Read The Little Book of Trading: Trend Following Strategy for Big Winnings by Michael W. Covel Online

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How to get past the crisis and make the market work for you again The last decade has left people terrified of even the safest investment opportunities. This fear is not helping would-be investors who could be making money if they had a solid plan. The Little Book of Trading teaches the average person rules and philosophies that winners use to beat the market, regardless oHow to get past the crisis and make the market work for you again The last decade has left people terrified of even the safest investment opportunities. This fear is not helping would-be investors who could be making money if they had a solid plan. The Little Book of Trading teaches the average person rules and philosophies that winners use to beat the market, regardless of the financial climate.The market has always fluctuated, but savvy traders know how to make money in good times and bad. Drawing on author Michael Covel's own trading experience, as well as insights from legendary traders, the book offers sound, practical advice in an easy to understand, readily digestible way. The Little Book of Trading: Identifies tools, concepts, psychologies, and philosophies that keep people protected and making money when the next market bubble or surprise crisis occurs Features top traders in each chapter that have beaten the market for decades, providing readers with their moneymaking knowledge Shows how traders who beat mutual fund performance make money at different times, not just from stocks alone Most importantly, The Little Book of Trading explains why mutual funds should not be the investment vehicle of choice for people looking to secure retirement, a radical realization highlighting the changed face of investing today....

Title : The Little Book of Trading: Trend Following Strategy for Big Winnings
Author :
Rating :
ISBN : 9781118063507
Format Type : Hardcover
Number of Pages : 210 Pages
Status : Available For Download
Last checked : 21 Minutes ago!

The Little Book of Trading: Trend Following Strategy for Big Winnings Reviews

  • Russ
    2019-03-24 15:47

    The book offers vignettes of various trend following traders. It is breezy and entertaining - perfect for the beach or a rainy summer day. You won't learn how to trade or how to build a trading system. but you may learn more about trading psychology and the attitudes necessary to be successful in stock trading.

  • Franklin Aquino
    2019-03-31 09:43

    An Inspiring for Unorthodox TradersMr. Covel does a wonderful job explaining the intuition behind a trend following approach. He expertly weaves in stories and anecdotes from successful trend followers to paint a picture of success for the reader.

  • Kylie Young
    2019-04-06 13:37

    Sounds like he just wanted to be different for the sake of being different, so that he can reveal a traders 'secret to success'. I'll put it with the conspiracy theory books

  • Frederic Bontemps
    2019-04-10 15:20

    This short book offers some titbits on trading and the trader's mindset. Emotions are the enemy of the successful trader. If you have a probability of losing it all on a trade, you will not succeed longterm. My takeaway is the basic advice of following a system and quantifying your results monthly and/or yearly based on prices alone. The best way to come up with and execute a trading system is study the some of the successful traders mentioned. The enemy of successful trading is seeking "perfection" in every trade or trading too often by not letting your winners run.

  • David Ingvarsson
    2019-03-29 15:34

    The author is annoyingly ignorant about other styles of trading/investing then the one he believes in (trend following). Hard to say if the author really lacks understanding of, for example, fundamental investing or just Wants to sell his books by pretending trend following is the only way to go. Also annoying that he never present any proven system, just talk about things like "let your winnings run, cut your losses short". Still think book contains some value for people completely new to trend following, thats why I give It 2 stars.

  • Helen Mary Labao Barrameda
    2019-04-19 13:30

    A refreshing read. Covel has a way with words which makes even the seemingly dry and mechanical world of trading bustle with life. It’s not the one with the charts. If you’re after a reference with charts, this is not the trading book to pick from your shelf. But it would be similar to positive mind setting that Joe Ross is also known for.

  • Henry
    2019-04-22 13:19

    "Schools teach you have to follow systems. You need to figure out what system is for you"

  • Brett Kronewitter
    2019-04-20 09:47

    Superficial view of the trend following concept. No discussion of actual models or examples.

  • Williamprasetyo
    2019-04-24 15:49

    Its quite good , But too much story in it

  • Darius
    2019-04-13 08:32

    Though I'm dubious about full-fledged "technical" traders, someone recommended Covel's larger book and I settled on the "little book" as a compromise. The book has left me unconvinced. I think some ideas from technical analysis should be incorporated into an investor's toolkit, but not a full-blown approach.However, even for someone who finds technical analysis more plausible that I do, this book falls short. Much of it is very general, modern-pulpit, motivational-style life advice: get over irrational fear, be willing to try new things, learn to live with risks which threaten damage mostly to ego but have great promise. All sorts of decent, if not unique, life advice, but that's not why someone would pick up this book. On the actual topic, details are really short. I don't know if the larger book has more. If it does, the condensation should have pulled in more details about technical trading and less about life in general. It also does not need so many stories about people who made it from rags to riches because they were "trend-traders", while not telling us much about what they really did.It is an easy read, but I stopped reading about half-way through.

  • JC
    2019-03-24 14:28

    A friend handed this book to me to read after I mentioned that I was interested in investing in the stock market. I really like the ideas presented here, but I'm a huge beginner in the stock market so I didn't understand a lot of the terms and things that were being thrown around here (for example, I had to ask how you short a stock). The idea is awesome, but I have no idea where to start. I'd need a lot more training I feel to really come up with a solid strategy for trend trading. Definitely interested though.

  • JP
    2019-03-24 13:26

    This book is distinct from his others because it's oriented around several lasting, experienced traders. Instead of sharing dozens of strategies, Covel looks more deeply at how each of them got started and how they have prevailed over time. Key points include that trading strategies should work in a variety of product markets, that risk management is key, and that successful traders tend to buck normal psychology, such as by riding their gains.

  • Viraj
    2019-04-15 15:33

    Audiobook. I don't believe in trading. But psychology is important. humans as a group continue to behave similarly over time. That's why trading could work. Trailing stop loss is interesting. I don't think that there's much point to trade outside of roth due to tax consequences. I want to review the successful traders' strategies. The author should have had all names in index etc listed.

  • Vikas Suresh
    2019-04-03 13:39

    I was expecting more details and technical stuff but what it really is a distilled version of interviews. I would suggest read/re-read the little book of market wizards than picking up this one. I just couldn't go to the end as I did not see any benefit from reading it.

  • Sundaram Shanmugam
    2019-04-02 08:45

    Best book I found It is all about trend following. It is a short read but was very helpful to understand trend trading and how traders who are trend followers have performed.

  • Osaigbovo Uka
    2019-04-14 13:29

    this is a great book for people that keep full time jobs. it shows explains money management skills

  • Chris Henthorn
    2019-04-12 12:30

    A strategy is necessary whether it's swing, or trend... develop a plan and trade your plan.