
Long-Term Secrets to Short-Term Trading
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Content
- Intro
- Long-Term Secrets to Short-Term Trading
- Contents
- Acknowledgments
- INTRODUCTION You Are Already a Commodity Trader
- My Most Important Market Belief
- The Beginning of My Career as a Speculator
- The Ride of a Lifetime
- CHAPTER 1 Making Order Out of Short-Term Chaos
- How I Learned about the Market
- Charting the Market
- The Nonrandom Market
- Understanding Market Structure
- Market Structure Will Never Change
- Short-Sell Pattern
- Target Time and Trailing Stops
- Recap
- CHAPTER 2 It's a Question of Price and Time
- All You Will Ever Need to Know about Cycles
- The Natural Cycle of Range Change
- Where the Trend Is with You-The Second Power-Play Price Pattern
- Recap
- CHAPTER 3 The Real Secret to Short-Term Trading
- It's All about Time
- Bankrolling Hotshot Traders
- Proving the Point
- How to Make the Most Money
- Recap
- CHAPTER 4 Volatility Breakouts-The Momentum Breakthrough
- Simple Daily Range Breakouts
- A Look at Volatility in the S&P 500
- Separating Buyers from Sellers to Find Volatility Using Market Swings
- Results
- One Step Further
- Recap
- CHAPTER 5 The Theory of Short-Term Trading
- What Is Wrong about the Information Age
- E. H. Harriman's Rule of Making Millions
- Recap
- CHAPTER 6 Getting Closer to the Truth
- The Market Is Not a Coin Flip: Random Walk or Cootner versus Cohen (Cohen Wins)
- Gold TDOM Study
- Bond TDOM Study
- Monthly Road Maps
- Recap
- CHAPTER 7 Patterns to Profit
- The Common Element
- The Questions to Ask
- My Smash Day Patterns
- How to Use Smash Day Patterns
- Specialists' Trap
- A Vital Note-This Works on Shorter Time Frames as Well
- Oops! This Is Not a Mistake
- S&P Oops! Trading
- Recap
- CHAPTER 8 Separating the Buyers from the Sellers
- Greatest Swing Value
- Stock Index Trading with Greatest Swing Value
- Some Pointers
- Recap
- CHAPTER 9 Short-Term Trading from a Quote Screen
- How a Quote-Screen Trader Makes Money
- Swing Points as Trend Change Indication
- The Three-Bar High/Low System
- A New Indicator for Short-Term Traders: Willspread
- Willspread and the S&P 500 Stock Index
- Recap
- CHAPTER 10 Special Short-Term Situations
- Month-End Trading in Stock Indexes
- Target Months
- Making It Better
- Month-End Trading in the Bond Market
- Getting Specific
- Better and Better
- A Time to Sell
- Recap
- CHAPTER 11 When to Get Out of Your Trades
- CHAPTER 12 Thoughts on the Business of Speculation
- Exits before Entries
- What Speculation Is All About
- It's about Time
- Essential Points about Speculation
- Recap
- CHAPTER 13 Money Management-The Keys to the Kingdom
- Most Traders Use a Hit-and-Miss Approach
- Approaches to Money Management-One Is Right for You
- The Good, the Bad, and the Ugly of Money Management
- Looking in New Directions, Drawdown as an Asset
- Back to Ralph: 2011 Money Management Breakthrough
- The Kelly Ratio Mirage
- Recap
- CHAPTER 14 From Kennedy to Obama, Thoughts from 50 Years of Trading
- Trading and Collecting Honey
- Low-Hanging Fruit
- Look before You Leap
- Remember the Game Called Pick Up Sticks
- And It Can Get Worse by Far . . .
- Lock-Up Time
- Enough on Greed . . .Now Let's Deal with Fear
- Running, Trading, and Losing
- Doing the Wrong Thing . . . It's So Easy, Isn't It?
- It's Not the Trade, It's the Battle
- The Art of Fly-Fishing Revisited
- Fear and Greed, Looking Them in the Face Again
- Why Most Traders Lose Most of the Time
- A Review of Losing Trades Showed That
- The Number One Reason We Lose Money Trading
- The Most Important Trading Belief You Have
- The Worst Dog I Ever Had Cost Me the Most
- Athletics Are Such a Parallel to Trading
- What Causes Stock and Commodity Market Trends
- How to Measure the Public versus the Pros
- Folks, It Just Can't Be Done
- The Rush of Trading
- Beating Them to the Punch
- It's Just Over My Head
- I Looked Fear and Greed in the Face
- The Show Must Go On
- Broken Noses, Cauliflower Ears, and Bad Trades
- Learning How to Lose Money
- Hillary, High Hopes, and Heartaches
- Nervous Nellies-Heaven Bound
- Secrets of System Developing and Trading
- The Difference between Winners and Losers
- Recap
- CHAPTER 15 Just What Does Make the Stock Market Rally?
- Logic 101
- These Words Are My Bond
- A Look at Data A and Data B
- Let's Break Some Bad Habits
- How to Break Bad Habits
- Comments on Setting Stops-Dollar Loss and Unpredictability
- An Overview of How I Trade
- My Trading Strategy . . .How It Works
- Recap
- CHAPTER 16 Hard Facts about a Very Hard Game to Win
- It Is Just Like Life
- Maybe You Are Not Cut Out for This . . .
- You Are in a Tough Spot . . .
- But There's a Little Bit More . . .
- In Closing
- Index
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