High

Author: Marcel Link
Publisher:
Publish Date: 2006-05-01
Features: It's not just about being right in one thing, but about the accumulation of correctness in all aspects of a trade that can make a successful trade. High Win Rate Trading tells you how to trade, and through the introduction of different trading software and materials, it helps you understand how to face the market when it reaches the top or bottom. This book is currently the most complete reference book that tells you how to operate like a professional trader in every trade every day. Before becoming a successful trader, Marcel Link spent years using multiple trading systems in practice, testing the effectiveness and internal factors of the systems through testing and trial and error. High Win Rate Trading shows us step by step how to become a consistent winner by telling us how to wait, what to avoid, and how to conduct high win rate trading. High Win Rate Trading is a book that teaches us how to cultivate the mindset framework of a successful trader. With a delicate and responsible tone, the author Marcel Link, through the description of his own painful experiences and real cases of other traders, lets us judge and master what to do and what not to do in our trading careers; by discussing the most important qualities and related issues of successful traders, it helps us grasp the win rate and learn to avoid known shortcomings. Moreover, at the end of each chapter, the author specially uses a summary summary to guide us to identify the strengths and weaknesses related to trading, to help us quickly embark on the road to success, showing the author's meticulous and thoughtful. This book will elaborate on some of my own painful experiences and some cases that happened to other traders. Among these traders, some are just starting to trade and encounter very bumpy situations, but later manage to break through the difficulties, while others can never learn from their mistakes. I use these examples to illustrate my point, hoping to highlight my arguments and make it easier for readers to judge what to do and what not to do. Of course, I will not mention the real identity of the traders. I never hide the fact that I used to be a very bad trader in the past. I intend to explain in detail the bad habits that led to trading losses. At that time, I could often predict the direction of market development in advance. However, due to various distractions, the trade failed to succeed. However, when I gradually overcame various shortcomings and slowly learned how to grasp the win rate, the situation improved comprehensively. Overall, the transformation came from observing the behavior of other successful and unsuccessful traders, and then finding ways to correct the common points between myself and other unsuccessful traders. In addition, I also analyzed my failed trades and tried to learn from my mistakes. Just like a child, only after being burned do you know what burning is; the pain of loss is the most effective teacher. An experience had a great impact on me; during a period, I sat next to a very bad trader next door, who kept making the same mistakes. I found that we had some common points. So I decided I had to make some changes. Watching him trade also made me clearly see my own mistakes. This book will discuss the various qualities and related issues that I personally think are the most important for successful traders, starting from the basics and then discussing discipline and emotional factors. The rest also includes fundamental analysis and technical analysis, the formulation and application of trading plans and risk management plans, the design and testing of trading systems. This book will help readers grasp the win rate and learn how to avoid existing shortcomings. At the end of each chapter of this book, there is a section called "Become the Best Trader," which serves as a summary and summary of the chapter content, listing some behaviors that should be done and should not be done, as well as some issues that traders should always remind themselves. It should help readers identify the strengths and weaknesses related to trading and embark on the road to success. High Win Rate Trading tells you how to trade, and through the introduction of different trading software and materials, it helps you understand how to face the market when it reaches the top or bottom. This book is currently the most complete reference book that tells you how to operate like a professional trader in every trade every day. Before becoming a successful trader, Marcel Link spent years using multiple trading systems in practice, testing the effectiveness and internal factors of the systems through testing and trial and error. High Win Rate Trading shows us step by step how to become a consistent winner by telling us how to wait, what to avoid, and how to conduct high win rate trading.