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Author: John Sweeney Publisher: John Wiley & Sons ISBN: 0471141526 Category : Business & Economics Languages : en Pages : 182
Book Description
The first comprehensive guide on maximum adverse excursion -- apowerful new tool for dramatically lessening trading risks "Trading successfully, like everything else, is built upon solidpreparation. It is the well-prepared individual who will be able tocope in today's competitive market. John Sweeney's Maximum AdverseExcursion will provide you with the steps to perform the analyticalreview of your trading system that you should undertake before youever risk your capital." -- Thomas Hartle, Editor TechnicalAnalysis of Stocks & Commodities magazine "Maximum Adverse Excursion deals with a much overlooked subject:how to minimize losses. If every trader took John Sweeney's adviceand learned how to minimize losses before trying to make profits,they would be financially ahead." -- Martin J. Pring, President TheInternational Institute for Economic Research "John Sweeney has done it again. As with Campaign Trading, he takesa complex set of ideas and explains them in a simple,easy-to-understand manner, in a form that traders can use to helpthem make informed and profitable buy-sell decisions." -- CliffordSherry, PhD, author The Mathematics of Technical Analysis Most successful traders have a "sixth sense" that alerts them toloss points and amounts. But what happens when intuitionfails? When the potential loss incurred on a trade is significant, youneed more than guesswork. But is it possible to estimate the losspoint accurately--quantitatively? With maximum adverse excursion(MAE), the answer is a resounding "YES". This innovative method ofrisk management enables traders to steer clear of potentiallydevastating results by pinpointing loss points before implementingtrading decisions. Now, in the first book to provide an in-depthexamination of this vital trading tool, John Sweeney, MAE developerand Technical Editor of the highly regarded Technical Analysis ofStocks & Commodities magazine, takes you step by step throughits various intricacies. In this comprehensive and accessible reference, Sweeney shows howthe key to successful MAE implementation lies in determiningwhether there is any consistency in market behavior. By measuringand charting price excursion from a set point of entry, you canestablish--quickly and easily--whether prices show consistentbehavior over a finite time frame. If, in fact, some regularity,some pattern in price changes is revealed, you can then exploit itwhile in the trade. The bottom line is a more reliable system fordiscerning whether your trade is going in your direction or not,and--in either case--what likely events are next. By replacingguesswork with statistical descriptions, you can objectivelydetermine when to cut off a loser, or put in a protective stop . .. or take profits. Maximum Adverse Excursion can give you "the elusive edge thattraders seek . . . a line all your own, from which profits can flowwith minimized, quantifiable risk." This comprehensive, accessiblereference gives you the tools you need to employ MAE successfully,including detailed information on: * Defining and calculating adverse, minimum, and maximum favorableexcursion (MinFE and MaxFE) * Displaying MAE--aggregation, frequency diagrams, stop size * Determining specific capital requirements--capital conservation,defining drawdowns * Profit definition by stop level--profit tradeoffs, profit curves,interpretation * Impact of volatility changes--tweaks, changing stops by range orvolatility * Trading management--portfolio impacts, day-to-day management,elaborations Complete with sample calculations, practical examples, and EXCELprograms for creating your own charts, this is the definitive guideto using MAE effectively--and profitably.
