The Nature of Trends by Ray Barros
Today's market participants have a myriad of tools at their disposal. Yet the success rate is that of old - 80% to 90% of traders fail to achieve their financial goals. This book shows traders how to get their investment act together. It covers in detail the three requirements needed for success: Winning psychology, effective money management and a written trading plan with an edge. The Nature of Trends also provides unique tools (for example the MIDAS tool) that provide low risk trade entry by telling the trader the level at which an entry may be safely effected Finally, the book provides the "Rule of 3" to manage a trade. These rules allow the trader to take profits and hold on for long-term profits without increasing risk.
Ray Barros is a professional trader, fund manager, author, and educator. Since he started trading 20 years ago, his track record reflects a whopping 39% per annum return on a compounded basis. This means a hypothetical investment of $1,000 returned over $100,000 in the 15-year period between 1990 and early 2005. Barros is also the author of two books- The Nature of Trends and The Ray Wave . Barros has been regularly featured in regional newspapers and publications such as Sydney Morning Herald , Your Trading Edge Magazine , Business Times , and Smart Investor focusing on his trading strategies as well as his opinions on market sentiment. They have also dealt with his track record, trading philosophy, how and why he got into trading, and what advice he would give to those wishing to become traders/investors.
| SKU | Unavailable |
| ISBN 13 | 9780470822357 |
| ISBN 10 | 047082235X |
| Title | The Nature of Trends |
| Author | Ray Barros |
| Series | Wiley Trading |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | John Wiley & Sons Inc |
| Year published | 2008-01-04 |
| Number of pages | 220 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |