Details

<p>Preface xi</p> <p>Acknowledgments xvii</p> <p>About the Authors xxi</p> <p><b>Stage 1 Money Management 1</b></p> <p>Crafting Your Money Management Plan 5</p> <p>Becoming a Successful Investor 9</p> <p>The Importance of Asset Allocation 11</p> <p>Constructing Your Personal Asset Allocation Profile 15</p> <p>X-Ray Magic 24</p> <p>Allocation Maintenance 24</p> <p><b>Stage 2 The Business of Investing 29</b></p> <p>Ten Invaluable Investing Lessons 29</p> <p>Staying Committed on the Road 36</p> <p>The Investor’s Quad 36</p> <p><b>Stage 3 The Investor Self 39</b></p> <p>The Five Levels of Investor Growth 40</p> <p>Investor Weaknesses 42</p> <p>Learn from the Professionals 46</p> <p>Your Daily Journal 47</p> <p><b>Stage 4 Market Analysis 53</b></p> <p>Permission to Buy 54</p> <p>Telescope-to-Microscope Approach 55</p> <p>Charting Indicators 56</p> <p>Organizing Your Analysis 60</p> <p>Common Misunderstandings 62</p> <p>The Market Stages and Technical Analysis 64</p> <p>Fundamentals Checklist for Stocks 67</p> <p>Fifty versus Fifty 68</p> <p><b>Stage 5 Routines 71</b></p> <p>Choosing Your Time Frame 72</p> <p>From Salesmen to Stock Traders 74</p> <p>Personal Peak Performance 75</p> <p>Daily, Weekly, Monthly, Annually 76</p> <p>A Day in the Life 79</p> <p><b>Stage 6 Stalking Your Trade 87</b></p> <p>Where to Look 88</p> <p>What to Look For 88</p> <p>How to Look 89</p> <p>When to Look 89</p> <p>Filters 91</p> <p>Human Nature and Overhead Supply 96</p> <p>Second-Opinion Resources 98</p> <p>The Sisters Strategy Revisited 98</p> <p>Mimic Wall Street’s Masters 99</p> <p>The Base-Hit Investor 101</p> <p><b>Stage 7 Buying 103</b></p> <p>BATTLE V Methodology 106</p> <p>Pyramid Trading 106</p> <p>The Language of the Market 108</p> <p>Buy Routines 109</p> <p>Considering Alternatives 111</p> <p>Perfection Paralysis 111</p> <p>Commission-Free Mind-Set 112</p> <p>Invest Like You Drive 113</p> <p>It’s All about Stress Control 114</p> <p><b>Stage 8 Monitoring 117</b></p> <p>You Bought It—Now What? 118</p> <p>Revisiting the Investor Self 119</p> <p>Market Monitoring 120</p> <p>Adjusting Stops 121</p> <p>Tools, Routines, and Charts 123</p> <p>Fundamentals 126</p> <p>Allocation Updates 127</p> <p>What is your Motivation? 129</p> <p><b>Stage 9 Selling 131</b></p> <p>Sell on Technicals, Not Fundamentals 133</p> <p>The Art of Selling 135</p> <p>Developing Your Selling System 138</p> <p>Mutual Fund Sell Signals 146</p> <p>Selling with the Sisters 148</p> <p>Sell-Side Pyramid Trading 149</p> <p>The Endowment Effect 149</p> <p>The Investor’s Trail 150</p> <p><b>Stage 10 Revisit, Retune, Refine 153</b></p> <p>Cleanse and Move Forward 154</p> <p>Personal Data Mining 164</p> <p>The Investor’s Big Three 165</p> <p>Thoughts on Transformation 167</p> <p>About the Website 171</p> <p>Index 173</p>

<p><b>GATIS N. ROZE</b> is a veteran stock market investor who has traded his own account full-time since 1989, unburdened by the distraction of clients. He holds an MBA from the Stanford Graduate School of Business, is a Chartered Market Technician (CMT), and is a past president of the Technical Securities Analysts Association (TSAA). After a successful entrepreneurial career, he retired in his early 40s to focus on investing. With consistent success as a stock trader, he began teaching investments at the post-college level in 2000 and continues to do so today. A renowned communicator, he has taught thousands of investors in sold-out seminars for the AAII, the MTA, and more. His weekly investment blog, <i>The Traders Journal</i>, is read by a global audience.</p> <p><b>GRAYSON D. ROZE</b> has worked in the financial services industry for StockCharts.com since 2012. He now serves as a Business Manager at the company. He holds a Bachelor’s degree from Swarthmore College, where he studied economics and psychology. At a young age, he began pursuing his interest in the financial markets by attending investment classes and starting to trade under the guidance of his father. At the age of 18, Grayson began investing his own account and has since become an accomplished trader in his own right. <i>Tensile Trading</i> was his vision as a vehicle to lay out his father’s investment wisdom and convey it to a wider audience.

<p><i>Tensile Trading</i> distills the complexity and vastness of the financial markets into a detailed, 10-stage roadmap that investors of all levels can follow to develop their own consistently profitable, high-probability investment system. Unlike other financial books written by institutional investors with an eye toward managing your money, this authentic approach exposes the everyday practices that Gatis Roze has used for more than 25 years to invest his own assets full-time. The result is a powerfully honest, no-holds-barred account of the personal self-discipline, refined strategies, and carefully crafted routines necessary to preserve wealth, grow your portfolio, and master the modern financial markets.</p> <ul><li>Set yourself up for success by implementing prudent money management and asset protection strategies</li> <li>Build a personalized Asset Allocation Profile—your own tailored investment methodology</li> <li>Construct a prudently diversified portfolio using proven tools and techniques</li> <li>Learn to take control of your “Investor Self” by overcoming mental hurdles and limiting the impact of emotional baggage</li> <li>Includes a companion website with hands-on tools and resources to help you apply what you learn in the book to your real-world investing efforts</li></ul> <p>A clear and proven approach easily tailored to fit your specific investing style, the Tensile Trading methodology is designed to provide a comprehensive structure to your financial management efforts, helping you make smarter investment decisions, trade more efficiently, and consistently earn greater returns.

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