High-Probability Trading: Take the Steps to Become a Successful Trader (Professional Finance & Investment)

3.79 avg rating
( 187 ratings by Goodreads )
 
9780071381567: High-Probability Trading: Take the Steps to Become a Successful Trader (Professional Finance & Investment)

"The Goal Is to Teach All Traders to Think with the Mindset of a Successful Trader..." While successful trading requires tremendous skill and knowledge, it begins and ends with mindset. What do exceptional traders think when they purchase a quality stock and the price immediately plummets? How do they keep one bad trade from destroying their confidence - and bankroll? What do they know that the rest of us don't? "Some trades are not worth the risk and should never be done."High Probability Trading" shows you how to trade only when the odds are in your favor. From descriptions of the software and equipment an exceptional trader needs high probability signals that either a top or bottom has been reached, it is today's most complete guidebook to thinking like an exceptional trader - every day, on every trade. "It's not how good you are at one individual thing, but it's the culmination of every aspect of trading that makes one successful."Before he became a successful trader, Marcel Link spent years wading from one system to the next, using trial and error to figure out what worked, what didn't, and why. In "High Probability Trading", Link reveals the steps he took to become a consistent, patient, and winning trader - by learning what to watch for, what to watch out for, and what to do to make each trade a high probability trade. "Why do a select few traders repeatedly make money while the masses lose? What do bad traders do that good traders avoid, and what do winning traders do that is different? Throughout this book I will detail how successful traders behave differently and consistently make money by making high probability trades and avoiding common pitfalls..." - From the preface.Within 6 months of beginning their careers full of promise and hope, most traders are literally out of money and out of trading. "High Probability Trading" reduces the likelihood that you will have to pay this "traders' tuition," by detailing a market-proven program for weathering those first few months and becoming a profitable trader from the beginning.Combining a uniquely blunt look at the realities of trading with examples, charts, and case studies detailing actual hits and misses of both short- and long-term traders, this straightforward guidebook discusses: the 10 consistent attributes of a successful trader, and how to make them work for you; strategies for controlling emotions in the heat of trading battle; technical analysis methods for identifying trends, breakouts, reversals, and more; market-tested signals for consistently improving the timing of entry and exit points; how to "trade the news" - and understand when the market has already discounted it; and learning how to get out of a bad trade before it can hurt you. The best traders enter the markets only when the odds are in their favor. "High Probability Trading" shows you how to know the difference between low and high probability situations, and only trade the latter. It goes far beyond simply pointing out the weaknesses and blind spots that hinder most traders to explaining how those defects can be understood, overcome, and turned to each trader's advantage. While it is a cliche, it is also true that there are no bad traders, only bad trades. Let "High Probability Trading" show you how to weed the bad trades from your trading day by helping you see them before they occur.Packed with charts, trading tips, and questions traders should be asking themselves, plus real examples of traders in every market situation, this powerful book will first give you the knowledge and tools you need to tame the markets and then show you how to meld them seamlessly into a customized trading program - one that will help you join the ranks of elite traders and increase your probability of success on every trade.

"synopsis" may belong to another edition of this title.

About the Author:

Marcel Link, a fully licensed commodities broker and CPO, is currently a proprietary trader forSchonfeld Securities in New York. He also owns and operates his own Web site (LinkFutures.com).The site, which receives about 10,000 impressions per day, provides daily commentary on the markets,technical analysis, training, marketing, and other information vital to traders. Previously, he was a floortrader at the New York Mercantile Exchange for British American Capital, Esco Commodities, andCargill, where he also wrote several computerized trading programs and provided a bi-weeklynewsletter to clients. He is licensed for NASD Series 3, 7, 55, and 63.

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

LINK
Published by Mcgraw Hill Publishers
ISBN 10: 0071381562 ISBN 13: 9780071381567
New Quantity Available: > 20
Seller
INDOO
(Avenel, NJ, U.S.A.)
Rating
[?]

Book Description Mcgraw Hill Publishers. Book Condition: New. Brand New. Bookseller Inventory # 0071381562

More Information About This Seller | Ask Bookseller a Question

Buy New
18.45
Convert Currency

Add to Basket

Shipping: 2.69
Within U.S.A.
Destination, Rates & Speeds

2.

Marcel Link
ISBN 10: 0071381562 ISBN 13: 9780071381567
New Quantity Available: > 20
Seller
Marlton Books
(Rosenhayn, NJ, U.S.A.)
Rating
[?]

Book Description Book Condition: New. Book is in excellent shape! Fast Shipping - Safe and Secure Bubble Mailer!. Bookseller Inventory # 38VCYD000Q4B

More Information About This Seller | Ask Bookseller a Question

Buy New
18.20
Convert Currency

Add to Basket

Shipping: 3.07
Within U.S.A.
Destination, Rates & Speeds

3.

