Optimize Your Trading Edge: Increase Profits, Reduce Draw-Downs, and Eliminate Leaks in Your Trading Strategy

Optimize Your Trading Edge: Increase Profits, Reduce Draw-Downs, and Eliminate Leaks in Your Trading Strategy PDF Author: Bo Yoder
Publisher: McGraw-Hill Education
ISBN: 9780071498463
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
You can't profit without an edge Without an edge, the costs of trading will cause you to lose money over the long haul. In order to gain an edge in trading, you must find a statistical advantage within a market. And the best edges come from market shifts fueled by a trader’s psychology. In Optimize Your Trading Edge, investing expert Bo Yoder provides traders in every market with the insight needed to hone their current trading strategies with edge analysis. Optimize Your Trading Edge explains the important dynamics of statistical probability and how it applies to the unpredictability of the financial markets caused by human behavior—that is, cognitive biases. This essential guide shows you how to evaluate the profit expectations of a specific trading strategy and fine-tune that plan to best exploit its market edge. Discover what successful traders have achieved through edge analysis: Increased earnings Reduced draw downs resulting in greater,low-risk leveraging A keener eye for finding and ending profit leaks Precision timing for trading a setup Bo Yoder has taught thousands of traders worldwide in equities, futures, and foreign exchange markets how to increase profitability and optimize their edge regardless of the market environment. By making trading decisions based on statistical probability, you can trade with more confidence, control, and aptitude. Through clear explanations and real-world examples, you’ll learn the valued secret of “trading smarter, not harder,” and with the wealth of practical worksheets inside, you’ll have all the tools you need to incorporate this proven method into your trading strategy. Understanding market movement and the cognitive biases driving them is a critical skill of the profitable investor. To gain a real edge, traders must determine their probability of success in any given market. Optimize Your Trading Edge delivers the methods and tools that will become an essential part of your trading arsenal.

Optimize Your Trading Edge: Increase Profits, Reduce Draw-Downs, and Eliminate Leaks in Your Trading Strategy

Optimize Your Trading Edge: Increase Profits, Reduce Draw-Downs, and Eliminate Leaks in Your Trading Strategy PDF Author: Bo Yoder
Publisher: McGraw-Hill Education
ISBN: 9780071498463
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
You can't profit without an edge Without an edge, the costs of trading will cause you to lose money over the long haul. In order to gain an edge in trading, you must find a statistical advantage within a market. And the best edges come from market shifts fueled by a trader’s psychology. In Optimize Your Trading Edge, investing expert Bo Yoder provides traders in every market with the insight needed to hone their current trading strategies with edge analysis. Optimize Your Trading Edge explains the important dynamics of statistical probability and how it applies to the unpredictability of the financial markets caused by human behavior—that is, cognitive biases. This essential guide shows you how to evaluate the profit expectations of a specific trading strategy and fine-tune that plan to best exploit its market edge. Discover what successful traders have achieved through edge analysis: Increased earnings Reduced draw downs resulting in greater,low-risk leveraging A keener eye for finding and ending profit leaks Precision timing for trading a setup Bo Yoder has taught thousands of traders worldwide in equities, futures, and foreign exchange markets how to increase profitability and optimize their edge regardless of the market environment. By making trading decisions based on statistical probability, you can trade with more confidence, control, and aptitude. Through clear explanations and real-world examples, you’ll learn the valued secret of “trading smarter, not harder,” and with the wealth of practical worksheets inside, you’ll have all the tools you need to incorporate this proven method into your trading strategy. Understanding market movement and the cognitive biases driving them is a critical skill of the profitable investor. To gain a real edge, traders must determine their probability of success in any given market. Optimize Your Trading Edge delivers the methods and tools that will become an essential part of your trading arsenal.

The Trading Edge

The Trading Edge PDF Author: Rickey Cheung
Publisher: John Wiley & Sons
ISBN: 0470822163
Category : Business & Economics
Languages : en
Pages : 265

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Book Description
THE TRADING EDGE How to trade Like a Winner "Rickey Cheung work is outstanding. His book is highly recommended not only for the logic of his systematic approach in developing a trading edge but primarily for the approach he presents in becoming a successful trader. His systems have been tracked for over two years now (without benefit of hindsight) and the results speak for themselves: No. 1 in the SP'S systems in current issue." - John Hill, Futures Truth magazine "Rickey Cheung lays out in plain-language a step-by-step detailed trading plan for anyone who has the thirst and discipline to become a truly successful trader. After reviewing literally hundreds of trading systems and methods each year I can say that he has succeeded in producing what seems to be his life's masterpiece. His method and style are inspiringly different, innovative and unique." - James R. Casper, Founder, Olive Tree capital "Rickey Cheung has created a masterpiece that provides a practical and comprehensive perspective of today's market trading. Without the promise of a "Get rich quick scheme." , it is truly a great way to make money. I am currently using most of the RC systems and will be happy to add more as they become available. In my 29 years in this business, I have seen virtually every indicator and trading system available. Nothing, however, compares to the exceptional work of Rickey Cheung. Bravo! - Mike Meisner, Founder & Fund Manager, Phoenix Diversified Investment Corp "In this book, Rickey Cheung demonstrates that to be a successful trader, you must hone the skills of your craft by constantly reviewing the data and your performance to find your edge... He not only explains what this edge is, and how to use it, but he also shows you how he discovered it. It is this later point that I found most interesting." - William H. Gibbs, Former President, University of Phoenix

