Ordinary People, Extraordinary Profits: How to Make a Living as an Independent Stock, Options, and Futures Trader + DVD (Wiley Trading) - Hardcover

Nassar, David S.

Hardcover

ISBN 10: 0471712361 ISBN 13: 9780471712367

Publisher: Wiley, 2005

Synopsis

Well known trader, bestselling author, and founder of Marketwise Trading School, David Nassar is offering his 5-day/$3000 trading course in a comprehensive book/DVD package. Whether you're a novice or an active trader, this full course lets you benefit from the methods and expertise Nassar has perfected over the past decade. He covers everything from introductory to advanced methods, including technical analysis, charting patterns, risk management, Fibonacci, pivot strategies, swing trading, and short selling. The accompanying DVD features numerous individual lessons, downloadable charts, and a live trading feature that lets you watch as David trades his own account. Master the techniques of online day-trading with this comprehensive training product.

Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.

About this title

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 + DVD shares the lessons of his success and that of Wall Street pros—who have prospered in nearly every conceivable stock market environment—and reveals the ideas, methods, and techniques needed for successfully trading in any market.

Ordinary People, Extraordinary Profits provides you with a solid trading and investing foundation by explaining the key aspects of fundamental and technical analysis—including 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 variables—price, volume, time, and velocity—are needed to fully comprehend the essence of stock (options and futures) price fluctuations
• Chart patterns that measure market psychology—that few people ever see
• Proven proprietary indicators—using the MarketWise "Profiler" techniques, scanning the market for "honest" trends will immediately highlight your trading while also eliminating market noise
• Profitable trading strategies and concepts—algorithmic 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)

The companion DVD—which features live narration from Nassar and allows you to watch as he pinpoints "honest trends" for razor sharp entry and exit points—brings the content of this book to life in an exciting, easy-to-understand manner. Nassar shows you how to identify stocks, options, and futures that are suitable trading candidates using the tools and algorithms of the proprietary MarketWise "Profiler" scanning software. Then, he shows you how to monitor the market action, identify an unfolding trade, place protective stops, and pinpoint the precise time to enter and close a trade. Finally, you are given an exclusive opportunity to watch David Nassar trade real money in real time by being invited to a live trading demonstration (online)—through a special user name and password access code. Real money, real time, real cool! Through live recordings of actual trade setups, you'll understand how to apply the concepts in the course and, equally important, how to understand the emotions of entering, monitoring, and closing a trade while controlling risk. Additional DVD content includes hundreds of hours of strategies for options, charting, fundamentals, and much more! The DVD alone is worth thousands of dollars in value!

Filled with in-depth insights and expert advice, Ordinary People, Extraordinary Profits provides you with the analytical and mental tools necessary to trade profitably.

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 though—Nassar 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

About this edition

• Publisher: Wiley
• Publication date: 2005
• ISBN 10: 0471712361
• ISBN 13: 9780471712367
• Binding: Hardcover
• Edition number: 1
• Number of pages: 271