Link, Marcel
ISBN 10: 0071381562 ISBN 13: 9780071381567
New Quantity Available: > 20
Seller
Paperbackshop-US
(Wood Dale, IL, U.S.A.)
Rating
[?]

Book Description 2003. HRD. Book Condition: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Bookseller Inventory # VJ-9780071381567

More Information About This Seller | Ask Bookseller a Question

Buy New
19.54
Convert Currency

Add to Basket

Shipping: 3.07
Within U.S.A.
Destination, Rates & Speeds

4.

Link, Marcel
ISBN 10: 0071381562 ISBN 13: 9780071381567
New Quantity Available: 1
Seller
Pbshop
(Wood Dale, IL, U.S.A.)
Rating
[?]

Book Description 2003. HRD. Book Condition: New. New Book.Shipped from US within 10 to 14 business days. Established seller since 2000. Bookseller Inventory # IB-9780071381567

More Information About This Seller | Ask Bookseller a Question

Buy New
20.58
Convert Currency

Add to Basket

Shipping: 3.07
Within U.S.A.
Destination, Rates & Speeds

5.

Marcel Link
Published by McGraw-Hill Education - Europe, United States (2003)
ISBN 10: 0071381562 ISBN 13: 9780071381567
New Hardcover Quantity Available: 10
Seller
The Book Depository
(London, United Kingdom)
Rating
[?]

Book Description McGraw-Hill Education - Europe, United States, 2003. Hardback. Book Condition: New. 234 x 163 mm. Language: English . Brand New Book. The Goal Is to Teach All Traders to Think with the Mindset of a Successful Trader. While successful trading requires tremendous skill and knowledge, it begins and ends with mindset. What do exceptional traders think when they purchase a quality stock and the price immediately plummets? How do they keep one bad trade from destroying their confidence - and bankroll? What do they know that the rest of us don t? Some trades are not worth the risk and should never be done. High Probability Trading shows you how to trade only when the odds are in your favor. From descriptions of the software and equipment an exceptional trader needs high probability signals that either a top or bottom has been reached, it is today s most complete guidebook to thinking like an exceptional trader - every day, on every trade. It s not how good you are at one individual thing, but it s the culmination of every aspect of trading that makes one successful. Before he became a successful trader, Marcel Link spent years wading from one system to the next, using trial and error to figure out what worked, what didn t, and why.In High Probability Trading , Link reveals the steps he took to become a consistent, patient, and winning trader - by learning what to watch for, what to watch out for, and what to do to make each trade a high probability trade. Why do a select few traders repeatedly make money while the masses lose? What do bad traders do that good traders avoid, and what do winning traders do that is different? Throughout this book I will detail how successful traders behave differently and consistently make money by making high probability trades and avoiding common pitfalls. - From the preface.Within 6 months of beginning their careers full of promise and hope, most traders are literally out of money and out of trading. High Probability Trading reduces the likelihood that you will have to pay this traders tuition, by detailing a market-proven program for weathering those first few months and becoming a profitable trader from the beginning.Combining a uniquely blunt look at the realities of trading with examples, charts, and case studies detailing actual hits and misses of both short- and long-term traders, this straightforward guidebook discusses: the 10 consistent attributes of a successful trader, and how to make them work for you; strategies for controlling emotions in the heat of trading battle; technical analysis methods for identifying trends, breakouts, reversals, and more; market-tested signals for consistently improving the timing of entry and exit points; how to trade the news - and understand when the market has already discounted it; and learning how to get out of a bad trade before it can hurt you.The best traders enter the markets only when the odds are in their favor. High Probability Trading shows you how to know the difference between low and high probability situations, and only trade the latter. It goes far beyond simply pointing out the weaknesses and blind spots that hinder most traders to explaining how those defects can be understood, overcome, and turned to each trader s advantage. While it is a cliche, it is also true that there are no bad traders, only bad trades. Let High Probability Trading show you how to weed the bad trades from your trading day by helping you see them before they occur.Packed with charts, trading tips, and questions traders should be asking themselves, plus real examples of traders in every market situation, this powerful book will first give you the knowledge and tools you need to tame the markets and then show you how to meld them seamlessly into a customized trading program - one that will help you join the ranks of elite traders and increase your probability of success on every trade. Bookseller Inventory # AA39780071381567

More Information About This Seller | Ask Bookseller a Question

Buy New
24.78
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

6.

Marcel Link
Published by McGraw-Hill Education - Europe, United States (2003)
ISBN 10: 0071381562 ISBN 13: 9780071381567
New Hardcover Quantity Available: 10
Seller
The Book Depository US
(London, United Kingdom)
Rating
[?]

