Intelligent Speculator: A Unique & Low-Risk Approach to Trading Commodities - Hardcover

Fessenden, Ralph J.; McDivitt, John D.

9780786308392: Intelligent Speculator: A Unique & Low-Risk Approach to Trading Commodities

Hardcover

ISBN 10: 0786308397 ISBN 13: 9780786308392

Publisher: Irwin Professional Pub, 1996

The Intelligent Speculator: A Unique Approach to Trading Commodities introduces and explains interval trading, a unique system of commodity speculation which blends the widely accepted trending and oscillatory (sideways) techniques. Interval trading allows you to choose a point somewhere near the bottom, regardless of side. Since you are required to precisely predict neither market tops nor bottoms, nor when they will occur, you can be confident that the next price rise will be locked in.
Readers with little or no experience trading commodities will welcome the detailed explanation of the mechanics of commodity trading, while seasoned traders will move directly to descriptions of interval trading and its techniques, including real-market examples of the profitable results of interval trading on a number of commodities. Additional chapters on drawdown, rollovers, and the "sell-buy" system further illustrate how you can provide more profits at lower risk by bridging the gap between sideways and trend-following methods.

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About the Author:

Ralph J. Fessenden is a commodity trading advisor. He retired from the University of Montana in May 1994 as professor emeritus.

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