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The Art of Trend Trading - Animal Spirits and Your Path to Profits (Hardcover)
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The Art of Trend Trading - Animal Spirits and Your Path to Profits (Hardcover)
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Look inward for the missing piece to your trading strategy The Art
of Trend Trading bucks the trend of technicality to show readers
how instinct and strategy can unite to bring about consistent
investment success. Rather than diving ever-deeper into the
overdone world of complicated modeling and forecasting techniques,
trader, CEO, and bestselling author Michael Parness explains how
making intuition a part of your investment strategy tends to result
in more long-term profit. Using animal spirits as a metaphor and
tool, Parness helps readers understand how their natural tendencies
may run counter to their strategy, and how this dichotomy may be
the shackle holding them back from true market success. Readers
will learn how this perspective lifted Parness from homelessness to
making millions in both Bull and Bear markets, and will start
developing their own market instinct as they refine and tune into
their own natural intuition. Everyone's looking for the "ultimate"
system, a way to "game the market" and uncover the "secret" to
successful investing. Over the years, Parness has observed that the
best traders those who consistently make money are the ones that
use instinct and intuition, as well as strategy. This book shows
you how to identify the natural trader within, and use your gut to
inform an ever-evolving investment plan. * Follow the author's
journey from homelessness to millionaire * Identify and understand
your own strengths and weaknesses * Develop your instinct alongside
your strategy * Take a lesson from traders making consistent money
There's no substitute for good strategy, but it's no secret that
some strategies seem to be more profitable than others. The Art of
Trend Trading helps you find that missing piece and turn it into
more consistent investment success.
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