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The Art of Trend Trading: Animal Spirits and Your Path to Profits Hardcover – December 2, 2015
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From the Inside Flap
Are you still looking for the ultimate trading system? A way to game the market and uncover the secret to profitable investing? You should be looking for your systemthe strategy that aligns with your personal style of tradingbecause the one thing all consistently successful traders have in common is relying on their instinct and intuition when managing investment plans. They look beyond the formula to The Art of Trend Trading.
Celebrity trader, bestselling author, and CEO Michael Parness shares his personal insights into how a full spectrum of trading styles move by animal spirits more than steadfast fundamentals, and then provides the practical ways you can grow your wealth by factoring human behavior into your trading strategy. Whether you're a newbie trader or a Wall Street influencer, this book has what you need to succeed. Michael's refreshing explanations bring to life the moment when gut instinct drives technique and brilliant traders take more profit out of the market than run-of-the-mill technicians. Through the same evocative, mind-opening delivery style that sells out his seminars year after year, Michael takes you through every step of his entire thought process. The book will explore:
- Using technical analysis to trade gaps
- Riding trends while managing risk
- Trading the intraday time frames when power trading
- Profiting in bull and bear markets by trading options
- Making your daily goals in an hour or less
Markets are measured by concrete numbers, which often makes traders forget they are applying their algebraic trading systems to a human-driven industry. Just ask Michaelhe'll tell you financial freedom starts with The Art of Trend Trading.
From the Back Cover
Look inward for the missing piece to your trading strategy
The Art of Trend Trading bucks the trend of hardcore fundamentals to show you how blending instinct and strategy is the longtime secret successful investors don't talk about. Legendary trader Michael Parness reveals the psychological edge missing from too many trading strategies solely focused on technical indicators. By using animal spirits as a metaphor and tool, he shows you how some traders' natural tendencies may run counter to their strategies, and how this dichotomy may be the shackle holding them back from maximizing their take of the markets. Start developing your own market instinct right away by following Michael's coveted guidance for tapping into your natural intuition. To facilitate your transformation, you will:
- Discover the actual methods Michael used to turn himself into a millionaire with roughly $33,000
- Customize a trading approach based on your own strengths and weaknesses
- Take action steps to develop your instinct as part of your strategy
- Hear from real-world traders drawing consistent money from the markets
Use The Art of Trend Trading to acquire wealth like an animal.