From the Inside Flap
No one cares more about your money than you do. Even when using qualified investment advisors, mutual funds, and stockbrokers, having the skills to manage and monitor your assets is vital. Therefore, whether you take complete responsibility for your trading and investing decisions or oversee professionals you hire to do it for you, understanding the market is one of the wisest decisions you can make.
As founder and CEO of the highly acclaimed MarketWise.com, bestselling author David Nassar has educated and mentored thousands of traders and investors from around the world to achieve financial freedom and success. Filled with valuable trading insights drawn from Nassar's renowned MarketWise Foundational Analysis course, Ordinary People, Extraordinary Profits shares the lessons of his success and that of Wall Street proswho have prospered in nearly every conceivable stock market environmentand reveals the ideas, methods, and techniques needed for successfully trading in any market. So whether you are, or want to be, a short-term stock trader or long-term investor, the in-depth insights and proven tools contained within this book can give you the statistical and psychological edge to beat the Streetconsistently!
Ordinary People, Extraordinary Profits provides you with a solid trading and investing foundation by explaining the key aspects of fundamental and technical analysisincluding risk management. Unlike other trading guides that advocate a single approach to trading, Ordinary People, Extraordinary Profits offers a wide variety of trading strategies and instruments, and lets you tailor your strategy to any trading time horizon.
From the basics to the complex, Nassar reveals what you need to make it as an independent trader and investor, including:
- The discipline of foundational analysis, a proprietary method that holds that only a few key variablesprice, volume, time, and velocityare needed to fully comprehend the essence of stock (options and futures) price fluctuations
- Chart patterns that measure market psychologythat few people ever see
- Proven proprietary technical indicatorsusing the MarketWise "Profiler" techniques, scanning the market for "honest" trends will immediately highlight your trading while also eliminating market noise
- Profitable trading strategies and conceptsalgorithmic trading with technology, pairs trading, hedging using options, momentum trading, swing trading, and short selling like a pro
- Important trading vehicles other than stocks E-Mini contracts, options, and exchange-traded funds (ETFs)
As you progress through Ordinary People, Extraordinary Profits, not only will you discover how to trade more profitably, you will also gain the confidence to make the right decisions at the right time to reduce risks and maximize gainsand ultimately, this is what will make you a better trader and investor.
From the Back Cover
Praise for Ordinary People, Extraordinary Profits
"Traders who want to take years off their learning curve and harness the latest technological advances will greatly benefit from the market insights provided by this comprehensive study guide."
Stuart Townsend, founder/President, Townsend Analytics, Ltd., developers of RealTick®
"Dave Nassar lays out a clear road map for those who commit themselves to the road to trading success. He clearly explains the variety of tradeable equities and derivatives, then goes on to show the reader how to interpret charts and technical indicators. It's not just a pile of numbers and graphs thoughNassar delves into the psychology of trading as well as the nuts and bolts."
Theresa Carey, Barron's
"Ordinary People, Extraordinary Profits is a pretty ambitious title, but Nassar carries it off. Easy to read and easy to follow, this book covers the waterfront from the emotional demons of trading to charts and strategies. A must-read for the serious trader and trader-to-be."
Gail Osten, Executive Editor, SFO magazine
"Ordinary People, Extraordinary Profits is an easy-to-read compilation of how to make money in the stock market. I have known David for many years, and this is a rare opportunity for anyone interested in making money in the stock market!"
Bill Lupien, professional trader, specialist, and market maker for more than forty years, former chairman/CEO, Instinet
"As founder of Traders' Library, I have spent my career analyzing traders, authors, and quality educational products for the trading and investing space, and I can tell you that the content of this course book is worth far more than the cover price. This book affords the rare opportunity to gain a unique edge in the market."
Chris Myers, President, Traders' Library