Author: John Sweeney Publisher: John Wiley & Sons ISBN: 0471141526 Category : Business & Economics Languages : en Pages : 182
Book Description
The first comprehensive guide on maximum adverse excursion -- apowerful new tool for dramatically lessening trading risks "Trading successfully, like everything else, is built upon solidpreparation. It is the well-prepared individual who will be able tocope in today's competitive market. John Sweeney's Maximum AdverseExcursion will provide you with the steps to perform the analyticalreview of your trading system that you should undertake before youever risk your capital." -- Thomas Hartle, Editor TechnicalAnalysis of Stocks & Commodities magazine "Maximum Adverse Excursion deals with a much overlooked subject:how to minimize losses. If every trader took John Sweeney's adviceand learned how to minimize losses before trying to make profits,they would be financially ahead." -- Martin J. Pring, President TheInternational Institute for Economic Research "John Sweeney has done it again. As with Campaign Trading, he takesa complex set of ideas and explains them in a simple,easy-to-understand manner, in a form that traders can use to helpthem make informed and profitable buy-sell decisions." -- CliffordSherry, PhD, author The Mathematics of Technical Analysis Most successful traders have a "sixth sense" that alerts them toloss points and amounts. But what happens when intuitionfails? When the potential loss incurred on a trade is significant, youneed more than guesswork. But is it possible to estimate the losspoint accurately--quantitatively? With maximum adverse excursion(MAE), the answer is a resounding "YES". This innovative method ofrisk management enables traders to steer clear of potentiallydevastating results by pinpointing loss points before implementingtrading decisions. Now, in the first book to provide an in-depthexamination of this vital trading tool, John Sweeney, MAE developerand Technical Editor of the highly regarded Technical Analysis ofStocks & Commodities magazine, takes you step by step throughits various intricacies. In this comprehensive and accessible reference, Sweeney shows howthe key to successful MAE implementation lies in determiningwhether there is any consistency in market behavior. By measuringand charting price excursion from a set point of entry, you canestablish--quickly and easily--whether prices show consistentbehavior over a finite time frame. If, in fact, some regularity,some pattern in price changes is revealed, you can then exploit itwhile in the trade. The bottom line is a more reliable system fordiscerning whether your trade is going in your direction or not,and--in either case--what likely events are next. By replacingguesswork with statistical descriptions, you can objectivelydetermine when to cut off a loser, or put in a protective stop . .. or take profits. Maximum Adverse Excursion can give you "the elusive edge thattraders seek . . . a line all your own, from which profits can flowwith minimized, quantifiable risk." This comprehensive, accessiblereference gives you the tools you need to employ MAE successfully,including detailed information on: * Defining and calculating adverse, minimum, and maximum favorableexcursion (MinFE and MaxFE) * Displaying MAE--aggregation, frequency diagrams, stop size * Determining specific capital requirements--capital conservation,defining drawdowns * Profit definition by stop level--profit tradeoffs, profit curves,interpretation * Impact of volatility changes--tweaks, changing stops by range orvolatility * Trading management--portfolio impacts, day-to-day management,elaborations Complete with sample calculations, practical examples, and EXCELprograms for creating your own charts, this is the definitive guideto using MAE effectively--and profitably.
Author: John Sweeney Publisher: John Wiley & Sons ISBN: 9780471141525 Category : Business & Economics Languages : en Pages : 184
Book Description
The first comprehensive guide on maximum adverse excursion -- apowerful new tool for dramatically lessening trading risks "Trading successfully, like everything else, is built upon solidpreparation. It is the well-prepared individual who will be able tocope in today's competitive market. John Sweeney's Maximum AdverseExcursion will provide you with the steps to perform the analyticalreview of your trading system that you should undertake before youever risk your capital." -- Thomas Hartle, Editor TechnicalAnalysis of Stocks & Commodities magazine "Maximum Adverse Excursion deals with a much overlooked subject:how to minimize losses. If every trader took John Sweeney's adviceand learned how to minimize losses before trying to make profits,they would be financially ahead." -- Martin J. Pring, President TheInternational Institute for Economic Research "John Sweeney has done it again. As with Campaign Trading, he takesa complex set of ideas and explains them in a simple,easy-to-understand manner, in a form that traders can use to helpthem make informed and profitable buy-sell decisions." -- CliffordSherry, PhD, author The Mathematics of Technical Analysis Most successful traders have a "sixth sense" that alerts them toloss points and amounts. But what happens when intuitionfails? When the potential loss incurred on a trade is significant, youneed more than guesswork. But is it possible to estimate the losspoint accurately--quantitatively? With maximum adverse excursion(MAE), the answer is a resounding "YES". This