A growing number of people worldwide view trading the markets as an attractive part- or even full-time pursuit. This book shows how traditional long positions are giving way to techniques that focus on making money by being on the right side of the market.

All over the world a growing number of people are viewing trading the markets as a valuable source of additional income or even as a new career option. Sitting in front of a PC, they are able to connect to their broker's trading platform and buy or sell on the world market assets of all kinds: gold, oil, shares, bonds, and so forth. Today, it is no longer a problem to be short on almost any class of asset. This book is an ideal guide on how to make money by fast trading. It will be especially valuable for those wishing to trade in their spare time with a limited amount of capital. Different styles of trading, including scalping, day trading, and swing trading, are clearly described, with advice on how to avoid common mistakes. In addition, the Donkey trading system a system designed for everybody is fully explained. Using this book, the reader will learn how to manage risk safely, maximizing the likelihood of success.

Ideal guide on how to make money through fast trading Especially valuable for those wishing to trade in their spare time with a limited amount of capital Explains scalping, day trading, and swing trading and introduces Donkey, a trading system for all Includes supplementary material: sn.pub/extras

Autorentext

Renato Di Lorenzo, an electronics engineer, graduated in 1968. Between 1970 and 1974 he was employed by Fiat and Aeritalia, first as a researcher and then as a project manager. From 1974 to 1978 he worked for Mira Lanza as Director of Strategic Planning and then as CEO of a subsidiary. For about a year he was a member of the National Economic Commission of the Italian Republican Party. From 1978 to 1980 he was Director of Central Management Control in Sidalm (Motta-Alemagna) and a lecturer at the Faculty of Economics, University of Bologna. Since 1980 he has devoted himself to management and business administration consultancy, specializing in the finance area of the banks and working intensively as a trainer and coach. He has published articles in the U.S. and a successful series of manuals for the 24 ORE Group. He has also published novels of a financial background with Mondadori and other publishers and has founded and directed a school of creative writing. His work has been translated abroad.

Inhalt
Introduction.- Warnings.- Part 1.- What we are talking about.- Transaction costs.- Market Depth.- Leverage effect.- Trends do exist.- The basic signals.- The triads.- The signals.- Protocol validation.- Two case studies.- Combinations.- Cycle.- The Trading Plan.- Never fight the trend, the trend is your friend.- Double sampling.- Part 2.- Platforms in parallel.- Elementary Smoothing: EMA.- The Hull algorithm.- Systems Validation.- DEMA.- DEMAg.- TEMA and Sam's TEMA (TEMAS).- Sam's Hound.- Part 3.- ATR.- How to download the data.- The stops.- Intraday volatility.- The protocol for the stop loss and the take profit.- Wiggles.- How to close the position.- Avoiding to be wiped out.- Heikin Ashi.- HA average.- The Chaikin volatility.- Noah effect.- Volatility Explosions.- Third-degree interpolation.- The strategy of John Gilbert and Frederick Mosteller (G & M).- Swans.- RSID (RSI detrended).- The Pristine method.- Donkey.- Conclusion.