Market Trading Tactics: Beating the Odds through Technical Analysis and Money Management
- Book Review,
by Daryl J. Guppy
Book Description
Market Trading Tactics Beating the Odds Through Technical Analysis and Money Management Market Trading Tactics is a handbook of trading tactics, touching on the major charting techniques and indicators. It shows how to formulate realistic money management techniques and helps the private trader use all these indicators to search for the best trading opportunities. It shows how to plan entry set-ups and how to devise disciplined stop-loss techniques. The book outlines a flexible day-to-day plan of action that enables traders of all levels to trade with greater direction and confidence. Author Daryl Guppy also discusses how to go about the daily search for new trading opportunities and offers ready-to-use formulae to ease the process. He explains how best to exploit trading opportunities and discusses managing the position to maximize profitability. The book is supported on www.guppytraders.com with constantly updated material. Guppy takes position-trading beyond the basics as he describes in easy-to-understand detail how it is possible for any trader with an understanding of the market to maximize the prospects of success by using the right trading tactics. "Extremely entertaining and well-written book which explains the ins and outs of technical analysis in a way which is not only understandable but readily applicable. This book is certain to become a standard in the libraries of traders and others interested in the development of trading mastery." - Ari Kiev, M.D., author of Trading to Win: The Psychology of Mastering the Markets "Daryl Guppy has detailed a series of down-to-earth and practical methodologies that provide an invaluable, solid foundation to assessing and managing risk in today's markets. This must be considered as required reading for both new and seasoned investors intending to commit their funds to trading in the equity market." - Ian Copsey, Executive Director of Mandarin Capital Technologies Pte. Ltd. and author of Integrated Technical Analysis "Guppy proves he's no small fish in understanding the art and science of trading. You will learn from this book." - Larry Williams, author of Long-Term Secrets to Short-Term Trading
Book Info
Revised and updated edition of text originally published under the title: Trading Tactics: An Introduction to Finding, Exploiting and Managing Profitable Share Trading Opportunities, c1997. Handbook of trading tactics, touching on the major charting techniques and indicators. DLC: Investment analysis.
From the Publisher
I have recently read the book "Market Trading Tactics". Of all the past investments that i have made (starting only this past month) this was the best pick with the largest return. Although the book caters to what I find to be a louder term investing strategy than I would like to use I have taken all of the suggestions in the book and applied them to my pseudo day-trading. I was down 1,350.00 not making a single winning trade. Today I used the tech analysis system described in the book of buy points and sell point to make my very first profit in the stock market. My wife up till today thought that my investment ventures were a waste of time, after today she is now Guppy's biggest fan. I spent a great deal of time comparing Guppy's methods with historical data on issues that I had traded on this past month, had I used the methods then, on these same stocks, I would have been leaving town this weekend on vacation in style. I will continue to use the recommended style of trading as long as I invest, or at least till Guppy's next book comes out with a new plan. Thank you Mr. Guppy --David Parker
From the Inside Flap
Comments from readers of the first edition: "Quite simply, your material puts all the theory into practice and this enables traders of all levels to trade with greater direction and confidence." - Sam, private trader "I like your trading philosophy and all your words of caution. This is a reference book to be used at all times." - Sudarshan, private trader "Your book is well organised, lucid and stimulating. We are preparing to (trade) and your text gives us some clear directions and precautions." - G & T Walters, new traders "Your book has saved me from an expensive mistake. I commend you on having a down-to-earth and practical approach which is easy to read. I am also appreciative of the credence you give to bias and emotions in trading. Your books have given me a really good foundation on which to progress. You are not secretive about what you use and why, and communicate your ideas in a very genuine way." - D Marrion, trader
Back Cover Copy
Market Trading Tactics Beating the Odds Through Technical Analysis and Money Management Market Trading Tactics is a handbook of trading tactics, touching on the major charting techniques and indicators. It shows how to formulate realistic money management techniques and helps the private trader use all these indicators to search for the best trading opportunities. It shows how to plan entry set-ups and how to devise disciplined stop-loss techniques. The book outlines a flexible day-to-day plan of action that enables traders of all levels to trade with greater direction and confidence. Author Daryl Guppy also discusses how to go about the daily search for new trading opportunities and offers ready-to-use formulae to ease the process. He explains how best to exploit trading opportunities and discusses managing the position to maximize profitability.Guppy takes position-trading beyond the basics as he describes in easy-to-understand detail how it is possible for any trader with an understanding of the market to maximize the prospects of success by using the right trading tactics. "Extremely entertaining and well-written book which explains the ins and outs of technical analysis in a way which is not only understandable but readily applicable. This book is certain to become a standard in the libraries of traders and others interested in the development of trading mastery." - Ari Kiev, M.D., author of Trading to Win: The Psychology of Mastering the Markets "Daryl Guppy has detailed a series of down-to-earth and practical methodologies that provide an invaluable, solid foundation to assessing and managing risk in today’s markets. This must be considered as required reading for both new and seasoned investors intending to commit their funds to trading in the equity market." - Ian Copsey, Executive Director of Mandarin Capital Technologies Pte. Ltd. and author of Integrated Technical Analysis "Guppy proves he’s no small fish in understanding the art and science of trading. You will learn from this book." - Larry Williams, author of Long-Term Secrets to Short-Term Trading
About the Author
Daryl Guppy is a full-time private position-trader trading specializing in equities and associated derivatives markets. He is also the author of several books including Share Trading and Chart Trading. He is a regular contributor to trading magazines including Technical Analysis of Stocks and Commodities, and to web portals including Asiastockwatch. He trades from a very remote location, his home in Katherine in the Northern Territory of Australia, some 3,000 kms from the nearest Exchange. As a result he makes full use of electronic systems to actively trade Australian and overseas markets. He is a regular speaker for the Sydney Futures Exchange and conducts public trading workshops, and equity and futures brokerage sponsored seminars, throughout Australia and Asia. He provides in-house training support for fund managers, brokerage dealers and remisiers. He is retained as a consultant by several brokerages to advise on the development of Internet-based brokerage and trading services.
Buy from Amazon
Compare Prices
|
|
Home
