Trading Tools and Tactics: Reading the Mind of the Market

Front Cover
John Wiley & Sons, Jun 24, 2011 - Business & Economics - 336 pages
2 Reviews
From the founder of the leading online trading education company Pristine.com, a simple technical method to trade or invest

Many trading books present esoteric trading concepts and complicated indicators that may look good on paper when viewing the past, but prove ineffective in the real world.

Trading Tools and Tactics: Reading the Mind of the Market doesn't just make investing look easy; it makes trading easy by teaching you not only how to identify price moves, but by helping you understand why prices move the way they do.

  • Covers managing trades and setting entries and stops, and helps you view how failed trades or chart patterns of the past can become new opportunities
  • Describes how to identify and understand supply and demand as it relates to resistance and support, as well as how to combine and read multiple time frames that offer the best opportunity to take profits
  • Details both concepts and practical tools to use for life, not just the current market

Investing is all about finding the right price patterns to profit from by understanding support, resistance, trends, and volume?as well as identifying the best time frames to trade. Trading Tools shows you how to do just this.

  

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Trading Tools and Tactics

User Review  - chumpchange1 - Overstock.com

As a trader, I attempt to read any significant new book as the business is always changing. Rarely have I found a book with so much detailed information with clear interpretations and explanations of ... Read full review

Contents

The Journey Begins
Using the Language
Price Is King 33
Visual Aids
Commitment to Prices 81
Using Retracement
Each
Examining the Direction
Relative Strength Defined 159
There Are Only
What Is a Gap? 203
The Concept
2 Printer Yet to come
Your Daily Routine 271
There Is Only One Truth in the Markets 279
Copyright

2 Printer Yet to come

Common terms and phrases

About the author (2011)

Greg Capra is president and CEO of Pristine Capital Holdings, Inc., the nationís leading educational service for self-directed traders. He has 15 years of experience as a day trader and swing trader.
Many years ago, Capra realized how to collect valuable intra-day information from stock quotes and store them into an orderly computerized system. He utilized a program called SuperTic to track
and evaluate this information, which led him to his pursuit of intra- day trading tactics.

In those days, free online stock charts and quotes were not widely available, and institutional traders had a great advantage over the individual trader. Today, the playing field is more level. Capra saw
an opportunity to build an educational and research firm for selfdirected, independent traders. This meant that ordinary people could now possess a sophisticated level of research on par with institutional traders and hedge funds.

Capra developed The Pristine Swing Trader, an advisory newsletter with over 60,000 subscribers, and is co-author of the book, Tools and Tactics for the Master Day Trader (McGraw-Hill, 2000). Pristine.com was founded in 1994 and combines publication-based education with seminars and education services aimed at helping traders gain an intuitive understanding of the markets. Over 400 seminars are conducted each year around the world.

Before founding Pristine, Capra spent 15 years running his own business. Since founding Pristine.com, his desire has been to educate the individual investor in quantitative analysis of market movements.

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