The Art of Timing the Trade: Your Ultimate Trading Mastery System - Rilegato

O'Brien, Tom

Rilegato

ISBN 10: 0976352915 ISBN 13: 9780976352914

Casa editrice: Tiger Financial News Network Inc, 2010

Riassunto

Why should you buy and read this book? Simply put, it outlines a trading approach based on ideas that have worked for over 100 years. Some of it is from books and articles written before the First World War. This worked before computers were invented, before people had cars, and in the case of candlestick charting, before guns were invented. This still works. As a radio host I also get access to the best traders who let me know their best indicators and practices. Frankly, I test what they propose and add what works to my system. Like an onion, each chapter in this book will reveal another layer of a total system that can feed you for life.How is it done? I first need to point out that the tools of my trade (and what I hang my hat on) involve the continually evolving science of technical analysis, not to mention sound judgment and money management. In contrast to fundamental analysis which focuses on the financial and business welfare of a particular entity, market, or economy, technical analysis offers predictions on future price movements based on different angles, interpretations, patterns and permutations on historical price and volume movements belonging to the trading activity of an individual stock or commodity, group of stocks or an overall market. I basically focus all my energy on looking at price and volume movements and look to those variables to give me road signs for future price movements. Where is this instrument (or market) headed based on the way it has traded in the past? I get an understanding of what an equity is doing now, and what it may do in the future.I don t pay much attention to Company XYZ s business model, past and future earnings and revenues, management, etc. I will, however, pay attention to reported let s make some money! 7 insider trading activity, which demonstrates owners and managers conviction and faith in their own enterprise (are they getting in or are they getting out?). Other than that, price and volume are in my opinion where it s at! And if there are clear signals, I take steps to take advantage of those signals and set up a trade, provided the risk/ reward scenarios are favorable.I also employ risk management strategies to my trading, such as utilizing Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs) as well as share sizing and basic common sense, such as not putting all my eggs into one basket.

Su questo libro

Informazioni sull?autore

Tom O'Brien, Founder and CEO of TFNN, Tiger University, and Editor of The Gold Report, exposes the ugly truth behind market manipulation, and teaches you powerful principles for understanding market moves while providing tools for making money in an environment mainly controlled by the Wall Street operators. With Tom's expert guidance, you'll gain your own EDGE, while learning to be more vigilant to price manipulation and making more money while other Wall Street prey find themselves on the wrong side of the market's zero sum equation.Tom O'Brien is also the host of The Tom O'Brien Show and has long been regarded as the go-to analyst on the gold market with frequent appearances on CNBC, Bloomberg TV, Fox Business Network and various other media outlets.

Dal risvolto di copertina interno

Tom O'Brien Investors across the country and throughout the world have come to view Tom O'Brien and his radio program, The Tom O'Brien Show, as the most dependable source of stock market news, information, and analysis. Listeners continue to tune in everyday to hear his views and his voice. Radiating with confidence, wildly energetic, and incredibly accurate as a forecast of where stock prices are going, Tom tells you what you should do about it.USA $27.88 CANADA $27.88 Receive FREE Newsletter Go toTFNN.com/book to receive a FREE newsletter today! Red Rock Publishing Don't let Wall Street eat YOU alive THE ART OF TIMING THE TRADE The audience finds in Tom's programs something they won't find anywhere else on financial talk radio an education. This unique, educational aspect has helped to give Tom an audience that is extremely loyal and devoted. Tom's views are often quoted on forbes.com.Tom O'Brien's radio program, his book, and his newsletters have gained huge popularity because his audience respects his analytical expertise, enjoys his entertaining style, and relates to his down-toearth, personal approach.Tom invites everyone to tune into the show, every weekday from 4 6 p.m. EST at TFNN.com, and stations throughout the country to share in this unique learning experience.Tom's goal, and the goal of his audience, is that they will be better traders tomorrow

Dettagli dell'edizione

• Editore: Tiger Financial News Network Inc
• Data di pubblicazione: 2010
• Lingua: Inglese
• ISBN 10: 0976352915
• ISBN 13: 9780976352914
• Rilegatura: Copertina rigida
• Numero di pagine: 266
• Contatto del produttore: non disponibile
• Persona responsabile: non disponibile