Average Reviews:
(More customer reviews)I read the book with a lot of interest and a little experience in trading.
I am glad I read a book and I really loved the message author was giving.
I agree with author's holistic view of trading. It is not just about trading methods you pick but it has to match your personality type.
You can't really change your personality, so you have to work on learning what kind of personality you have and apply trading methods that matches. It is a new perspective about trading ( or even making money in general) I haven't heard much these days, but has a very important point.
There is no one way to trade or make money, it all starts from learning about yourself.
The book's overview about changing markets and trading psychology were also very unique and helpful.
He didn't also forget to suggest technical analysis he uses in his system. i can't wait to test them.
However, in the beginning, he promised in-depth study of tax consequences and strategies for trading which I didn't find much in the book. Also, I am really fascinated by the fact he uses chaos theory in his system, but he doesn't explain how the theory is actually applied in his system. Of course, I understand the math itself is very complicated, but it would've been very interesting at least to have some idea.
Overall, I am very happy with the book and highly recommend the book to anyone.
He also gives one week free trial of his system. I will definitely take advantage of it.
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Winning Edge Trading: Successful and Profitable Short and Long-Term Systems and Strategies (Wiley Trading)An innovative and comprehensive approach to profitable trading in these turbulent times
Winning Edge Trading shows how to trade any market for great profits. Using the unique and innovative trading strategies and systems outlined here, you can trade stocks, ETFs, and futures to achieve market-beating returns.Written by system developer Dr. Ned Gandevani, this book provides an antidote to active investors and traders who are frustrated by stagnant and declining markets. Dr. Gandevani shows you how to maximize your profit while minimizing your risk with his innovative and comprehensive approach, and then reveals how to profit from market swings. In addition to providing a simple and easy-to-execute trading system, Dr. Gandevani also explains how you can determine your risk tolerance and choose a compatible system for maximum performance.
Details the tools used to trade short or long time frames
Explores how the Relative Strength Indicator and Detrended Price Oscillator can help you determine when to enter and exit a trade
Discusses psychological issues involved in active trading, including the inability to take a loss, overtrading, trading personality, and system compatibility
Winning Edge Trading contains the information you need to become a successful active investor and trader in today's dynamic markets.
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