Description
Book SynopsisTrend trading lets the market do the work for you Is your portfolio doing all it should? Are you looking for a market-focused way to increase returns? Try your hand at trend trading. Instead of analyzing the performance of a company, analyze the performance of the market as a whole.
Table of ContentsIntroduction 1
Part I: Getting Started with Trend Trading 5
Chapter 1: What Is Trend Trading? 7
Chapter 2: Gathering What You Need to Get Started 15
Chapter 3: Considering the Risks of Trading 25
Chapter 4: Understanding the Advantages and Disadvantages of Trend Trading 37
Part II: Essential Trend Trading Strategies 47
Chapter 5: Price Waves You Can Surf to Profits 49
Chapter 6: Looking at Chart Indicator Tools 61
Chapter 7: Understanding Broad-Based Market Indicators 73
Chapter 8: Knowing What Time You Want to Trade 87
Chapter 9: How to Make Money When the Market Goes Up or Down 97
Part III: Becoming a Top Trader with the Five-Energy Method 103
Chapter 10: Cycle Timing Tools: Finding the Best Time to Enter a Trend 105
Chapter 11: Support and Resistance: Figuring Out the Best Price to Enter a Trend 115
Chapter 12: Using Momentum Indicators to Test the Strength of a Trend 131
Chapter 13: Scale: Confirming the Trade on a Longer Time Interval 143
Chapter 14: Putting It All Together: The Five-Energy Trading Methodology 153
Chapter 15: Seeing the Five Energies in Action 167
Part IV: Determining Where, When, Why, What, and How to Trade 191
Chapter 16: Understanding Leverage 193
Chapter 17: Choosing a Trading Time That Works for You 201
Chapter 18: Creating Watch Lists to Find the Best Opportunities 211
Chapter 19: Using Relative Strength to Make More Money 223
Chapter 20: Scanning Markets with Technology 233
Part V: Managing Risk and Following the Keys to Success 243
Chapter 21: Practicing Diversification 245
Chapter 22: Hedging Your Position to Protect You from Losing All Your Money 253
Chapter 23: Using Stop Signs to Keep You Safe 263
Chapter 24: Documenting Your Trades and Printing Your Charts 279
Chapter 25: Reviewing Your Trades — Always! 291
Part VI: The Part of Tens 299
Chapter 26: Ten Habits of Highly Effective Trend Traders 301
Chapter 27: Ten Common Misconceptions about Trend Trading 307
Index 313
