The Little Book of Trading

The Little Book of Trading

Trend Following Strategy for Big Winnings

Book - 2011
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"How to get past the crisis and make the market work for you again The last decade has left people terrified of even the safest investment opportunities. This fear is not helping would-be investors who could be making money if they had a solid plan. The Little Book of Trading teaches the average person rules and philosophies that winners use to beat the market, regardless of the financial climate.The market has always fluctuated, but savvy traders know how to make money in good times and bad. Drawing on author Michael Covel's own trading experience, as well as insights from legendary traders, the book offers sound, practical advice in an easy to understand, readily digestible way. The Little Book of Trading:Identifies tools, concepts, psychologies, and philosophies that keep people protected and making money when the next market bubble or surprise crisis occursFeatures top traders in each chapter that have beaten the market for decades, providing readers with their moneymaking knowledge Shows how traders who beat mutual fund performance make money at different times, not just from stocks aloneMost importantly, The Little Book of Trading explains why mutual funds should not be the investment vehicle of choice for people looking to secure retirement, a radical realization highlighting the changed face of investing today"-- Provided by publisher.
Publisher: Hoboken, N.J. : Wiley, c2011.
ISBN: 9781118063507
1118063503
Branch Call Number: 332.64/COVEL
Characteristics: xxv, 210 p. : ill. ; 19 cm.

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JoseRaez
Feb 21, 2012

This is an "ok" book. The whole book is mainly about the philosophy of trend trading. The author bashes fundamental investing (which is the approach that Warren Buffett used to make billions of dollars) and praises trend trading. Unfortunately, the author does not teach anything substantial about trend trading. This book does not teach how to trade in the markets or what specific methods to apply. I have learned more from other books. I would skip this book.

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