Winning Edge Trading: Successful and Profitable Short- and Long-Term Systems and Strategies
$14.35
| Author(s) | |
|---|---|
| Pages |
238 |
| Format |
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| Published Date |
2010 |
Winning Edge Trading shows how to trade any market for great profits. Using the unique and innovative trading strategies and systems outlined here, you can trade stocks, ETFs, and futures to achieve market-beating returns. This book provides you with a practical and proactive approach to your investment and trading activities.
Author’s Introduction:
The purpose of this book is to help people learn how to become successful as traders and active investors. Designed with both the novice and the professional in mind, it is chock full of useful information for traders at every level. With the major changes in the stock market and all the confusion and misinformation that have surrounded it recently, this book offers essential advice for thriving in this field, even in adverse conditions.
There are multitudes of people out there (perhaps you are one of them) who have lost a great deal of money and have no idea what they should do now. The solution is not to panic; the solution is to become educated in the new dynamics of today’s market.
Part I begins with an analysis of the great stock market meltdown that had serious ramifications for the world economy in 2008. We demonstrate that traders who did not have a robust trading system in place were not equipped to handle the volatility of the markets. We explore the various causes of the crisis in some detail, delving into the financial history that led up to it. Part II begins with an exploration of the various types of trading markets. We also examine things such as profit-and-loss calculations, regulations, and taxes. Strategies involving things such as leverage, shortselling, and margin buying are introduced.
Part III begins by describing how the market operates as a system. We consider different types of systems and the roles that fear, greed, and hope play in the market. Habitual patterns, cyclical behavior, and market trends are discussed, along with various observations about the market’s behavior. Part IV contains an in-depth discussion of personality profiles. It closely examines the various scientific theories of human behavior and goes into detail on the most prominent ones. It demonstrates how and why it is so important that a trader’s system be a good match with his or her individual personality.
Contents:
- The Great Stock Market Meltdown
- Introducing the New Trading Paradigm
- Pitfalls of the Old Investing Paradigm
- Understanding the Financial Markets: Common Stocks
- The Exchange-Traded Funds Market
- The Futures Market: Financial and Physical Commodities
- Fundamental Analysis
- Technical Analysis
- The Winning Edge Trading System Market Model
- The Mechanics of the Winning Edge Trading System
- The Winning Edge System for Day Trading
- The Winning Edge System for Intermediate-Term or Swing Trading
- The Winning Edge System for Long-Term or Position Trading
- Trading Psychology and Your Trading Personality Profile
- The Trading Personality Profile Test
- The Successful Trader’s Blueprint
Winning Edge Trading: Successful and Profitable Short- and Long-Term Systems and Strategies By Ned Gandevani pdf
4 reviews for Winning Edge Trading: Successful and Profitable Short- and Long-Term Systems and Strategies
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Grady Orr (verified owner) –
Most books on trading over promise and under deliver and give vague amorphous instructions or concepts for trading. This one does not – it is very informative and specific as to how highly probable trade set ups are filtered, executed, and managed.
Also, this author is also a real life trader, many authors are not and no experience in actual trading by an author is a red herring for a useless book.
This author also has other good books dedicated more to the psychology of trading that can be added to this one.
Trey Bravo (verified owner) –
I think the “Winning Edge Trading” should be re-title “The Holy Grail of Investing”. Not only this book provides you with a realistic view of the aggregate market behavior, a step by step process of constructing a winning investing blueprint, but it feeds you with all the practical tools you need to minimize your risk, actively manage your portfolio, and generate substantial profits.
The combination of the Relative Strength Index (RSI) and of the De-trended Price Oscillator (DPO) is purely genius. That alone builds up your confidence, allows you to trade with consistency and create real profit.
This book will profoundly elevate and strengthen your investment psychology.
Amoura Daniel (verified owner) –
By no means am I an expert trader, but I am no novice either. The information presented in this book is simply not worth reading. To start the author does a decent job discussing generally market theory, which I did find interesting and informative, but not “actionable”. The trading strategies outlined in this book are not backed with any quantitative results. Furthermore, these strategies are not presented in a clear manner (i.e. his entry/exits are not well outlined and are extremely subjective). In my opinion the DPO/RSI strategy outlined in this book has almost no real practical application. I bought this book under the pretense of perhaps gaining some further insight into a new/different trading system/strategies, and I must say I that I’m very disappointed. Also, I find that the language in which the book is written is very confusing not because it’s advanced, but because I believe him to have poor command of the English language. Additionally, there are grammatical/technical errors throughout the book, but more specifically when he describes the entry/exits for his outlined strategies. This book could be a decent buy for a very novice trader who is looking to learn the basics of systems & strategies, but I honestly feel your money would be better spent on another book.
Marianna Pitts (verified owner) –
I read the book with a lot of interest and a little experience in trading.
I am glad I read a book and I really loved the message author was giving.
I agree with author’s holistic view of trading. It is not just about trading methods you pick but it has to match your personality type.
You can’t really change your personality, so you have to work on learning what kind of personality you have and apply trading methods that matches. It is a new perspective about trading ( or even making money in general) I haven’t heard much these days, but has a very important point.
There is no one way to trade or make money, it all starts from learning about yourself.
The book’s overview about changing markets and trading psychology were also very unique and helpful.
He didn’t also forget to suggest technical analysis he uses in his system. i can’t wait to test them.
However, in the beginning, he promised in-depth study of tax consequences and strategies for trading which I didn’t find much in the book. Also, I am really fascinated by the fact he uses chaos theory in his system, but he doesn’t explain how the theory is actually applied in his system. Of course, I understand the math itself is very complicated, but it would’ve been very interesting at least to have some idea.
Overall, I am very happy with the book and highly recommend the book to anyone.
He also gives one week free trial of his system. I will definitely take advantage of it.