Details

Aiki Trading


Aiki Trading

The Art of Trading in Harmony with the Markets
Wiley Trading, Band 13 1. Aufl.

von: Jeffery Tie

26,99 €

Verlag: Wiley
Format: PDF
Veröffentl.: 02.11.2010
ISBN/EAN: 9780470826683
Sprache: englisch
Anzahl Seiten: 256

DRM-geschütztes eBook, Sie benötigen z.B. Adobe Digital Editions und eine Adobe ID zum Lesen.

Beschreibungen

<b>A great reference for all beginner traders.</b> <p>Aiki Trading will look at a robust method to understand what the market is doing in a specified timeframe. Essentially, markets are either trending up, trending down, or is in sideways or range bound congestion. Chapters are devoted to each of these three conditions, and the concepts are explained in depth. In addition, specific trading strategies will be explored for the different market conditions. These strategies are what I define as high probability, low risk trading strategies that have higher probability of success because it conforms to the nature of how markets behave.</p> <p>With more than 25 years of experience in financial markets, Jeffery's stock market career began in 1977 with JM Sassoon and continued with Kim Eng Securities. During his time in Stock-broking, Jeffery witnessed many cycles of boom and bust, including the 1987 meltdown in worldwide equity markets. In 1997, Jeffery joined Refco Singapore. During this time he developed new expertise in International Futures Markets and FX. Jeffery joined CMC in April 2007. He was responsible for the content and presentation of CMC's educational programmes. And he is currently the Resident Trainer with SGX Academy, and is based in Singapore.</p>
<p>Foreword ix</p> <p>Preface xi</p> <p>Acknowledgments xiii</p> <p>Introduction 1</p> <p>The Philosophy of Aiki Trading 2</p> <p><b>CHAPTER 1 Aikido 7</b></p> <p>History 7</p> <p>The Principles and Techniques of Aikido 10</p> <p><b>CHAPTER 2 Candlestick Charting 15</b></p> <p>Feudal Japan’s Ethos, and its Impact on the Development of Japanese Candlestick Charting 15</p> <p>The Methods of Aiki Trading 19</p> <p><b>CHAPTER 3 The Expanded Sideways Range Pattern 25</b></p> <p>Bulls, Bears, and Turtles 28</p> <p>Observations and Conclusion 31</p> <p>Codifying the Trading Rules for the Expanded Sideways Range Pattern 31</p> <p>The Action Zones 31</p> <p>The Entry Trigger 32</p> <p>Risk and Money Management: The Stop Loss Exit 34</p> <p>Qualifying the Trade 42</p> <p><b>CHAPTER 4 The Directional Trending Pattern 51</b></p> <p>Identifying and Trading a Type 1 Trend Pattern 61</p> <p>Planning the Stop Loss Exit 66</p> <p>The Structural Risk 68</p> <p>The Profit Exit Strategy 68</p> <p>Timeframe and the Selection of its Relevant Moving Average Value 71</p> <p><b>CHAPTER 5 The Successful Breakout 77</b></p> <p>Managing the Trade 92</p> <p><b>CHAPTER 6 Using Oscillators 97</b></p> <p>Relative Strength Index 98</p> <p>The RSI Divergence Signal (or RSI Camouflage Signal) 104</p> <p>The Slow Stochastic Oscillator 108</p> <p><b>CHAPTER 7 Applying Fibonacci Numbers and Ratios in Trade Analysis 119</b></p> <p>Assessing the Fibonacci Profit Target 127</p> <p><b>CHAPTER 8 Trade Volume and its Interpretation 139</b></p> <p><b>CHAPTER 9 Risk, Money, and Trade Management 153</b></p> <p>The Learning Phase 153</p> <p>Trading for Profits 155</p> <p>The Preservation of Capital 156</p> <p>Money Management: The Preservation of Our Capital 157</p> <p>Risk Management Combined with the 2 Percent Money Management Rule 158</p> <p>Position Sizing 161</p> <p>Winning Trade Management and the Rule of 3 163</p> <p><b>CHAPTER 10 On Trading Psychology 173</b></p> <p>Summary 175</p> <p>Beliefs About Success 175</p> <p>Market Understanding 175</p> <p>Risk Management, Money Management, and Trade Management 176</p> <p>Winning Psychology 177</p> <p>Index 181</p>
<b>Jeffery Tie</b> is a successful trader and trainer with more than 25 years of experience in financial markets. His stock market career began in 1977 with JM Sassoon and continued with Kim Eng Securities.<br /> In 1997, Jeffery joined Refco Singapore where he developed new expertise in international futures markets and foreign exchange.<br /> Jeffery's experience and training at stock broking and futures broking enhanced his understanding of technical analysis and trading. This expertise was augmented by his association and friendship with a well known fund manager and trading coach.