The Trend Following BIBLE: by Andrew Abraham
Product Code: 1385026852
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Number of Pages: 200
Binding: Paper Back
Publisher: John Wiley and Son
Availability: To be delivered within 6 working days
Summary: There is no easy way in making money in today's market. If you 're looking for get -rich advice or the holy grail of trading, the only thing you're realling doing is wasting time and money. In order to truly excel at this difficult endeavour, you have to work hard, stay focused and follow a method that will put the odds of success in your favor.
Nobody knows this better than author Andrew Abraham-a commodity trading advisor with over eighteen years of experience using trend following techniques to compound wealth and manage risk. And now, in the trend following Bible, he shares valuable insights, from the perspective of a professional who trades for a living, of what you need to know and internalize to become a consistent and successful trend trader over time
written with the serious trader in mind, this unique guide skillfully puts trend trading in perspective. It discusses the development of a robust trading plan, which is applicable to all time frames and markets, details how to manage the inherent risks of trading and reveals how important patience and discipline are in order to see your plan through.
Along the way, Abraham explains the psychlogy behind successful trend trading, provides practical examples of traders who have applied it, and addresses the underlying principles you'll need to know in order to make this approach work for you-from trading the best markets, betting small, and using stop-losses to trading with the trend, cutting losses, and avoiding over trading.
Trend trading is a journey filled with ups and downs. But by taking the ideas found here, and applying them to your own personality and risk tolerance, you'll discover what it really takes to capture trends and make money with them in the long run.