Trading on the Edge

Trading on the Edge PDF Author: Guido J. Deboeck
Publisher: John Wiley & Sons
ISBN: 9780471311003
Category : Business & Economics
Languages : en
Pages : 426

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Book Description
Experts from the world's major financial institutions contributed to this work and have already used the newest technologies. Gives proven strategies for using neural networks, algorithms, fuzzy logic and nonlinear data analysis techniques to enhance profitability. The latest analytical breakthroughs, the impact on modern finance theory and practice, including the best ways for profitably applying them to any trading and portfolio management system, are all covered.

Trade the Markets with an Edge

Trade the Markets with an Edge PDF Author: Larry Jacobs
Publisher: CreateSpace
ISBN: 9781500103958
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
This is an important book discussing the use of different strategies methods about trading. It was written by over 30 expert traders. The book was designed to help you develop your own trading edge in the markets to put you above others who don't have an edge and just trade by the seat of their pants. 90% of traders actually lose in the markets and the main reason is simply that they don't have an edge. All of the writers in this book are very experienced and knowledgeable of different ways. Each of them has their own expertise in trading the markets. What sets these traders apart from other traders? Many think that beating the markets has something to do with discovering and using some secret formula. The traders in this book have the right attitude and many employ a combination of fundamental analysis, technical analysis principles and formulas in their best trading strategies. This gives them a trading edge over other traders. If you want to be successful at trading, you too must have your edge. One needs to find successful trading strategies and implement them in their own trading method. The purpose of this book is to present to you the best trading strategies of these traders so that you might be able to select those that fit you best and then implement them into your own trading style. I wish to express my appreciation to all the writers in this book who made the book possible. They have spent many hours of their time and hard work in writing their section of the book and the putting together their video presentation for the online expo.

Winning Edge Trading

Winning Edge Trading PDF Author: Ned Gandevani
Publisher:
ISBN: 9781119204336
Category : Investment analysis
Languages : en
Pages : 224

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Book Description
An innovative and comprehensive approach to profitable trading in these turbulent times. Winning Edge Trading shows how to trade any market for great profits. Using the unique and innovative trading strategies and systems outlined here, you can trade stocks, ETFs, and futures to achieve market-beating returns. Written by system developer Dr. Ned Gandevani, this book provides an antidote to active investors and traders who are frustrated by stagnant and declining markets. Dr. Gandevani shows you how to maximize your profit while minimizing your risk with his innovative and comprehensive approac.

Trade the Trader

Trade the Trader PDF Author: Quint Tatro
Publisher: FT Press
ISBN: 0132101610
Category : Business & Economics
Languages : en
Pages : 223

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Book Description
When you trade, you're not just trading companies that deliver goods or services. You're trading against other traders who care about only one thing: taking your money. That's the #1 hard reality of trading - and most traders either don't know it, or don't act as if they do. In this book, top trader and hedge fund manager Quint Tatro shows how to win consistently in the "zero sum" game of trading, where there's a loser for every winner. You'll learn how to reflect your trading competition in every facet of trading and investing: choosing companies to invest in, knowing when to jump in and out of the market, and mastering the psychology and gamesmanship of trading. Coverage includes: Understanding the "other side of the trade": the thousands of pros you're trading against. Finding a technical edge with technical analysis you can exploit over and over again. Understanding sentiment and overcoming the human emotions and biases that cost you dearly. Utilizing the most essential strategies of fundamental analysis. Playing positions and probabilities, not P+Ls. Recognizing and capturing huge opportunities in down markets.

The Market Taker's Edge: Insider Strategies from the Options Trading Floor

The Market Taker's Edge: Insider Strategies from the Options Trading Floor PDF Author: Dan Passarelli
Publisher: McGraw Hill Professional
ISBN: 0071754946
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
TRADE OPTIONS LIKE A SEASONED PRO! A Trading-Floor Veteran Shares his Secrets "What I like about Dan's book is that it's obvious he isn't just telling you how to trade, he's telling you how he trades. There's always a big difference between those who teach trading from an academic standpoint and those who have traded and have the ability to walk investors step by step through the trade. For my money, I always seek advice and counsel from those that walk the walk and Dan Passarelli has walked the walk." Jon Najarian, cofounder Trademonster.com On Dan Passarelli’s first day as a clerk on the exchange floor, he spent the morning observing, practicing his hand signals, and running errands. Around midday, the veteran clerk he worked with said to him, “You’re up. I’m going to lunch.” Dan survived his trial by fire and went on to spend many years on the trading fl oor. He credits his success as a trader and educator to the hands-on experience he gained throughout his career. With The Market Taker’s Edge, Passarelli shares the knowledge and insights other floor traders keep tight to their chests—the knowledge you need to beat the market on a regular basis. This market maker turned market taker delivers a focused commentary on key concepts for operating in the options exchange like a pro. He offers a candid look at the ups and downs of his trading career and conveys the lessons he learned along the way in an informative and often entertaining way. After spending time on the floor in his shoes, you’ll understand: How professional traders attempt to make money—and why it’s different from the way you make money Why market makers are not the enemy How both market takers and market makers can profit while taking opposite sides of the same trade How to focus on what is important in a trade and avoid the noise Dan Passarelli has already taught thousands of people how to make a living as traders, and now with The Market Taker’s Edge, he can help you do it, too.

