Trade Against the Trend!

By Heikin Ashi Trader

The brokerage industry usually recommends that new traders trade with the trend. But is trading this way profitable? It is said that if you go with the trend, the likelihood that you will win is higher. Unfortunately, experience shows that most traders cannot build a profitable business this way.Old and experienced traders used to say: You have to buy when blood flows in the streets. That means that you should act against the trend. Actually, this saying is the expression of common sense itself. The question remains: Why do traders find it so hard to put this wisdom into practice?The new book by Heikin Ashi Trader gives ideas and tips on how to recognize such countertrend signals in the stock market, since these are usually the best trading opportunities.Table of ContentsPart 1: The Snapback Trading StrategyChapter 1: Trade when the mass is afraidChapter 2: Why I do not follow the trendChapter 3: Mean ReversionChapter 4: Risk ManagementChapter 5: How do I recognize extreme movements?Chapter 6: Patience at the entryChapter 7: Does the stop really protect me from heavy losses?Chapter 8: Trade ManagementChapter 9: ExitChapter 10: When do the best trading opportunities occur?Chapter 11: Why you should study the economic calendarChapter 12: Which markets are suitable for the snapback strategy?Part 2: Trading ExamplesChapter 1: Examples in the stock indicesChapter 2: Examples in the currency markets (Forex)Chapter 3: Examples in the stock marketsChapter 4: Examples in the commodity marketsGlossary

• Format: Paperback
• Language: English
• ISBN: 1798782200
• ISBN13: 9781798782200
• Release Date: March 2019
• Publisher: Independently Published
• Length: 80 Pages
• Weight: 0.21 lbs.
• Dimensions: 0.2" x 5.0" x 8.0"