{"product_id":"the-little-book-of-trading-isbn-9781118063507","title":"The Little Book of Trading","description":"\u003cb\u003eHow to get past the crisis and make the market work for you again\u003c\/b\u003e  \u003cp\u003e 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. \u003ci\u003eThe Little Book of Trading\u003c\/i\u003e teaches the average person rules and philosophies that winners use to beat the market, regardless of the financial climate.\u003c\/p\u003e  \u003cp\u003e 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. \u003ci\u003eThe Little Book of Trading:\u003c\/i\u003e\u003c\/p\u003e \u003cul\u003e \u003cli\u003eIdentifies tools, concepts, psychologies, and philosophies that keep people protected and making money when the next market bubble or surprise crisis occurs \u003c\/li\u003e \u003cli\u003eFeatures top traders in each chapter that have beaten the market for decades, providing readers with their moneymaking knowledge \u003c\/li\u003e \u003cli\u003eShows how traders who beat mutual fund performance make money at different times, not just from stocks alone \u003c\/li\u003e \u003c\/ul\u003e  \u003cp\u003e Most importantly, \u003ci\u003eThe Little Book of Trading\u003c\/i\u003e 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.\u003c\/p\u003e \u003cbr\u003e \u003cp\u003eIntroduction: A Wake-Up Call xiii\u003c\/p\u003e \u003cp\u003eForeword xxiii\u003cbr\u003e\u003ci\u003eCole Wilcox\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eForeword xxxiii\u003cbr\u003e\u003ci\u003eCullen O. Roche\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter One Stick to Your Knitting 1\u003cbr\u003e\u003ci\u003eGary Davis, Jack Forrest, and Rick Slaughter\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter Two Someone’s Gotta Lose for You to Win 21\u003cbr\u003e\u003ci\u003eDavid Druz\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter Three No Guts, No Glory 37\u003cbr\u003e\u003ci\u003ePaul Mulvaney\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter Four In a Land Far, Far Away from Wall Street 53\u003cbr\u003e\u003ci\u003eKevin Bruce\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter Five Think Like a Poker Player and Play the Odds 65\u003cbr\u003e\u003ci\u003eLarry Hite\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter Six Stand Up, Dust Yourself Off, and Keep Going 83\u003cbr\u003e\u003ci\u003eDavid Harding\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter Seven Throw Away the Fundamentals and Stick to Your Charts 103\u003cbr\u003e\u003ci\u003eBernard Drury\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter Eight Study Hard and Get an A+ 117\u003cbr\u003e\u003ci\u003eJustin Vandergrift\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter Nine You Can’t Know Everything 131\u003cbr\u003e\u003ci\u003eEric Crittenden and Cole Wilcox\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter Ten Make It Work Across All Markets 147\u003cbr\u003e\u003ci\u003eMichael Clarke\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter Eleven Stay in the Moment of Right Now 163\u003cbr\u003e\u003ci\u003eCharles Faulkner\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter Twelve Sing the Whipsaw Song 181\u003cbr\u003e\u003cbr\u003eAppendix A: Getting Technical: What is Capitalism Distribution? 187\u003c\/p\u003e \u003cp\u003eAppendix B: Fund Performance Data 193\u003c\/p\u003e \u003cp\u003eGlossary of Key Terms 201\u003c\/p\u003e \u003cp\u003eAuthor Disclaimer 207\u003c\/p\u003e \u003cp\u003eAcknowledgments 209\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eMICHAEL W. COVEL\u003c\/b\u003e serves as President of Trend Following\u003csup\u003e™\u003c\/sup\u003e (www.trendfollowing.com), a privately owned research firm. His first book is \u003ci\u003eTrend Following: Learn to Make Millions in Up or Down Markets\u003c\/i\u003e, and his second is \u003ci\u003eThe Complete TurtleTrader\u003c\/i\u003e. He also founded TurtleTrader.com\u003csup\u003e®\u003c\/sup\u003e in 1996, and since then, it has grown into an internationally recognized archive of trading information and data visited by over 10 million users. His first documentary film—\u003ci\u003eBroke: The New American Dream\u003c\/i\u003e, about the 2007–2009 crash—was released in 2009 and premiered on The Documentary Channel.   \u003c\/p\u003e\u003cp\u003e\" \u003ci\u003eThe Little Book of Trading\u003c\/i\u003e reveals the secrets of trend following insiders, giving you the freedom to trade all markets: interest rates, copper, currencies, stocks–you name it! Covel encourages you to take that TV blaring CNBC and throw it right out the window. Charts cut the noise.