From the Back Cover
Mastering Trade Selection and Management shows you how to mentally prepare yourself for trading on a daily basis, orient yourself to trade with the trend, and tap into your market intuition. Using Jay Norris’s simple system and easy-to-read charts and graphs, you will stay on point during the process of trade selection and timing—which is the key to properly managing a trade from entry to exit.
This authoritative guide shows you how to successfully trade through back-testing and demo trading before risking real money in the market. Apply Norris’s proven five-step trading method to:
- Identify the right market to trade
- Determine which way the market is moving
- Set an entry and exit price based on quantifiable factors
- Monitor and manage the trade until you exit
Mastering Trade Selection and Management equips you with effective tools and methods for accurately appraising critical factors affecting a market. Even those out-of-the-blue situations that occur during the trading day can easily be managed with the methods described in this comprehensive guide.
Traders who think they can predict the markets are doomed to fail. Instead, let Mastering Trade Selection and Management show you how to measure a market’s direction and momentum for maximum profit.
About the Author
Jay Norris is the Chief Market Strategist and host of Live Market Exercise for Clovernest Financial Group in Chicago (www.clovernest.com). He worked on the trading floor of the Chicago Board of Trade throughout the 1980s and 1990s in various roles before moving to the customer side of the business in 2001. He has published several articles about trading in Technical Analysis of Stocks & Commodities magazine. Norris is the coauthor of Mastering the Currency Market.
Al Gaskill has nearly 40 years of trading experience. He is a founder of Trading-U.com and coauthor of Mastering the Currency Market.