ABOUT THE BOOK
The Right Way to Trade will show readers a simple, efficient and effective approach to investing that includes both fundamental and chart analysis, and that inspires them to achieve success--in all market environments—by experiencing minimal losses and maximum gains.
What this book seeks to revolutionize is a way for individual investors to recognize such cautionary signals and a method for developing a plan of action around such events. During the inevitable periods when a bull market tops out and rolls into a cliff-dive, instead of remaining chained to their antiquated "buy-and-hold" approach and mutely enduring the agony of watching their hard-earned funds evaporate, investors can become proactive. They can take profits on certain portfolio assets and apply rigorous risk-management techniques to those remaining. No reason exists for investors to stand helplessly by while their 401ks morph into "201ks:--or worse.
The book will also help investors understand when to exit their investments that show a targeted profit. The authors will point out that many studies show that all too often an investor's biggest problem is merely the lack of a sound plan, plus vague objectives for their investing performance. Without clear goals and objectives, investors may not know if they are succeeding--or not.
Using their extensive experience in simplifying complicated market machinations into actionable explanations, the authors will walk their reader through simple price charts featuring essential, and time-condensed, information that investors need to be successful.
The Right Way to Day Trade offers a three step process: Analyze Opportunity, Define Risk and Plan to React.
MARKET / AUDIENCE
Individual investors, entrepreneurs
ABOUT THE AUTHOR
Toni Turner is the President of TrendStar Group, Inc., and bestselling author of A Beginner’s Guide to Day Trading Online, A Beginner's Guide to Short Term Trading, and Short-Term Trading in the New Stock Market.
Gordon Scott is a Chartered Market Technician (CMT) who has coached hundreds of students on methods designed to improve their trading and investing activities.
