Trading Strategies from a Trading Skeptic

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  • Trading Strategies from a Trading Skeptic Book Detail

  • Author : Dan Murphy
  • Release Date : 2013-05
  • Publisher :
  • Genre : Day trading (Securities)
  • Pages : 186
  • ISBN 13 : 9780989483308
  • File Size : 71,71 MB

Trading Strategies from a Trading Skeptic by Dan Murphy PDF Summary

Book Description: Fact: 95% of short-term traders lose money. Even worse, the average stock-picking newsletter has returned -3.7% annually over the past 30 years (Source: Jack Schwager, Market Sense and Nonsense). Despite the seemingly insurmountable odds of becoming a successful trader, it is not only possible, but also probable. But you need to be pointed in the right direction. Inside, you will find the roadmap to becoming a successful systematic trader from a trading skeptic who has never trusted a guru or talking head marched on TV if he can't test their ideas. Here are the highlights: How to automate your trading by working 10x smarter so you can make 10x more money, at 10x the speed, all while having 10x more free time and fun. How to ditch your trading hobby and create your trading business. How to cash in on a $25,000 reward for this one idea. The greatest enemy to your success as a trader. What the Holy Grail of trading is, and more importantly, what it isn't. How to overcome the pitfalls of back-testing before you blow out your account. The "make it or break it" test you must subject every trading strategy to. If it doesn't pass this, it won't work with real money. Why technical analysis is not only dead, it was dead on arrival. The trick to speed up your system design process from months to less than a week. How to profit from a simple change in trading that exposes the flaw of a multimillion-dollar industry. And much more...

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Trading Strategies from a Trading Skeptic

Trading Strategies from a Trading Skeptic

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Fact: 95% of short-term traders lose money. Even worse, the average stock-picking newsletter has returned -3.7% annually over the past 30 years (Source: Jack Sc