A profitable trading strategy is the most important tool for a trader.
This book explains a powerful trend-following day trading strategy for trading futures, stocks, ETFs and Forex.
The Simple Strategy is very popular amongst traders for the following
In “The Simple Strategy” can greatly simplify your trading.
Do NOT buy this book if...
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This book is not promising trading riches. But if you use "The Simple Strategy" as outlined in this book, you will put the odds in your favor with a proven trading strategy.
At this price you can't lose, so scroll up and grab a copy today!
Since this is a pretty mechanical system it is very easy to test statistically. Just for fun I programmed a backtest for this strategy and run it on several assets and on several different timeframes and it showed an average profit factor that was well below 1 which means that you will most certainly lose money on this strategy in the long run if you try to use it. It didn't show any particular edge on any asset or in any timeframe. So the only one who earns money on this strategy is probably the author of this book.
The book is to the point description about one strategy and explains the strategy fully. What I really liked about the novel is the fact that the author didn't try to unnecessarily stretch the point being stated. The examples are easy to understand and makes it really easy to read. An amazing read which can easily be completed within a day. Definitely a recommendation for any trader looking for trading strategies.
Simple, excellent examples, highly intuitive, good mathematical explanations and very real. There are some minor mistakes like $182.50 when it should be $192.50 which confuses reading but otherwise it is understandable. I recommend this book to beginners and practitioners alike. I chose the 5 star rating because the book compels you to understand the basics of probability trading as a way to make profit in an uncertain market.
Comprehensive package of step by step instructions for basic strategies.
Found this relevant book with good guidance on how to setup this and that options strategy, it's calls and put options, signals, what should be the entry and exit, etc. Also tried and tested in my trading app.. be positive!
Like many readers, I like this "simple" strategy day trading. Actually it's not that simple. The money management is its fundamental rule number one. In such short fashion, the book gave a clear DT strategy plus money management, enough to make a living. Highly recommend.
a complicated look at trading stock online. a lot of practical information on how to track stocks, buy and sell based on gain and loss goals, and enhance one's knowledge of trade. interesting. wish I had time to try it.less than an hour read.
For beginners: if you want to understand the strategy, you will need further research. If you want to apply it like a robot, it really is simple and takes less than an hour to be implemented.
Does it make money? I don`t know yet. I will update after some testing.
It helps steer you in a more stable direction any trading Boolean tell you what you need to do but this gives you the tools and the strategy to get started thanks