Marcel Link: High Probability Trading: Take the Steps to Become a Successful Trader

High Probability Trading: Take the Steps to Become a Successful Trader


Description

"The Goal Is to Teach All Traders to Think with the Mindset of a Successful Trader..." While successful trading requires tremendous skill and knowledge, it begins and ends with mindset. What do exceptional traders think when they purchase a quality stock and the price immediately plummets? How do they keep one bad trade from destroying their confidence - and bankroll? What do they know that the rest of us don't? "Some trades are not worth the risk and should never be done."High Probability Trading" shows you how to trade only when the odds are in your favor. From descriptions of the software and equipment an exceptional trader needs high probability signals that either a top or bottom has been reached, it is today's most complete guidebook to thinking like an exceptional trader - every day, on every trade. "It's not how good you are at one individual thing, but it's the culmination of every aspect of trading that makes one successful."Before he became a successful trader, Marcel Link spent years wading from one system to the next, using trial and error to figure out what worked, what didn't, and why. In "High Probability Trading", Link reveals the steps he took to become a consistent, patient, and winning trader - by learning what to watch for, what to watch out for, and what to do to make each trade a high probability trade. "Why do a select few traders repeatedly make money while the masses lose? What do bad traders do that good traders avoid, and what do winning traders do that is different? Throughout this book I will detail how successful traders behave differently and consistently make money by making high probability trades and avoiding common pitfalls..." - From the preface.Within 6 months of beginning their careers full of promise and hope, most traders are literally out of money and out of trading. "High Probability Trading" reduces the likelihood that you will have to pay this "traders' tuition," by detailing a market-proven program for weathering those first few months and becoming a profitable trader from the beginning.Combining a uniquely blunt look at the realities of trading with examples, charts, and case studies detailing actual hits and misses of both short- and long-term traders, this straightforward guidebook discusses: the 10 consistent attributes of a successful trader, and how to make them work for you; strategies for controlling emotions in the heat of trading battle; technical analysis methods for identifying trends, breakouts, reversals, and more; market-tested signals for consistently improving the timing of entry and exit points; how to "trade the news" - and understand when the market has already discounted it; and learning how to get out of a bad trade before it can hurt you. The best traders enter the markets only when the odds are in their favor. "High Probability Trading" shows you how to know the difference between low and high probability situations, and only trade the latter. It goes far beyond simply pointing out the weaknesses and blind spots that hinder most traders to explaining how those defects can be understood, overcome, and turned to each trader's advantage. While it is a cliche, it is also true that there are no bad traders, only bad trades. Let "High Probability Trading" show you how to weed the bad trades from your trading day by helping you see them before they occur.Packed with charts, trading tips, and questions traders should be asking themselves, plus real examples of traders in every market situation, this powerful book will first give you the knowledge and tools you need to tame the markets and then show you how to meld them seamlessly into a customized trading program - one that will help you join the ranks of elite traders and increase your probability of success on every trade.

To search for Look-Alikes, you need not roam. They're all around you - right here at home. Start in the bedroom where you lay your head. Is it a pillow ...or is it bread? The more you look, the more you see here in Look-Alike Land! In this Look-Alikes activity book, kids will love peeking and seeking to find all the hidden objects in Joan Steiner's signature photographic scenes. From around the house to diners and circus tents, there are countless details for readers to search for and discover. Puzzlers of all ages will be challenged and captivated by the wide variety of seek-and-find picture puzzles within. Perfect for on-the-go fun! Kelly Ann is all loved-up with her gorgeous soulmate, Chris, High Probability Trading: Take the Steps to Become a Successful Trader download ebook so there's no way she's going to let her attraction for the dark and dangerous new boy at school go any further. OK, so he rides a cool Harley Davidson motorbike, plays in a cool band and has dedicated a song to her. But she's not going to let that rock her relationship with Chris, is she? Besides, Kelly Ann has other things to worry about. Like being dragged through the mud by a rogue Great Dane, locked out of the house by an eight year old she's supposed to be babysitting and that YouTube video that shows her grappling with a half-naked guy in Pizza Express - 200,000 hits and counting in just twelve hours...


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Author: Marcel Link
Number of Pages: 416 pages
Published Date: 07 Apr 2003
Publisher: McGraw-Hill Education - Europe
Publication Country: New York, NY, United States
Language: English
ISBN: 9780071381567
Download Link: Click Here
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