innovative method ofrisk management enables traders to steer clear of potentiallydevastating results by pinpointing loss points before implementingtrading decisions. Now, in the first book to provide an in-depthexamination of this vital trading tool, John Sweeney, MAE developerand Technical Editor of the highly regarded Technical Analysis ofStocks & Commodities magazine, takes you step by step throughits various intricacies. In this comprehensive and accessible reference, Sweeney shows howthe key to successful MAE implementation lies in determiningwhether there is any consistency in market behavior. By measuringand charting price excursion from a set point of entry, you canestablish--quickly and easily--whether prices show consistentbehavior over a finite time frame. If, in fact, some regularity,some pattern in price changes is revealed, you can then exploit itwhile in the trade. The bottom line is a more reliable system fordiscerning whether your trade is going in your direction or not,and--in either case--what likely events are next. By replacingguesswork with statistical descriptions, you can objectivelydetermine when to cut off a loser, or put in a protective stop . .. or take profits. Maximum Adverse Excursion can give you "the elusive edge thattraders seek . . . a line all your own, from which profits can flowwith minimized, quantifiable risk." This comprehensive, accessiblereference gives you the tools you need to employ MAE successfully,including detailed information on: * Defining and calculating adverse, minimum, and maximum favorableexcursion (MinFE and MaxFE) * Displaying MAE--aggregation, frequency diagrams, stop size * Determining specific capital requirements--capital conservation,defining drawdowns * Profit definition by stop level--profit tradeoffs, profit curves,interpretation * Impact of volatility changes--tweaks, changing stops by range orvolatility * Trading management--portfolio impacts, day-to-day management,elaborations Complete with sample calculations, practical examples, and EXCELprograms for creating your own charts, this is the definitive guideto using MAE effectively--and profitably.
Author: Jack Sweeney Publisher: Wiley ISBN: 9780471141501 Category : Business & Economics Languages : en Pages : 0
Book Description
Advance praise for... The only professional guide that tackles the impermanence and built-in obsolescence of trading systems Campaign Trading "John Sweeney will help you overcome the tyranny of one-note trading systems by explaining the secrets of maximum adverse excursion and maximum favorable excursion. Sweeney shows you when to hold' em, and when to fold' em, so you can trade in all types of markets. Now you can trade with the best of them." — Tushar S. Chande, Ph.D. Author, The New Technical Trader "This book is for the serious trader who wants to gain an edge. John Sweeney's Campaign Trading teaches you his concept of excursion analysis, a method that should be thoroughly understood by every trader who wants to win." — Thom Hartle Editor, Technical Analysis of Stocks & Commodities magazine "Sweeney grabs the trading bull by the horns and addresses one of the most neglected aspects of technical analysis—how to best exit a trade. He demonstrates his breadth of knowledge and depth of research by describing how to optimize profits and avoid catastrophic losses in all market conditions." — John F. Ehlers Author, MESA and Trading Market Cycles Success in the trading arena requires the ability to change strategies on a regular basis in order to accommodate moves in the market and shifts in investment preferences. And while having a solid trading system in place is important for attaining favorable and profitable results, it is equally important to have an overall approach that is flexible. After all, any given system is only effective for a certain period of time, under a specific set of circumstances. Campaign Trading gives you the tools you need to develop a strong trading style that can be adjusted, refined, and retuned, when necessary, to meet the demands of current market behavior. Author John Sweeney, Technical Editor of the highly regarded Technical Analysis of Stocks & Commodities magazine, has written a one-of-a-kind book that focuses on the "big picture." He maps out a game plan with which you can win the trading war, not just the isolated battles. Covering essential topics such as the basics and anomalies of campaigning, reversing bad trades, reversing out of ranges, and using options to shift the odds, this invaluable reference shows you how to build a sound base for campaigning. You will learn what measurement techniques to use, how to test trading rules for effectiveness, and how to pick the types of trades you will use in future campaigns. Campaign Trading uses case examples to illustrate how to create a profitable trading campaign that takes advantage of a specific trading instrument under a variety of circumstances. Once this campaign is established, you'll learn how to redevelop and adapt it to a new and different set of market conditions, thereby avoiding the built-in obsolescence typically found in systems that remain static. With Campaign Trading, you'll be appropriately armed to battle system impermanence and obsolescence. Whether you're a futures, options, stock, or bond trader, you'll find this must-have reference an indispensable source of help and guidance for keeping your system effective and on target—regardless of what the market is doing.
