The Simple Strategy - A Powerful Day Trading Strategy For Trading Futures, Stocks, ETFs and Forex

Description

Learn A Powerful Day Trading Strategy In Less Than 60 Minutes A profitable trading strategy is the most important tool for a trader. This book explains a powerful trend-following day trading strategy for trading futures, stocks, ETFs and Forex. "The Simple Strategy" Is Easy To Understand And To Trade The Simple Strategy is very popular amongst traders for the following reasons: Clear Entry Rules When trading “The Simple Strategy”, there’s no second-guessing. As you will see, the entry rules are based on indicators - and these rules are black and white. Either the MACD is above the zero line or it isn’t. And either the RSI is above 70 or it isn’t. The entries are easy to identify and execute. That’s why this strategy is called “The Simple Strategy” Clear Exit Rules When trading “The Simple Strategy” you’ll know when to exit even before you enter the trade. So, you know exactly how much to risk on any given trade which is essential for precise position sizing and money management. Plus, you can put the trade on auto-pilot once your entry order is filled. This keeps trade management to a minimum. It's easy and simple. Taking advantage of small intraday trends These days trends are short-lived. The times when you could enter the market in the morning and exit the market in the afternoon are over. These days the markets can turn on a dime. Low trading commissions and computerized trading have destroyed the nice and long intraday trends. However, with “The Simple Strategy” you can take advantage of the small intraday trends that we are seeing in today’s markets. You don’t need a sophisticated trading software If you want to trade "The Simple Strategy", you only need a charting software with “basic” charting capabilities: Your charting software needs to be able to plot RANGE BARS, BOLLINGER BANDS, MACD and RSI. More than 90% of the charting software packages that are available today have these capabilities. There’s no need to buy any proprietary indicators or expensive charting software! In short: “The Simple Strategy” can greatly simplify your trading. *** WARNING: This Book Is NOT For Everybody! *** Do NOT buy this book if... ... You Are Looking For The "Holy Grail" Because it doesn't exist! When trading “The Simple Strategy”, there will be losses! Losses are part of our business as traders. The good news: If you follow the rules of "The Simple Strategy", then you will make more money on your profitable trades than you lose on your losing trades. In fact, the risk/reward ratio of this strategy is 1 : 1.5, so you can expect to make $150 for every $100 you risk. ... You Want To Automate Your Trading Strategies "The Simple Strategy" will give you clear entry signals, but it's up to YOU to decide if you want to take the signal. As an example, I personally do NOT trade right into a major report. And I only trade the first two hours after the markets open, since most trends occur during this time. Makes sense? <... You Are Absolutely New To Trading You should have a basic understand of charts and how to use them. And you need to know how to display indicators on your charting software. This book is NOT an introduction into trading. In this book you will learn how to configure your charts, when to enter a trade, where to place your stop loss and when to take profits. This book is not promising trading riches. But if you use "The Simple Strategy" as outlined in this book, you will put the odds in your favor with a proven trading strategy. Ready To Get Started? At this price you can't lose, so scroll up and grab a copy today! Review: Great Little Book! Step by step instructions - Great little book! Shows you each step to the strategy with great examples! It won't make you a millionaire but it will give you a fantastic idea into the technical side of trading for beginners and after studying the strategy and testing it I found it a very useful and stress free way of trading! Great fun, for the price of the book I think anyone interested in trading should not only give it a read but also give it a go! NOT MANY BOOKS LIKE THIS OUT THERE SO PICK IT UP YOU WONT REGRET IT! Review: Foundational text to study the financial market. - Great book for the price. If the author used Candlestick chart system, the five stars could be given. Somehow the author always use the bar chart system, which is inferior than candlestick system that convey the information quickly and efficiently. The book is solid argument. The author does not give usual 'get rich quick' 'you can make millions from your mobile phone by trading' nonsense. He was IBM senior executive (in Germany), and knows IT system well. His conversion from 9 to 5 wage slave to full time home-based trader by studying financial market reflects his meticulous logics. Any strategy works so long as the big institutional investors do not prevent retail traders by using superior IT, trading systems. The strategies written here need to be taken as an examples, not as fail-safe. The value of this book lies in the methodology of the author's analysis. This is not simple book as some reviewer made it sounds like. This is good foundational text to study the financial market, particularly applicable for daytrading.