The Universal Tactics of Successful Trend Trading

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THE STEP-BY-STEP, PRACTICAL GUIDE TO MAKING TREND TRADING WORK FOR YOU The Universal Tactics of Successful Trend Trading will show you how to build a sensible, sustainable trading strategy that will work for you in good times and bad. Many people fail at trend trading. You can avoid becoming one of them, if you follow the guidance in this book. In his signature, no-nonsense style, full-time trader Brent Penfold helps you discover whether you really have the chops to make money by trend trading. Like any trading strategy, trend trading is a risky business, and it takes a strong stomach to weather the losing streaks that will inevitably occur. But if you can stay the course – which is mapped out in detail inside – there is substantial profit to be had. The Universal Tactics of Successful Trend Trading will show you, with hands-on examples, how to account for the risks inherent to trend trading, so you can succeed no matter what happens on the global scene. The book includes a toolkit that you can use to help you review, select and develop trend trading strategies that work for you. Regardless of whether you supplement this book with Brent’s classic book The Universal Principles of Successful Trading, or just pick it up as a standalone, it’ll be a decision you will not regret. Get a flying headstart on trend trading with this comprehensive how-to guide The Universal Tactics of Successful Trend Trading: Finding Opportunity in Uncertainty delivers powerful and practical advice for the serious trend trader. Using the principles identified in The Universal Principles of Successful Trading, author Brent Penfold shows curious investors how to become a long-term winner with tried-and-true trend trading methodologies. The book includes in-depth and comprehensive treatments of topics like: · Why trend trading is so appealing · Popular and effective trend trading strategies · How to measure risk · Common trend trading mistakes and how to avoid them Investors and readers will also discover the importance of risk, and how to judge outcomes and strategies on a risk-adjusted basis. Perfect for anyone interested in trading successfully, The Universal Tactics of Successful Trend Trading is a key strategy guide that belongs on the shelf of anyone involved in the buying and selling of financial securities.

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Pages: 416, Edition: 1, Hardcover, Wiley