Author: Thomas Stridsman Publisher: McGraw Hill Professional ISBN: 9780071359801 Category : Business & Economics Languages : en Pages : 444
Book Description
Trading Systems That Work evaluates many of today's most influential techniques and, emphasizing trading software programs TradeStation and Excel, covers all aspects of researching, building, understanding, and evaluating your own trading system.".
Author: Abe Cofnas Publisher: John Wiley & Sons ISBN: 1118998677 Category : Business & Economics Languages : en Pages : 243
Book Description
EXPERT, DEPENDABLE FOREX COACHING—UPDATED TO KEEP YOU AHEAD IN AN EVOLVING MARKET The Forex Trading Course is the systematic guide aspiring traders need to enter the market with the confidence and skills necessary to generate wealth. Masterfully written so both basic and complex concepts are readily accessible, this all-inclusive training tool outlines a practical course of action to develop strategies integrating fundamental and technical analysis. It also demonstrates how to identify high-probability patterns and trades, adjust your trading plan for different account sizes, use emotional intelligence to improve trading performance, and much more. This second edition is fully revised to address: • Changes brought about by quantitative easing and central bank intervention—including greater spikes and disruptions in the forex and the influence of global growth and inflation on the market • Using binary options with forex trades to make accurate predictions on direction, targets, and stops • Social media trading and how to navigate herding behavior and swarming patterns • The latest insights and trends in cryptocurrencies such as Bitcoin Complete with practice assignments to reinforce the material and a supplemental website to enhance your knowledge, The Forex Trading Course, Second Edition unlocks your optimal potential for profitable currency trading.
Author: Curtis Faith Publisher: FT Press ISBN: 0137051689 Category : Business & Economics Languages : en Pages : 226
Book Description
EARN SERIOUS TRADING PROFITS BY USING YOUR WHOLE BRAIN! Legendary traders like Jesse Livermore, George Soros, Richard Dennis, and Steven Cohen use their full range of powers that encompass both instinct and analysis. That’s how they made their fortunes–and that’s how you can, too. In Trading from Your Gut, Curtis Faith, renowned trader and author of the global bestseller Way of the Turtle, reveals why human intuition is an amazingly powerful trading tool, capable of processing thousands of inputs almost instantaneously. Faith teaches you how to harness, sharpen, train, and trust your instincts and to trade smarter with your whole mind. Just as important, you’ll learn when not to trust your gut–and how to complement your intuition with systematic analysis. You’ve got a left brain: analytical and rational. You’ve got a right brain: intuitive and holistic. Use them both to make better trades, and more money! “Whole Mind” trading: the best of discretionary and system approaches How winning traders use analysis and disciplined intuition together How to profit from other traders’ “Wrong Brain Thinking” Understand other traders, without acting like them How to provide a firm intellectual framework for your trades What successful traders have discovered about the market’s structure and laws The unique value of intuition in swing trading Use your intuition to trade patterns that computer technology can’t recognize
Author: Charles D. Kirkpatrick Publisher: FT Press ISBN: 0132596628 Category : Business & Economics Languages : en Pages : 209
Book Description
ALERT: Before you purchase, check with your instructor or review your course syllabus to ensure that you select the correct ISBN. Several versions of Pearson's MyLab & Mastering products exist for each title, including customized versions for individual schools, and registrations are not transferable. In addition, you may need a CourseID, provided by your instructor, to register for and use Pearson's MyLab & Mastering products. Packages Access codes for Pearson's MyLab & Mastering products may not be included when purchasing or renting from companies other than Pearson; check with the seller before completing your purchase. Used or rental books If you rent or purchase a used book with an access code, the access code may have been redeemed previously and you may have to purchase a new access code. Access codes Access codes that are purchased from sellers other than Pearson carry a higher risk of being either the wrong ISBN or a previously redeemed code. Check with the seller prior to purchase. -- For use in the Office Applications course or individuals who would like to master Microsoft Outlook 2013 Make Microsoft Office, Your Office The Your Office series teaches readers the way Microsoft Office works in the real world, not just in a classroom. With Your Office, readers will learn to use Office to make decisions and solve problems in a business context. Your Office bridges the gap between skill and application, and empowers students to master Office 2013 as a tool to solve problems and make decisions. Modular Structure Promotes Concept Retention: Provides a strong foundation for readers to practice in each workshop and then synthesize the objectives covered over two workshops-effectively challenging students to really retain what they learned as opposed to learning, and then forgetting soon after. Case Progression Promotes Concept Mastery: Readers progress from learning the skills in each Office Application to using the applications as tools to make business decisions. Realistic Series Scenario Provides Business Context: Readers gain a solid understanding of how an organization works as they see how individuals in all facets of a business interact with tools like Microsoft Office and use information to make decisions. Engaging Features Help Students Make Microsoft Office Their Own: Videos, Visual Summaries, and Real-World Advice boxes are among the features that help readers master Office to make decisions and solve problems in a business context.
