Long-Term Secrets to Short-Term Trading

Larry Williams 지음

Wiley 2011년 11월 01일 출간

작품소개

책소개

Hugely popular market guru updates his popular trading strategy for a post-crisis worldFrom Larry Williamsm-one of the most popular and respected technical analysts of the past four decadesm-Long-Term Secrets to Short-Term Trading, Second Edition provides the blueprint necessary for sound and profitable short-term trading in a post-market meltdown economy. In this updated edition of the evergreen trading book, Williams shares his years of experience as a highly successful short-term trader, while highlighting the advantages and disadvantages of what can be a very fruitful yet potentially dangerous endeavor.Offers market wisdom on a wide range of topics, including chaos, speculation, volatility breakouts, and profit patterns Explains fundamentals such as how the market moves, the three most dominant cycles, when to exit a trade, and how to hold on to winners Includes in-depth analysis of the most effective short-term trading strategies, as well as the author's winning technical indicatorsShort-term trading offers tremendous upside. At the same time, the practice is also extremely risky. Minimize your risk and maximize your opportunities for success with Larry Williams's Long-Term Secrets to Short-Term Trading, Second Edition.

목차

Acknowledgments xiINTRODUCTION You Are Already a Commodity Trader 1My Most Important Market Belief 4The Beginning of My Career as a Speculator 5The Ride of a Lifetime 8CHAPTER 1 Making Order Out of Short-Term Chaos 9How I Learned about the Market 9Charting the Market 11The Nonrandom Market 13Understanding Market Structure 15Market Structure Will Never Change 21Short-Sell Pattern 27Target Time and Trailing Stops 28Recap 32CHAPTER 2 It&-s a Question of Price and Time 33All You Will Ever Need to Know about Cycles 33The Natural Cycle of Range Change 39Where the Trend Is with You&-The Second Power-Play Price Pattern 50Recap 54CHAPTER 3 The Real Secret to Short-Term Trading 59It&-s All about Time 61Bankrolling Hotshot Traders 62Proving the Point 65How to Make the Most Money 68Recap 70CHAPTER 4 Volatility Breakouts&-The Momentum Breakthrough 71Simple Daily Range Breakouts 76A Look at Volatility in the SP 500 80Separating Buyers from Sellers to Find Volatility Using Market Swings 95Results 96One Step Further 97Recap 98CHAPTER 5 The Theory of Short-Term Trading 99What Is Wrong about the Information Age 103E. H. Harriman&-s Rule of Making Millions 104Recap 105CHAPTER 6 Getting Closer to the Truth 107The Market Is Not a Coin Flip: Random Walk or Cootner versus Cohen (Cohen Wins) 108Gold TDOM Study 117Bond TDOM Study 118Monthly Road Maps 120Recap 123CHAPTER 7 Patterns to Profit 125The Common Element 126The Questions to Ask 131My Smash Day Patterns 132How to Use Smash Day Patterns 136Specialists&- Trap 137A Vital Note&-This Works on Shorter Time Frames as Well 141Oops! This Is Not a Mistake 145SP Oops! Trading 151Recap 152CHAPTER 8 Separating the Buyers from the Sellers 153Greatest Swing Value 155Stock Index Tradi

작가정보

저자(글) Larry Williams

저자 :

저자 :

저자 :

저자 :

저자 :
저자 :
저자 :
Larry R. Williams has been trading for almost fifty years and is one of the most highly regarded short-term traders in the world. Larry has taught thousands to trade, won several trading championships, and since 1970 has been writing bestselling books based on his technical indicator, Williams %R, developed in 1966 and still published daily in major financial newspapers and on finance and investing sites. Between trading, researching, and developing trading tools, he ran twice for the U.S. Senate, was a board member of the National Futures Association, and has received numerous awards, including Futures magazine's first Doctor of Futures Award, the Omega Research Lifetime Achievement Award, and Traders International 2005 Trader of the Year. The Mayor of San Diego declared October 6th, 2002 quot;Larry Williams' Day.quot; Larry has been featured on CNBC and Fox News, and has been interviewed and quoted in more publications than he can keep track of.