Pham The Big Trade

Simple Strategies for Maximum Market Returns
1. Auflage 2012
ISBN: 978-1-118-49896-5
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 208 Seiten, E-Book

Reihe: Wiley Trading Series

A powerful, profitable, and elegantly simple system for traders
Markets can be extraordinarily complex, and unfortunately most trading systems are too. The Big Trade presents a new system that helps filter out the noise. It leaves behind only meaningful signals you need to listen to in order to make profitable trades. Employing simple math and charts, it codifies the past behavior of traders in your favourite stock to assist you to recognize high probability trading patterns.
Peter Pham's system breaks with traditional analytical tools and rejects the theory of predictability. Instead, it lets traders understand both how markets are structured and how they behave. The result is a simple action plan that is as effective and applicable for day traders as it is for generational investors. Blending his personal story and analytical techniques, The Big Trade guides traders of all experience level to find the probability that a stock price will rise or fall in a particular time period.
The Big Trade:
* Gives traders a powerful, yet simple trading methodology
* Was written by a trader with twelve years of both buy and sell side experience in global equities trading
* Is appropriate for most styles of trading, including institutional investing and day trading
For traders who want a universal approach that works for any market at any time, The Big Trade offers a new and effective methodology for successful trading without gimmicks or magic formulas.

Autoren/Hrsg.

Pham, Peter

Inhaltsverzeichnis

Acknowledgments xi
Preface xiii
Chapter 1 Breaking with Tradition 1
Then I Got High 1
Training Sequence 5
Technical Difficulties 8
Reading Is Fundamental 17
Inductively Coupled Failure 19
The Big Trade 22
We're Getting the Band Back Together 23
Summary 26
Chapter 2 The Conditions of Change 27
Livin' on the Edge 27
Closing Time 31
The Outsiders 36
Living Day to Day 38
Sold to the Highest Bidder 42
Breaking It Down 49
Finites Move in Infinite Markets 55
Summary 61
Chapter 3 Wax On, Wax Off 63
What Goes Around Comes Around 63
It's Always Noon Somewhere 71
Opening Range Jitters 77
Objects in Motion 84
Summary 89
Chapter 4 As the Market Turns . . . 91
Subconscious Implications 91
Elephant Walk 95
Breakouts versus Reversals 98
Losing Your Inhibitions 100
Reversal of Fortune 103
Traders Do It with Frequency 111
Rules of Engagement 112
Turn Around and Make Money 116
Heading for the Exits 119
Becoming a Reactionary 125
Summary 126
Chapter 5 The Range Is Your Friend 129
Sideways 129
Waves of Sentimentality 132
Where Are They Now? 135
The Edge of Value 137
The Great One 141
Summary 143
Chapter 6 Closing Arguments 145
Crossing the Great Stream 145
Pressing the Issues 150
The Point of the Journey Is Not to Arrive 153
Summary 156
Appendix A Terms and Definitions 159
Appendix B Trading Examples 163
Appendix C Spreadsheet Examples 181
Appendix D Supporting Data for Nvidia Example in Chapter 4183
About the Author 187
Index 189

Über Autor(innen)

PETER PHAM is recognized worldwide as an expertconsultant in global equities with more than twelve years ofexperience in all aspects of capital markets. He has held seniorpositions at several respected brokerage and investment firms, andworked with some of the world's largest international funds. Pham'ssite, AlphaVN.com, is an independent research and consulting firmfocused on Southeast Asia, where he publishes his views on thecapital markets and trading daily. He was a rated broker inAsiamoney's 2012 Broker Poll of fund managers and currentlyresides in Ho Chi Minh City, Vietnam.