{"product_id":"the-art-of-trend-trading-isbn-9781119028017","title":"The Art of Trend Trading","description":"\u003cb\u003eLook inward for the missing piece to your trading strategy\u003c\/b\u003e \u003cp\u003e\u003ci\u003eThe Art of Trend Trading\u003c\/i\u003e 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. \u003c\/p\u003e\u003cp\u003eEveryone'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. \u003c\/p\u003e\u003cul\u003e \u003cli\u003eFollow the author's journey from homelessness to millionaire\u003c\/li\u003e \u003cli\u003eIdentify and understand your own strengths and weaknesses\u003c\/li\u003e \u003cli\u003eDevelop your instinct alongside your strategy\u003c\/li\u003e \u003cli\u003eTake a lesson from traders making consistent money\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThere's no substitute for good strategy, but it's no secret that some strategies seem to be more profitable than others. \u003ci\u003eThe Art of Trend Trading\u003c\/i\u003e helps you find that missing piece and turn it into more consistent investment success. \u003c\/p\u003e\u003cp\u003eForeword ix\u003cbr\u003e \u003ci\u003eMichael Di Gioia\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: Wishing You a Slow Rise 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSetting Goals 2\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1 Percent a Day Keeps the Ka-Chingos Comin’! 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDon’t Be in Such a Rush to Lose Your Money 4\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: Bear with Me 5\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Achilles Have It 6\u003c\/p\u003e \u003cp\u003eIdentifying Your Achilles’ Heel 6\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: Breakout City and Riding the Horse to Gains 11\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe 10 a.m. Intraday Break 11\u003c\/p\u003e \u003cp\u003eThe Play 12\u003c\/p\u003e \u003cp\u003eThe Technical Breakout 16\u003c\/p\u003e \u003cp\u003eThe 52-Week-High Breakout 16\u003c\/p\u003e \u003cp\u003eBuy Low and Sell High? 18\u003c\/p\u003e \u003cp\u003eThe All-Time-High Blue Skies Breakout 24\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Power Trading 25\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBe You…Be Powerful! 26\u003c\/p\u003e \u003cp\u003eIntraday Primer 26\u003c\/p\u003e \u003cp\u003eTime Frames 29\u003c\/p\u003e \u003cp\u003e9:30–10:00 a.m.: Gaps 30\u003c\/p\u003e \u003cp\u003e10:00–1:00 p.m.: 10 a.m. Rule in Effect 32\u003c\/p\u003e \u003cp\u003e1:00–2:30 p.m.: Lunchtime Lull\/Reversal 33\u003c\/p\u003e \u003cp\u003e2:30–3:20 p.m.: Post-Lunch Activity 34\u003c\/p\u003e \u003cp\u003e3:20–3:40 p.m.: Afternoon Lull 34\u003c\/p\u003e \u003cp\u003e3:40–4:00 p.m.: Market on Close\/End of Day 35\u003c\/p\u003e \u003cp\u003e8:00–9:30 a.m.\/4:00–8:00 p.m.: After-Hours, News Rules! 35\u003c\/p\u003e \u003cp\u003eTime Frame Examples 37\u003c\/p\u003e \u003cp\u003eNews Trader 38\u003c\/p\u003e \u003cp\u003eSwing Trades 40\u003c\/p\u003e \u003cp\u003eGap Me, Baby 41\u003c\/p\u003e \u003cp\u003eLaggards 41\u003c\/p\u003e \u003cp\u003eMarket Close 42\u003c\/p\u003e \u003cp\u003eAfter Hours 42\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: $12,500 to $3.8 Million 45\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBull, Bear—I Don’t Care! 45\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: Options (Pretty) Basic Primer 49\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Are Options? 50\u003c\/p\u003e \u003cp\u003eUnderlying Assets 51\u003c\/p\u003e \u003cp\u003eRights and Obligations 52\u003c\/p\u003e \u003cp\u003eWeekly Options 55\u003c\/p\u003e \u003cp\u003eOption Strategies Introduction 60\u003c\/p\u003e \u003cp\u003eSpreads 62\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Trading Options 65\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOut-of-the-Money Options 65\u003c\/p\u003e \u003cp\u003eMore than One Month Out 69\u003c\/p\u003e \u003cp\u003eLeveraging and Hedging 71\u003c\/p\u003e \u003cp\u003eIndex Options 73\u003c\/p\u003e \u003cp\u003eLEAPs 77\u003c\/p\u003e \u003cp\u003eStraddles 78\u003c\/p\u003e \u003cp\u003eStrangles 82\u003c\/p\u003e \u003cp\u003eBull Spread 83\u003c\/p\u003e \u003cp\u003eBear Spread 85\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Trading Gaps Animal Spirit Guide (Stalking, Leopard) 87\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Are Gaps? 87\u003c\/p\u003e \u003cp\u003ePlanning Your Gap Trade 92\u003c\/p\u003e \u003cp\u003eDaily Gap Goals! 92\u003c\/p\u003e \u003cp\u003eObjectives 94\u003c\/p\u003e \u003cp\u003eNews\/News\/News 95\u003c\/p\u003e \u003cp\u003eCome Out, Come Out, Wherever You Are, Mr. Gap! 96\u003c\/p\u003e \u003cp\u003eOrder Flow 97\u003c\/p\u003e \u003cp\u003eManaging Risk 98\u003c\/p\u003e \u003cp\u003eKnow When to Hold ‘Em or Fold ‘Em 100\u003c\/p\u003e \u003cp\u003eBelieve! 