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HIGH PROBABILITY TRADING [HARDCOVER] by MARCEL LINK
HIGH PROBABILITY TRADING [HARDCOVER] by MARCEL LINK
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A common denominator among most new traders is that, within six months of launching their new pursuit, they are out of money and out of trading. High-Probability Trading softens the impact of this trader's tuition, detailing a comprehensive program for weathering those perilous first months and becoming a profitable trader.
This no-nonsense book takes a uniquely blunt look at the realities of trading. Filled with real-life examples and intended for use by both short- and long-term traders, it explores each aspect of successful trading.
“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.
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