Financial Trading Patterns - Softcover

Loton, Mr Tony

Softcover

ISBN 10: 0955676428 ISBN 13: 9780955676420

Publisher: LOTONtech Limited, 2007

Synopsis

This original book covers the various order types offered by your stockbroker, and strategies you can use to incorporate the different orders into your trading. The chapters are laid out in such a way that it is easy to familiarise yourself with each concept, and to understand the pros and cons of the different strategies. Every concept is clearly explained with diagrams and charts, and the success and failure scenarios show how things can go well or badly. The patterns include LIMIT BUY, LIMIT SELL, STOP BUY, STOP SELL, TRAILING STOP BUY, TRAILING STOP SELL, STOP/LIMIT, and STRADDLE. The author rounds off with real-life examples and back-testing results.

About this title

From the Back Cover

Do you know your limit order from your trailing stop order?

For novice traders this book collates the order types provided by your stockbroker, and presents each one in the form of a standardized pattern that you can apply in your trading.

Do you combine your stockbroker's order types effectively in your trading or investment strategy?

For intermediate traders this book presents standardized financial trading patterns that combine various order types, and which allow you to execute strategies such as:

"Buy low, sell high"
"Buy high, sell higher"
"Cut your losses, let your profits run"

Each pattern comprises the pattern name, the motivation for the pattern, a pictorial success scenario, a pictorial failure scenario, and the application of the pattern in practice.

For a real-life perspective you will find details of the author's own use of trading patterns, as well as his back-testing results.

Edition details

• Publisher: LOTONtech Limited
• Publication date: 2007
• Language: English
• ISBN 10: 0955676428
• ISBN 13: 9780955676420
• Binding: Paperback
• Number of pages: 132