (verified owner) –
Simple, excellent examples, highly intuitive, good mathematical explanations and very real. There are some minor mistakes like $182.50 when it should be $192.50 which confuses reading but otherwise it is understandable. I recommend this book to beginners and practitioners alike. I chose the 5 star rating because the book compels you to understand the basics of probability trading as a way to make profit in an uncertain market.
June Bennett (verified owner) –
It lays out the most basic way to day trade. While looking to day trade a stock, if it meets this criteria buy it. If it doesn’t, don’t. It doesnt explain much in depth and leaves a lot out. But it does exactly what it says. Teaches you a simple strategy. This book could be 5 pages long and a google article in my opinion. If you can follow it with out emotion great but you will be trading blind and eventually take a lose.
Aubree Kaur (verified owner) –
I have been trading on and off for the better part of 11 years, I have lost significant amount of money in the process. I have started full time about a year ago with the same disappointing result until I read this book and another by the same author. I want to scream Markus name from a mountain top; thank you Sir, you are my trading career’s savior.
Eithan Ponce (verified owner) –
Great