Short-term Trading Secrets - Huazhang Classics. Financial Investment (6)

Author: Larry Williams
Publisher:
Publish Date: 2007-01-01
Features: Short-term trading is the way most traders and aspiring traders engage in the market. It offers the greatest financial rewards while also presenting the greatest challenge to traders, who must remain constantly focused and vigilant, along with having a strict plan. "Before you learn to hold profitable positions firmly, you can't make big money. The longer you hold a position, the greater the potential for profit. Whatever you do, making money takes time." "Wealth isn't just about getting good trade prices; it also requires proper money management." "I think you should be afraid of the market. If you're not afraid of the market, you won't have respect. If you don't respect the market or yourself, then you'll be another corpse in the blood-soaked commodity futures market." The Short-term Trading Secrets features insights from some of today's most respected market professionals, concise rules and formulas, and valuable advice. Based on this comprehensive and practical content, the book can serve as your "bible" for short-term trading. Short-term trading is the way most traders and aspiring traders engage in the market. It offers the greatest financial rewards while also presenting the greatest challenge to traders, who must remain constantly focused and vigilant, along with having a strict plan. The author of this book, Larry Williams, is the most popular and recognized technical analyst of the past 30 years. This is the author's groundbreaking book after 10 years, revealing the pros and cons of successful and perfect short-term trading. Short-term trading can be highly profitable, but it can also turn into a devastatingly risky adventure. The author shares his years of successful trading experience with readers in the book, covering topics from chaos and speculation to volatility breaks and profit patterns, passing on his wisdom about the market to readers. With the author's professional guidance, you can learn about: how the market works, what the three most important cycles are, when to exit a trade, and how to hold profitable positions firmly until you reach your chosen time cycle target.