<br /> Jeffery's proficiency in technical analysis was recognized by the Singapore Exchange (SGX) who invited him to its panel of educators where he consistently gets very positive feedback from attendees of his seminars and<br /> courses. Jeffery has spoken to international audiences in Singapore, Jakarta, Mumbai, and Sri Lanka.<br /> Jeffery is also an instructor registered with the International Shinkendo Federation (ISF), an organization that promotes Japanese swordsmanship and martial arts. This interest has allowed him to notice the similarity in the<br /> philosophy of martial arts and the philosophy of trading.<br /> Jeffery joined CMC in April 2007 where he was responsible for the content and presentation of CMC's educational programs.<br /> He currently focuses on both trading and conducting technical analysis courses and workshops with the SGX and the Financial Training <a href="mailto:Institute@SMU">Institute@SMU</a>.
Jeff has done a terrific job combining the principles of the martial art aikido with his trading strategy. He provides a step-by-step building of his trading strategy while infusing the analogies of <i>aikido</i>. I have had the opportunity to practice and teach Japanese martial arts for over 30 years and the martial art concepts that Jeff presents in his book are right on target! He also presents important concepts that are often overlooked by the beginner trader that are essential to successful trading.<br /> —<b>Daniel M. Gramza</b><br /> <i>President<br /> Gramza Capital Management, Inc.</i> <p>Jeffery Tie's work on trading in harmony or <i>aiki</i> is a most welcome and long overdue addition to the rare literature on eastern philosophical approaches and techniques to markets. Using and fusing the long history of Chinese martial arts philosophy and the Japanese <i>shinkendo</i> swordmanship. His practical how–to book is about how to use the art of <i>aikido</i> to manage one’s trading.<br /> —<b>Peter Pontikis</b><br /> <i>Investment Management Specialist, ANZ Private<br /> Australia and New Zealand Banking Group Limited<br /> Director of the International Federation of Technical Analysts</i></p> <p>It is rare to find new insights on a subject as extensively covered as trading. Jeffery Tie, educating traders at the Singapore Exchange for nearly a decade, has accomplished this with his work <i>Aiki Trading</i>. Weaving in a martial art perspective along with a bit of history, Jeffery superbly covers the foundational areas of trading one must master. His perspectives on being in harmony are beneficial beyond the world of trading. Aspiring traders and seasoned professionals alike should have this book in their library.<br /> —<b>James A. Kaminecki</b><br /> <i>Chief Operating Officer<br /> TraderView</i></p> <p><i>Aiki Trading</i> analyzes the finest techniques and philosophies in two very different disciplines and marries them to produce a study that synergizes the best from both worlds. The mastery of body and self that aikido and shinkendo teach provides piercing insight into the skills and discipline necessary to successfully navigate the often turbulent waters of market trading using technical analysis, demonstrating how understanding of ancient arts can lay the foundation<br /> for lasting prosperity.<br /> —<b>Bob Tan</b><br /> <i>Associate Director<br /> HWANGDBS Investment Bank Berhad</i></p> <p><i>Aiki Trading</i> is very easy to read and demystifies a complex subject in a language that would-be traders on the street can easily read and understand. Jeffery Tie's writing style, like that of his martial arts, cuts to the heart of the subject matter—he uses his pen as a <i>bushido'</i>s katana in the complex world of trading. All in all a great book for the "would-be trader to the neophyte trader," or the layman on the street that wants to get a grasp of what "this trading caper is all about."<br /> —<b>Stephen "Ox" Noonan</b><br /> <i>Proprietary Trader–Consultant</i></p> <p>Jeff has successfully transposed the important physical and philosophical aspects of martial arts into financial markets trading. Beginners and experienced traders can learn important lessons from this book.<br /> —<b>Th'ng Beng Hooi, CFA</b><br /> <i>SGX Academy Secretariat</i></p>

Diese Produkte könnten Sie auch interessieren:

Agile Project Management
Agile Project Management
von: Project Management Journal
EPUB ebook
23,99 €
Make Change Work
Make Change Work
von: Randy Pennington
PDF ebook
14,99 €
Nonprofit Law Made Easy
Nonprofit Law Made Easy
von: Bruce R. Hopkins
EPUB ebook
53,99 €