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Home > Business and Economics > Finance and accounting > Finance and the finance industry > Investment and securities > Winning Edge Trading: Successful and Profitable Short- and Long-Term Systems and Strategies(Wiley Trading)
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Winning Edge Trading: Successful and Profitable Short- and Long-Term Systems and Strategies(Wiley Trading)

Winning Edge Trading: Successful and Profitable Short- and Long-Term Systems and Strategies(Wiley Trading)

          
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About the Book

An innovative and comprehensive approach to profitable trading in these turbulent times 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. Written by system developer Dr. Ned Gandevani, this book provides an antidote to active investors and traders who are frustrated by stagnant and declining markets. Dr. Gandevani shows you how to maximize your profit while minimizing your risk with his innovative and comprehensive approach, and then reveals how to profit from market swings. In addition to providing a simple and easy-to-execute trading system, Dr. Gandevani also explains how you can determine your risk tolerance and choose a compatible system for maximum performance. Details the tools used to trade short or long time frames Explores how the Relative Strength Indicator and Detrended Price Oscillator can help you determine when to enter and exit a trade Discusses psychological issues involved in active trading, including the inability to take a loss, overtrading, trading personality, and system compatibility Winning Edge Trading contains the information you need to become a successful active investor and trader in today's dynamic markets.

Table of Contents:
Preface xiii Acknowledgments xvi PART I The New Trading Paradigm 1 CHAPTER 1 The Great Stock Market Meltdown 3 Primary Causes of the Current Financial Crisis 6 Dealing with the Emotional Toll 9 Rescuing Yourself from Financial Disaster 10 Transitioning from Investor to Trader 12 CHAPTER 2 Introducing the New Trading Paradigm 13 Online Trading 14 Flexible and Active Management 15 Exchange-Traded Funds 15 More Choices, Better Trading Opportunities 17 New Market Conditions 18 Intermarket Analysis Dynamics 22 Fundamental Analysis, Help Me Not! 24 CHAPTER 3 Pitfalls of the Old Investing Paradigm 27 Buy and Hold 27 Invest for the Long Term 30 Heavy Reliance on Fundamental Analysis 34 Light Portfolio Monitoring 34 Asset Selection Based Merely on Asset-Specific Risk 34 Time to Take Charge 34 PART II Trading Instruments and Markets 37 CHAPTER 4 Understanding the Financial Markets: Common Stocks 39 What Are Financial Assets? 39 Types of Trading Markets 40 Characteristics of the Common Stocks Market 40 CHAPTER 5 The Exchange-Traded Funds Market 47 Characteristics of ETFs 47 Advantages and Disadvantages 50 Sectors and Types 51 Sponsors 55 ETFs: Attractive Trading Instruments 55 CHAPTER 6 The Futures Market: Financial and Physical Commodities 57 Characteristics of the Futures Markets 58 Leverage Opportunities 64 PART III Trading Tools 69 CHAPTER 7 Fundamental Analysis 71 What Is Fundamental Analysis? 72 Financial Statements 72 Equity Valuation Methods 76 Fundamental Analysis Can?t Deliver Timely Information 79 CHAPTER 8 Technical Analysis 81 Tools Used for Technical Analysis 82 Technical Indicators 85 Market Retracement Levels 100 Fibonacci Retracements 101 CHAPTER 9 The Winning Edge Trading System Market Model 105 The Market as a System 106 Contraction/Expansion Principle 108 Fear Is Stronger Than Greed and Hope 109 Habitual Patterns 110 Market Trends 111 More Observations About Market Behavior 111 Trend-Line Orders 112 Winning Edge Market Model 113 CHAPTER 10 The Mechanics of the Winning Edge Trading System 115 Entry Signals 115 Exit Signals 117 The System?s Protective Stops 121 CHAPTER 11 The Winning Edge System for Day Trading 125 Day Trading E-Mini S&P Futures Contracts 125 Day Trading QQQQ 131 CHAPTER 12 The Winning Edge System for Intermediate-Term or Swing Trading 135 Swing Trading S&P Futures 135 Long Signals for S&P Futures Contracts 136 Short Signals for S&P Futures Contracts 139 CHAPTER 13 The Winning Edge System for Long-Term or Position Trading 143 Position-Trading Russell 1000 Index Futures 143 Long Signals for Russell 1000 Futures Contracts 144 Short Signals for NASDAQ Futures Contracts 147 Short Signals for NASDAQ Futures Contracts with No RSI Confirmation 149 PART IV Investment Psychology 153 CHAPTER 14 Trading Psychology and Your Trading Personality Profile 155 Two Pillars of Successful Trading 155 What Is Personality? 159 Why Is Personality Important to Trading Success? 160 Personality Theories 162 Personality Type Theory 165 Personality Traits Theory 166 Nature or Nurture? 168 Genotype and Phenotype 170 Five-Factor or Big Five Model 173 CHAPTER 15 The Trading Personality Profile Test 177 Five-Factor Model of Personality 178 What the TPP Test Reveals About You 185 Trading Personality Profile Sample Test 188 TPP or OCEAN Score Guide 189 Reviewing Your TPP Score 190 CHAPTER 16 The Successful Trader?s Blueprint 191 Constructing Your Trading Success Blueprint 191 Set SMART Trading Goals 197 The Triple-A Formula for Success 200 See You at the Top! 201 APPENDIX A Toxic Assets and Modified Mark-to-Market Valuation Method 203 APPENDIX B About Winning Edge Trading Strategies 207 Notes 213 Index 217 About the Author 224


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Product Details
  • ISBN-13: 9780470472750
  • Binding: Hardback
  • Language: English
  • Returnable: N
  • Spine Width: 23 mm
  • Weight: 413 gr
  • ISBN-10: 0470472758
  • Height: 236 mm
  • No of Pages: 240
  • Series Title: Wiley Trading
  • Sub Title: Successful and Profitable Short- and Long-Term Systems and Strategies
  • Width: 161 mm


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