Trading Options for Edge

Trading Options for Edge PDF Author: Mark Sebastian
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 1501505572
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
If you have experience in option trading, or a strong understanding of the options markets, but want to better understand how to trade given certain market conditions, this is the book for you. Many people have some knowledge of trading strategies, but have no idea how to pull it all together. Mark Sebastian’s latest book will teach trade evaluation, using Greeks, trading various spreads under different market conditions, portfolio-building, and risk management. Sebastian’s approach will help traders understand how to find edge, what kind of trade under what conditions will capture edge, and how to create and successfully hedge to help you build your own personal Goldman Sachs or Merrill Lynch. The book demonstrates how to structure a portfolio of trades that makes more money with less risk. Click here to watch the author's interviews with Fox Business and Nasdaq: http://video.foxbusiness.com/v/5759956686001/ https://youtu.be/dOEJ118vMnA

The Mental Edge in Trading : Adapt Your Personality Traits and Control Your Emotions to Make Smarter Investments

The Mental Edge in Trading : Adapt Your Personality Traits and Control Your Emotions to Make Smarter Investments PDF Author: Jason Williams
Publisher: McGraw Hill Professional
ISBN: 0071799419
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
LEVERAGE YOUR MOST POWERFUL TRADING ASSET: YOUR PERSONALITY The Mental Edge in Trading explains the critical link between successful trading and personality traits--and it gives you the tools to use this information to make smarter trades. A highly trained psychiatrist, Dr. Jason Williams, son of legendary trader Larry Williams, explains how to assess and measure your innate personality traits and align them with your trading style for more profitable trading on a more consistent basis. Dr. Williams tested proven winning traders who were managing billions of dollars to see what the great winning traders had in common, what personality traits made them so successful. The results are in this groundbreaking book that will help you become like these winning traders. His conclusions are based on hard science, the latest brain research, and the careful study of successful traders, not on psychobabble meanderings. Dr. Williams provides: A comprehensive overview of how personality/emotions affect every trading decision The information you need to determine the emotions that dominate your decision making Proven methods for adapting your trading plan--and your behavior--to make more money than ever With The Mental Edge in Trading, you have everything you need to apply your cluster of personality traits to become a better, wiser, and more consistently successful market trader. Solid trading strategies and accurate market indicators are crucial. But when push comes to shove, the glue that binds them is your emotional state at any given time. When things go south, the best trading system will collapse like a house of cards--if you allow it to. The Mental Edge in Trading provides the tools you need to ensure this never happens to you by helping you understand and use your emotions when it counts most. It's the key to long-term trading success. Until now, no other book has provided a practical, detailed method for achieving the mental edge in trading. What you'll find inside is based on intensive research into the minds of today’s most profitable traders. The Mental Edge in Trading explains the immutable relationship of human thought, emotion, and behavior and reveals how to: Determine if you should be a systems or discretionary trader Conquer you underlying fear of risk by understanding where it comes from Calm innate anxieties before you start your trading day Use optimism as a "tool" for profitability Remain vigilant as to why you are placing each and every trade This complete trading-improvement tool gives you the information you need to determine and improve your personality traits, discover your dominant emotions, and use this information to adapt your behavior for more successful trading.

The Hedge Fund Edge

The Hedge Fund Edge PDF Author: Mark Boucher
Publisher: John Wiley & Sons
ISBN: 9780471185383
Category : Business & Economics
Languages : en
Pages : 392

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Book Description
Hedge Funds sind spekulativ ausgerichtete Fonds. Händler und Anleger erfahren, wie sie globale Handelsstrategien mit technischer Analyse kombinieren, um Trends gewinnbringend zu nutzen. Der Autor untersucht die wichtigsten Märkte und erklärt, wo die Chancen am besten sind, und wie man die richtige Investition auswählt. Diskutiert wird auch die Möglichkeit, starke Marktbewegungen auszunutzen, um maximale Gewinne einzufahren - die einfachste, aber auch zugleich die risikoreichste Variante. In diesem Zusammenhang wird auch auf fundierte Strategien des Risikomanagements verwiesen, um Verluste so gering wie möglich zu halten. (11/98)