102\u003c\/p\u003e \u003cp\u003eTrading Gap Downs 103\u003c\/p\u003e \u003cp\u003eTrading Gap Ups 106\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: My Favorite Animal Spirits 109\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGap Fades 110\u003c\/p\u003e \u003cp\u003eEarnings Runs 113\u003c\/p\u003e \u003cp\u003eEarnings Straddles 121\u003c\/p\u003e \u003cp\u003eFOMC Fades 123\u003c\/p\u003e \u003cp\u003e10:00 a.m. Rule Plays 126\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: Trading Gaps Using Technical Analysis 133\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eReversal Bars 134\u003c\/p\u003e \u003cp\u003eDoji 134\u003c\/p\u003e \u003cp\u003eWhen to Enter 136\u003c\/p\u003e \u003cp\u003eReversal Bars 141\u003c\/p\u003e \u003cp\u003eThe OOPS Entry 145\u003c\/p\u003e \u003cp\u003eGap and Goooooooooo!!! 147\u003c\/p\u003e \u003cp\u003eExit Strategies 152\u003c\/p\u003e \u003cp\u003eTaking Profits 156\u003c\/p\u003e \u003cp\u003eKnow When to Fold ‘Em 159\u003c\/p\u003e \u003cp\u003eUsing Stops 161\u003c\/p\u003e \u003cp\u003eGaining an Edge 165\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11: News Rules! Trading News 171\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLaggard News 171\u003c\/p\u003e \u003cp\u003eGuidelines for Trading News 172\u003c\/p\u003e \u003cp\u003eNews Stories 174\u003c\/p\u003e \u003cp\u003ePotential News 183\u003c\/p\u003e \u003cp\u003eManaging Risk 185\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12: Trading Laggards 187\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Is a Laggard? 187\u003c\/p\u003e \u003cp\u003eIf It Looks Like a Laggard, and It Smells Like One… 188\u003c\/p\u003e \u003cp\u003eWatchlists 188\u003c\/p\u003e \u003cp\u003eSectors 188\u003c\/p\u003e \u003cp\u003eNews and Laggards 192\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13: Trends Are Your Friends 193\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStick with the Trend! 194\u003c\/p\u003e \u003cp\u003eWindow Dressing 196\u003c\/p\u003e \u003cp\u003eEarnings Runners 199\u003c\/p\u003e \u003cp\u003eFOMC Runs 206\u003c\/p\u003e \u003cp\u003eThe January Effect 210\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14: Finding Your Own Animal Spirit 215\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eNext Steps 215\u003c\/p\u003e \u003cp\u003eChoices 216\u003c\/p\u003e \u003cp\u003eLaws of Attraction 216\u003c\/p\u003e \u003cp\u003eAre You a Leopard? 218\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15: Zen and the Art of Rich 221\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSociety 221\u003c\/p\u003e \u003cp\u003eControl… 222\u003c\/p\u003e \u003cp\u003eMoney 223\u003c\/p\u003e \u003cp\u003eCockroaches 224\u003c\/p\u003e \u003cp\u003eIntegrity 225\u003c\/p\u003e \u003cp\u003eZen 226\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16: What Animal Spirit Are You? 229\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAbout the Author 231\u003c\/p\u003e \u003cp\u003eIndex 233\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eMICHAEL PARNESS\u003c\/b\u003e 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 best­selling book, \u003ci\u003eRule\u003c\/i\u003e \u003ci\u003eThe Freakin’ Markets!\u003c\/i\u003e, has provided thousands of individual inves­tors 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.    \u003c\/p\u003e\u003cp\u003eAre you still looking for the ultimate trading system? A way to game the market and uncover the secret to profitable investing? You should be looking for \u003ci\u003eyour\u003c\/i\u003e system—the strategy that aligns with your personal style of trading—because the one thing all consistently successful traders have in common is relying on their instinct and intuition when managing investment plans. They look beyond the formula to \u003ci\u003eThe Art of Trend Trading.\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003eCelebrity trader, bestselling author, and CEO Michael Parness shares his personal insights into how a full spectrum of trading styles move by animal spirits more than steadfast fundamentals, and then provides the practical ways you can grow your wealth by factoring human behavior into your trading ­strategy. Whether you’re a newbie trader or a Wall Street influencer, this book has what you need to succeed. Michael’s refreshing explanations bring to life the ­moment when gut instinct drives technique and brilliant traders take more profit out of the market than run-of-the-mill technicians. Through the same evocative, mind-opening delivery style that sells out his seminars year after year, Michael takes you through every step of his entire thought process. The book will explore: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eUsing technical analysis to trade gaps\u003c\/li\u003e\n\u003cli\u003eRiding trends while managing risk\u003c\/li\u003e\n\u003cli\u003eTrading the intraday time frames when power trading\u003c\/li\u003e\n\u003cli\u003eProfiting in bull and bear markets by trading options\u003c\/li\u003e\n\u003cli\u003eMaking your daily goals in an hour or less\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eMarkets are measured by concrete numbers, which often makes traders ­forget they are applying their algebraic trading systems to a human-driven industry. Just ask Michael—he’ll tell you financial freedom starts with \u003ci\u003eThe Art of Trend Trading.\u003c\/i\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990162817253,"sku":"NP9781119028017","price":40.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119028017.jpg?v=1761786746","url":"https:\/\/k12savings.com\/products\/the-art-of-trend-trading-isbn-9781119028017","provider":"K12savings","version":"1.0","type":"link"}