Book Description McGraw-Hill Education - Europe, United States, 2003. Hardback. Book Condition: New. 234 x 163 mm. Language: English . Brand New Book. The Goal Is to Teach All Traders to Think with the Mindset of a Successful Trader. While successful trading requires tremendous skill and knowledge, it begins and ends with mindset. What do exceptional traders think when they purchase a quality stock and the price immediately plummets? How do they keep one bad trade from destroying their confidence - and bankroll? What do they know that the rest of us don t? Some trades are not worth the risk and should never be done. High Probability Trading shows you how to trade only when the odds are in your favor. From descriptions of the software and equipment an exceptional trader needs high probability signals that either a top or bottom has been reached, it is today s most complete guidebook to thinking like an exceptional trader - every day, on every trade. It s not how good you are at one individual thing, but it s the culmination of every aspect of trading that makes one successful. Before he became a successful trader, Marcel Link spent years wading from one system to the next, using trial and error to figure out what worked, what didn t, and why.In High Probability Trading , Link reveals the steps he took to become a consistent, patient, and winning trader - by learning what to watch for, what to watch out for, and what to do to make each trade a high probability trade. Why do a select few traders repeatedly make money while the masses lose? What do bad traders do that good traders avoid, and what do winning traders do that is different? Throughout this book I will detail how successful traders behave differently and consistently make money by making high probability trades and avoiding common pitfalls. - From the preface.Within 6 months of beginning their careers full of promise and hope, most traders are literally out of money and out of trading. High Probability Trading reduces the likelihood that you will have to pay this traders tuition, by detailing a market-proven program for weathering those first few months and becoming a profitable trader from the beginning.Combining a uniquely blunt look at the realities of trading with examples, charts, and case studies detailing actual hits and misses of both short- and long-term traders, this straightforward guidebook discusses: the 10 consistent attributes of a successful trader, and how to make them work for you; strategies for controlling emotions in the heat of trading battle; technical analysis methods for identifying trends, breakouts, reversals, and more; market-tested signals for consistently improving the timing of entry and exit points; how to trade the news - and understand when the market has already discounted it; and learning how to get out of a bad trade before it can hurt you.The best traders enter the markets only when the odds are in their favor. High Probability Trading shows you how to know the difference between low and high probability situations, and only trade the latter. It goes far beyond simply pointing out the weaknesses and blind spots that hinder most traders to explaining how those defects can be understood, overcome, and turned to each trader s advantage. While it is a cliche, it is also true that there are no bad traders, only bad trades. Let High Probability Trading show you how to weed the bad trades from your trading day by helping you see them before they occur.Packed with charts, trading tips, and questions traders should be asking themselves, plus real examples of traders in every market situation, this powerful book will first give you the knowledge and tools you need to tame the markets and then show you how to meld them seamlessly into a customized trading program - one that will help you join the ranks of elite traders and increase your probability of success on every trade. Bookseller Inventory # AA39780071381567

More Information About This Seller | Ask Bookseller a Question

Buy New
25.49
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

7.

Link, Marcel
Published by McGraw-Hill Education (2003)
ISBN 10: 0071381562 ISBN 13: 9780071381567
New Hardcover Quantity Available: 1
Seller
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Education, 2003. Hardcover. Book Condition: New. Bookseller Inventory # 0071381562

More Information About This Seller | Ask Bookseller a Question

Buy New
23.87
Convert Currency

Add to Basket

Shipping: 2.30
Within U.S.A.
Destination, Rates & Speeds

8.

Link, Marcel
Published by McGraw-Hill Education (2003)
ISBN 10: 0071381562 ISBN 13: 9780071381567
New Quantity Available: > 20
Seller
Books2Anywhere
(Fairford, GLOS, United Kingdom)
Rating
[?]

Book Description McGraw-Hill Education, 2003. HRD. Book Condition: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Bookseller Inventory # CM-9780071381567

More Information About This Seller | Ask Bookseller a Question

Buy New
18.46
Convert Currency

Add to Basket

Shipping: 9
From United Kingdom to U.S.A.
Destination, Rates & Speeds

9.

Marcel Link
Published by McGraw-Hill Education (2003)
ISBN 10: 0071381562 ISBN 13: 9780071381567
New Hardcover Quantity Available: 1
Seller
Irish Booksellers
(Rumford, ME, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Education, 2003. Hardcover. Book Condition: New. book. Bookseller Inventory # 0071381562

More Information About This Seller | Ask Bookseller a Question

Buy New
28.56
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

10.

Marcel Link
Published by McGraw-Hill Education 2003-04-01, New York |London (2003)
ISBN 10: 0071381562 ISBN 13: 9780071381567
New Hardcover Quantity Available: 1
Seller
Blackwell's
(Oxford, OX, United Kingdom)
Rating
[?]

Book Description McGraw-Hill Education 2003-04-01, New York |London, 2003. hardback. Book Condition: New. Bookseller Inventory # 9780071381567

More Information About This Seller | Ask Bookseller a Question

Buy New
24.24
Convert Currency

Add to Basket

Shipping: 4.50
From United Kingdom to U.S.A.
Destination, Rates & Speeds

There are more copies of this book

View all search results for this book