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7 Simple Strategies of Highly Effective Traders

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PublisherHarriman House
ISBN 139780857192387
ISBN 10857192388
Book DescriptionA practical guide to the straightforward and winning strategies of successful tradersTrading is best kept simple and focused - that is the way to win. The most successful traders will tell you that they use only a small number of strategies, applying them time after time. A common mistake of losing traders, however, is to overly complicate what they do, using many different strategies at one time, or leading a never-ending search for new strategies.In 7 Simple Strategies of Highly Effective Traders, Alpesh Patel and Paresh Kiri provide a practical guide to seven technical analysis trading approaches that are simple, effective and easy to put into practice. These are the kind of strategies professional traders use to manage their trading. Throughout, readers will benefit from the trading insight and expert chart commentary of two vastly experienced traders.Included are strategies for breakout with volume, event trading, mean reversion, moving averages, short-term day trading, and more.The strategies can be used on a wide range of instruments, from equities to forex, bonds and commodities. Most of the approaches can also be used equally on UK, US or international markets.Don't waste money cycling through strategies, pursuing the Holy Grail - follow the winning approach of the pros and keep things simple.
About the AuthorAlpesh Patel is co-founder of asset manager, Praefinium Partners and www.alpeshpatel.com and has had over 200 columns on trading published by the Financial Times in his The Diary of an Internet Trader column. Alpesh is a former Visiting Fellow in Business at Corpus Christi College, Oxford University and a qualified barrister. He won the competition in the Financial Times to predict the value of the FTSE 100 over a 12 month period, coming within 0.5% of the final value. For Bloomberg TV he presented trading shows for three years.Alpesh has lectured on trading in Beijing, Hong Kong, Singapore, Guatemala, Spain, Dubai and San Francisco, and his trading books have been translated into German, French, Russian, Thai, Korean and Polish. Alpeshs trading blog is available at www.alpeshpatel.com/blog.Past clients of Alpeshs company for customer acquisition include Barclays, Goldman Sachs, American Express, Merrill Lynch, HSBC and all the major spread betting companies.
LanguageEnglish
AuthorParesh H. Kiri
Publication Date20141103
Number of Pages112

7 Simple Strategies of Highly Effective Traders

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