Details

Simple Profits from Swing Trading

The UndergroundTrader Swing Trading System Explained
Wiley Trading Revised and Updated

von: Jea Yu
25,99 €
Verlag:	Wiley
Format:	PDF
Veröffentl.:	09.10.2013
ISBN/EAN:	9781118770917
Sprache:	englisch
Anzahl Seiten:	208

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Beschreibungen

Titelbeschreibung

There are so many trading systems out there today, each one claiming to have the secret that will bring windfall returns. Some may fare well in rising markets, but all too often leave the trader struggling to keep their head—and capital—up when the market starts to fall. Doesn't sound too reliable, does it? The Underground Trader Swing Trading system is unlike any other. Having been meticulously forged by hand from hours of active market participation and analysis from over a decade, it is an all-encompassing system that performs strong when the market is rising and perhaps even stronger when it is falling. It functions well in every market condition, ensuring that traders can rely on it no matter how the market moves. This revised book from renowned trader and president of UndergroundTrader.com, Jea Yu, provides all of the information necessary to successfully begin swing trading today. You will learn: <ul> <li>How to break down and grind away any stock piece by piece, allowing you to quantify and analyze it on the fly</li> <li>To build a solid foundation using the highest probability setup—the perfect storm</li> <li>A step-by-step process of how to plan and execute a trade to ensure the highest available return, and</li> <li>When to buy long or sell short and exactly the criteria to identify and look for before making these moves.</li> </ul> Also included in this e-book are real-life examples and charts as well as an in-depth look at how the Underground Trader system really works, what its chat rooms and alerts look like, and how you can use the platform to exponentially increase your swing trading knowledge and—in turn— your profits. Knowing the information provided in this e-book will help you to boost your returns and minimize losses with just a few simple strategies that will leave you wishing you'd been an Underground Trader years ago.

Inhaltsverzeichnis

Preface xi SECTION ONE: The Underground Trader Trading System Exclusive Quick Start Guide 1 Converging Time Frames 3 Screen Setup 4 The Basic Chart: Stochastics Moving Average Chart 4 Wider Time Frame/Swing Trade Charts 15 Intraday Trading Charts 15 Mini-Pup and Pup Patterns 16 The Mini-Pup 16 The Pup Pattern 18 Perfect Storms 19 Analysis Checklist 20 Core Analysis: The Nitty-Gritty 20 Context 22 Convergence 22 The Trade Process 23 Filtering Is the Key to Consistency 24 Building a Solid Foundation, aka Storm Chasing for Perfect Storms 25 Pup Quiz … 27 Buying Long Checklist 29 Selling Short Checklist 29 Perfect Storm Short Trade 30 Swing Trades in Action 31 SPY Short via Put Options 31 VHC Long on Daily Mini-Pup 32 The Undergroundtrader.com Trading Pit 33 Trading Alerts 34 Conclusion 35 SECTION TWO: Swing Trading and The Underground Trader System 37 Getting Started 38 Time Frames 39 Chart Basics: The Stochastics Moving Average Chart 39 Pattern Basics: Underground Trader Patterns 42 Bumpers 42 Pup Pattern 42 Inverse Pup Breakdown 45 Mini-Pup Pattern 46 Mini Inverse Pup 47 Perfect Storm 49 Analysis Checklist 49 Core Analysis 49 Context 52 Convergence 52 The Trade Process 53 Filtering Is the Key to Consistency 54 Building a Solid Foundation: Perfect Storm Chasing 55 Trade Planning and Execution 57 Buying Long 57 Perfect Storm Long 58 Selling Short 59 Perfect Storm Short 60 Swing Trades in Action 61 SPY Short via Put Options 61 VHC Long on Daily Mini-Pup 61 UndergroundTrader.com Trading Pit Chat Room Trade Alerts 64 UndergroundSwingTrades.com 68 Chart Time Frames (Excerpt from Trading Full Circle) 70 Intraday Time Frames 70 Wider Time Frames 72 Daily Chart 72 Weekly and Monthly Charts 72 Chart Patterns 73 Pups 73 Inverse Pups 76 Mini-Pups 76 Foreshadowing with Wider Time Frame Pups and Mini-Pups 79 Perfect Storms: The Most Powerful Pattern 80 Failed Perfect Storms: Market Litmus Test and Opportunity 81 DVD Courses from Jea 81

Autorenportrait

Jea Yu (Maryland) is a co-founder of UndergroundTrader.com, an interactive trader chatroom and training site that has served over 8,000 traders, fund managers and investors worldwide since 1998. His brainchild was voted Forbes Best of the Web for four consecutive years under the active trader category. Mr. Yu has published two best sellers Undergroundtrader.com Guide to Electronic Trading (McGraw-Hill 2001) and Secrets of the Undergroundtrader (McGraw-Hill 2003). He has been a featured speaker all over the country at various expos and seminars who enjoys a standing-room-only reception in the largest convention halls. Jay's energetic presentation style, along with his obvious mastery of the materials being covered makes him an audience favorite. He has been quoted in USA Today, WallStreet Journal, and the Financial Times. Mr. Yu is an active contributing writer for http://www.TradingMarkets.com.