\"\u003cbr\u003e \u003cb\u003e\u003ci\u003e—Addison Wiggin\u003c\/i\u003e\u003c\/b\u003e bestselling author of The Demise of the Dollar \u003ci\u003e; Executive Publisher, Agora Financial, LLC\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003eRevealing the tricks which lead to success that today's market wizards keep up their sleeves, \u003ci\u003eThe Little Book of Trading\u003c\/i\u003e is the resource you need to get all markets working for you again. \u003c\/p\u003e\u003cp\u003eRecent events have left the average individual investor extremely dubious about playing the markets. But just because some unprepared individuals have paid for their mistakes is no reason to stay away from taking advantage of trending opportunities that, with a little careful planning, can yield exceptional results. Market fluctuation is nothing new, but there is a set of rules and philosophies that you can rely on to get the market back on your side, regardless of whether times are good or bad. \u003c\/p\u003e\u003cp\u003eDrawing on author Michael Covel's own extensive experience in the trading world, as well as tips and insights gathered from some of the world's most successful traders, the book identifies the tools, concepts, psychologies, and philosophies that will keep your money growing—and safe—even when the next bubble bursts or the next crisis hits. With each chapter featuring easy-to-understand advice from a top trader or trading firm that has won by beating mutual fund performance, this \u003ci\u003eLittle Book\u003c\/i\u003e prepares the cautious, would-be investor to make money like an old hand and presents a revolutionary new argument—that mutual funds, long the investment vehicle of choice for people looking for security in retirement, are no longer to be relied on. \u003c\/p\u003e\u003cp\u003eWith everything you need to grab all markets by the horns, this book provides a comprehensive overview of active investing strategies and risk-management techniques that you can easily use to your best advantage.   “\u003ci\u003eThe Little Book of Trading\u003c\/i\u003e reveals the secrets from trend-following insiders giving you the freedom to trade all markets: interest rates, copper, currencies, stocks -- you name it! Covel encourages you to take that TV blaring CNBC and throw it right out the window. Charts cut the noise.”\u003cbr\u003e —Addison Wiggin, Best-selling author of\u003ci\u003eDemise of the Dollar\u003c\/i\u003e; Executive Publisher, Agora Financial, LLC  \u003c\/p\u003e\u003cp\u003e“In \u003ci\u003eThe Little Book of Trading\u003c\/i\u003e, Michael Covel has collected many gems of wisdom from some of the great traders of our time. After reading this book and piecing together all of the commonalities therein, you’ll begin to understand what it takes to be successful in the markets. Ignore these key truths and one day you’ll watch your account disappear.”\u003cbr\u003e —Van K. Tharp, Ph.D., President, The Van Tharp Institute.\u003c\/p\u003e \u003cp\u003e“Michael Covel’s unique insight into trading is invaluable. Both novice and experienced traders can benefit from Michael’s thorough knowledge of markets around the globe. \u003ci\u003eThe Little Book of Trading\u003c\/i\u003e is a must read for serious investors.”\u003cbr\u003e —Louis G. Navellier, Chairman and Founder, Navellier \u0026amp; Associates, Inc.\u003c\/p\u003e \u003cp\u003e“Imagine being in the circle of trust of some of the greatest traders of all time, knowing what made them successful and having them share heartfelt advice. Though the eyes of Michael Covel in \u003ci\u003eThe Little Book of Trading\u003c\/i\u003e, you will truly feel this experience.”\u003cbr\u003e —Murray A. Ruggiero Jr., Contributing Editor, Futures Magazine; VP Research and Development, TradersStudio Inc.\u003c\/p\u003e \u003cp\u003e“Michael Covel’s \u003ci\u003eLittle Book of Trading\u003c\/i\u003e is a must-read guide to help you succeed in the shark-infested waters of the investment world.”\u003cbr\u003e —From the Forward, Cullen O. Roche, Founder and CEO, Orsus Investments, LLC; Proprietor of Pragmatic Capitalism\u003c\/p\u003e \u003cp\u003e“The latest addition to the ‘little book big profits’ series, Michael W. Covel’s \u003ci\u003eThe Little Book of Trading: Trend Following Strategy for Big Winnings\u003c\/i\u003e looks at the financial world through the eyes of successful trend traders … What Covel stresses throughout the book are the accompanying principles that make trend following viable: stick to your plan and manage your risk through diversification, stop placement, and position sizing. These are important principles for any kind of trading, but for trend following they are critical … Successful trend following traders try to capture the outliers, the really big moves that more than compensate for the many small losses they take. This goal requires traders to have confidence in their systems and confidence in themselves. By introducing the reader to successful trend traders, Covel believes that some of their ‘magic’ just might rub off.”\u003cbr\u003e —Seeking Alpha\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990280782053,"sku":"NP9781118063507","price":28.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118063507.jpg?v=1761787183","url":"https:\/\/k12savings.com\/products\/the-little-book-of-trading-isbn-9781118063507","provider":"K12savings","version":"1.0","type":"link"}