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Wiley

The Art of Trend Trading: Animal Spirits and Your Path to Profits

The Art of Trend Trading: Animal Spirits and Your Path to Profits

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Look inward for the missing piece to your trading strategy

The Art of Trend Trading bucks the trend of technicality to show readers how instinct and strategy can unite to bring about consistent investment success. Rather than diving ever-deeper into the overdone world of complicated modeling and forecasting techniques, trader, CEO, and bestselling author Michael Parness explains how making intuition a part of your investment strategy tends to result in more long-term profit. Using animal spirits as a metaphor and tool, Parness helps readers understand how their natural tendencies may run counter to their strategy, and how this dichotomy may be the shackle holding them back from true market success. Readers will learn how this perspective lifted Parness from homelessness to making millions in both Bull and Bear markets, and will start developing their own market instinct as they refine and tune into their own natural intuition.

Everyone's looking for the "ultimate" system, a way to "game the market" and uncover the "secret" to successful investing. Over the years, Parness has observed that the best traders - those who consistently make money - are the ones that use instinct and intuition, as well as strategy. This book shows you how to identify the natural trader within, and use your gut to inform an ever-evolving investment plan.

  • Follow the author's journey from homelessness to millionaire
  • Identify and understand your own strengths and weaknesses
  • Develop your instinct alongside your strategy
  • Take a lesson from traders making consistent money

There's no substitute for good strategy, but it's no secret that some strategies seem to be more profitable than others. The Art of Trend Trading helps you find that missing piece and turn it into more consistent investment success.

Author: Michael Parness
Publisher: Wiley
Published: 12/02/2015
Pages: 256
Binding Type: Hardcover
Weight: 0.90lbs
Size: 9.20h x 6.30w x 0.90d
ISBN: 9781119028017

About the Author

MICHAEL PARNESS is Chief Trader and Educator at Affinity Trading and CEO of World Series of Trading, the world's first Fantasy Sports for Stocks -educational platform. He has been featured as an expert on CNBC, FOX News, CNN, Reuters, Bloomberg, and many other programs, and his rags-to-riches life story was optioned by actor and director Dustin Hoffman. He has also been honored at the United Nations for his charity work with abused children, and his best-selling book, Rule The Freakin' Markets!, has provided thousands of individual inves-tors with practical trading tips for reading the markets and trading with confidence--without the help of brokers or analysts. He is the proud father of two beautiful daughters, Emma Grace and Joelle.

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