Author: Charles D. Kirkpatrick II Publisher: FT Press ISBN: 0132931958 Category : Business & Economics Languages : en Pages : 209
Book Description
In Time the Markets, award-winning technical analyst Charles D. Kirkpatrick applies technical analysis to key economic indicators and shows how to use them to identify market shifts, avoid loss, and become a more profitable long-term investor. Drawing on many years of publicly available data, Kirkpatrick demonstrates how to uncover powerful buy and sell signals and shows how to incorporate corporate, industry, monetary, sentiment, and market data into reliable timing indicators that can help you recognize impending stock and bond market dangers—and get out of the way. Relying primarily on proven technical analysis methods, Kirkpatrick incorporates trading system methods that have proven successful in market timing, including trend and momentum analysis, use of protective and trailing stops, and periodicity. Reflecting the latest insights into behavioral finance, he shares important new insight into measuring marketplace momentum and sentiment—helping long-term investors identify and evade the marketplace irrationalities that often cause capital loss.
Author: Market Technician's Association Publisher: John Wiley & Sons ISBN: 1119222710 Category : Business & Economics Languages : en Pages : 1040
Book Description
Everything you need to pass Level III of the CMT Program CMT Level III 2016: The Integration of Technical Analysis fully prepares you to demonstrate competency integrating basic concepts in Level I with practical applications in Level II, by using critical analysis to arrive at well-supported, ethical investing and trading recommendations. Covered topics include: asset relationships, portfolio management, behavioral finance, volatility, analysis, and ethics. The Level III exam emphasizes risk management concepts as well as classical methods of technical analysis. This cornerstone guidebook of the Chartered Market Technician® Program will provide every advantage to passing Level III.
Author: Abe Cofnas Publisher: John Wiley & Sons ISBN: 0470952849 Category : Business & Economics Languages : en Pages : 258
Book Description
An essential guide to the fast growing area of binary options Long the province of professional traders, binary options are now offered to retail investors through the North American Derivative Exchange (Nadex) and a growing group of online brokerages. Now, with this new book, author Abe Cofnas explains how independent traders and investors can use binary options to speculate on price movements and global events. The great appeal of binary options is that they are less complex than conventional options and provide a simple method to trade based on an opinion of where the market is headed over a certain period of time. Engaging and informative, this reliable guide reveals how binary options work, what are the best binary options trading strategies, and when to use them. Identifies the various markets in which binaries are available Offers insights on how binary options allow for opportunities to speculate on the direction of a market and receive a substantial payout Provides suggestions as to which markets provide the best liquidity and lowest trade execution expenses As the first book solely devoted to this topic, Binary Options will provide retail traders with an authoritative guide to trading this exciting new market.
Author: John Sweeney
Author: John Sweeney
Author: John Sweeney
Author: Jack Sweeney
Author: Thomas Stridsman
Author: Abe Cofnas
Author: Curtis Faith
Author: Charles D. Kirkpatrick
Author: Charles D. Kirkpatrick II
Author: Market Technician's Association
Author: Abe Cofnas