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High Impact Day Trading: Powerful Techniques for Exploiting Short-Term Market Trends

AUTHOR: Robert M. Barnes
ISBN: 0786307986

SHORT DESCRIPTION: High-Impact Day Trading is a well-researched, understandable method to mastering the art of day trading. This increasingly popular method is quickly becoming the most dynamic route to landing and securing profits in today's fast-moving markets....

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         Editorial Review

High Impact Day Trading: Powerful Techniques for Exploiting Short-Term Market Trends
- Book Review,
by Robert M. Barnes

Book Description
In this bestselling work, Robert Barnes lays bare the Mountain-Valley Trading System, an amazing new system with intraday trading results so powerful and accurate that it convinces even veteran traders! Trading a single contract and entering and exiting the market on the same day to minimize risk, the system produced: $6,375 monthly gain in coffee; $6,062 monthly gain in the British pound; $2,525 monthly gain in silver; $5,600 monthly gain in the S&P; $4,025 monthly gain in the Japanese yen.


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         Book Review

High Impact Day Trading: Powerful Techniques for Exploiting Short-Term Market Trends
- Book Reviews,
by Robert M. Barnes

High Impact Day Trading: Powerful Techniques for Exploiting Short-Term Market Trends

FROM THE PUBLISHER

High-Impact Day Trading is a well-researched, understandable method to mastering the art of day trading. This increasingly popular method is quickly becoming the most dynamic route to landing and securing profits in today's fast-moving markets. From his initial discussion of the strengths and weaknesses of many of today's methods, noted trader and researcher Robert M. Barnes' proceeds to discuss the Mountain/Valley Trend theory, and how its ability to handle price movements within the day makes it the odds-on favorite to securing trading profits by day's end. Barnes' Mountain/Valley Trend Theory allows a trader to sift out meaningless "hills," identifying and concentrating on more meaningful and profitable mountains. In Barnes' documented examples, day trading on the high-volatility British pound tested with March 1995 price data, yielded a high-percentage success rate and average profits of $253 per trade. Active, speculative trading on coffee in June 1995 yielded before-cost profits of more than $6,000. And an even more sedate trading style on coffee trading produced a $378 profit per trade! These outstanding results are replicated and documented across numerous commodities, including a variety of currencies, grains, meats, metals, stock indices, foods, fibers, energies, and interest rate contracts. Barnes instinctively understands how day trading is the superior method for reaping profits in today's market, and explains his theories and practices in clear language and examples that break the code of the trading floor.


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