The Simple Strategy - A Powerful Day Trading Strategy For Trading Futures, Stocks, ETFs and Forex
| Author | : | |
| Rating | : | 4.41 (505 Votes) |
| Asin | : | 0692329242 |
| Format Type | : | paperback |
| Number of Pages | : | 86 Pages |
| Publish Date | : | 2016-04-23 |
| Language | : | English |
DESCRIPTION:
An HONEST Review Manchester After reading all of the reviews for this book I was a little hesitant to buy the book. It seems like people either love it or hate it. I guess this is typical for traders right? Since the book was a great price and the positive reviews resonated well with me I decide. Detailed For The Beginner, Powerful Enough For Any Trader Jnairb Johnson I found this book to be very good, straight to the point, and exciting in the way of making you feel that this is accomplishable. I have read this and Mark's free download book, and I am pleased with the simplicity of detail. Whether you are a beginner day trader as I. Failed Backtests but Some Good Info Inside Paul Felix It's okay. My review is based on numerous backtests of the strategy outlined in this book. I trade stocks on a 5 minute bar. Backtests were conducted using Wealth-Lab Pro on 400+ common stocks on NYSE, NASDAQ, and AMEX exchanges with at least 1MM shares traded daily.
However, with "The Simple Strategy" you can take advantage of the small intraday trends that we are seeing in today's markets.You don't need a sophisticated trading softwareIf you want to trade "The Simple Strategy", you only need a charting software with "basic" charting capabilities: Your charting software needs to be able to plot RANGE BARS, BOLLINGER BANDS, MACD and RSI. And I only trade the first two hours after the markets open, since most trends occur during this time. Plus, you can put the trade on auto-pilot once your entry order is filled. The entries are easy to identify and execute. The good news: If you follow the rules of "The Simple Strategy", the