The Complete Trading Course: Price Patterns, Strategies, Setups, and Execution Tactics - Hardcover

Rosenbloom, Corey

Hardcover

ISBN 10: 0470594594 ISBN 13: 9780470594599

Publisher: Wiley, 2011

Synopsis

A practical guide covering everything the serious trader needs to know

While a variety of approaches can be used to analyze financial market behavior and identify potential trading/investing opportunities, no approach is completely accurate. The challenge for traders is to find a method that they feel comfortable with and are able to implement consistently, through the normal ups and downs of trading.

The Trading Course provides you with a detailed description of the methods used to analyze markets, spot profitable trading opportunities, and properly execute trades. Page by page, this book references different trading methodologies, but focuses specifically on applying them when attempting to identify good trades.

• Discusses the principles of price behavior, trends, trade set ups, trade execution, and intermarket relationships
• Details different trading tools and techniques, including Japanese Candlesticks, Elliott Wave, Dow Theory, momentum indicators, and much more

If you want to become a successful trader, you have to be prepared. This book will show you what it takes to make it in this field and how you can excel without getting overwhelmed.

About this title

From the Inside Flap

Where do you start when you first look at a stock chart? How do you classify all the conflicting signals, cut through the noise, and get straight to the point of what matters most? With so much information for the technical analyst to discover, new traders often do not know where to start or what should guide them. And if you should decide it might be a profitable trade, how do you enter, manage, and exit the trade most efficiently?

The Complete Trading Course answers the questions of traders from all experience levels and provides you with a specific pathway for analyzing your chart to find specific trading opportunities.

Built on time-tested price principles that winning traders have used for many years but have been buried under the information overload of today's high-speed, indicator-driven markets, The Complete Trading Course cuts through the theoretical aspects and esoteric information and highlights only the most important insights from a variety of disciplines. Unlike other books, it focuses on the logic behind the pattern, how it fits into the broader context on a price chart, and how to assess the integrated whole of the chart within the context of guiding price principles that underscore all trading decisions.

Perhaps most importantly, the book reveals specifics of trade execution tactics geared to the unique experiences and personality of the trader putting on the position--the "edge" that enables you to combine objective chart information with your own understanding and experience so that you can recognize a proper opportunity, manage it in real time, and exit the position properly without emotion negatively affecting your decision.

With a firm knowledge of foundational price principles, specific trade strategies for today's markets, information on edge and execution, and a clear understanding of trade set-ups, you will be fully equipped to take your trading to the next level and formulate your own personal strategies in a trading plan that will help you continue on your lifelong journey to trading success.

From the Back Cover

THE COMPLETE TRADING COURSE
A step-by-step approach to analyzing markets and making informed trading decisions

The Complete Trading Course provides aspiring traders with a detailed description of methods to analyze markets, spot profitable trading opportunities, and execute trades properly. Using a variety of approaches―such as Candlesticks, Elliott Wave, Dow Theory, and others―this book shows you how these methods overlap to identify tradable moments in the markets. Author Corey Rosenbloom skillfully explains how to identify trades based on price trend, momentum, and volatility―and how to make decisions confidently and maintain that confidence throughout the trade.

The Complete Trading Course goes beyond basic strategies to reveal how to assess your edge―the specifics of trade execution tactics geared to your unique personality―and then incorporate your experiences, stage in life, risk-tolerance, and individual psychological make-up into a lifetime of learning. By creating this unique approach, you'll learn to progress month to month and then year to year as a developing trader.

No one book, indicator, or seminar can teach you all you need to know to be a successful trader, but this timely guide lays the foundation upon which to build a lifelong trading career.

Edition details

• Publisher: Wiley
• Publication date: 2011
• ISBN 10: 0470594594
• ISBN 13: 9780470594599
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 320