Book description
Comprehensive coverage of the four major trading styles
Evolution of a Trader explores the four trading styles that people
use when learning to trade or invest in the stock market. Often,
beginners enter the stock market by:
- Buying and holding onto a stock (value investing). That works
well until the trend ends or a bear market begins. Then they try
- Position trading. This is the same as buy-and-hold, except the
technique sells positions before a significant trend change
occurs.
- Swing trading follows when traders increase their frequency of
trading, trying to catch the short-term up and down swings.
Finally, people try
- Day trading by completing their trades in a single day.
This series provides comprehensive coverage of the four trading
styles by offering numerous tips, sharing discoveries, and discussing
specific trading setups to help you become a successful trader or
investor as you journey through each style.
Trading Basics takes an in-depth look at money management,
stops, support and resistance, and offers dozens of tips every trader
should know.
Fundamental Analysis and Position Trading discusses when to
sell a buy-and-hold position, uncovers which fundamentals work best,
and uses them to find stocks that become 10-baggers-stocks that climb
by 10 times their original value.
Swing and Day Trading reveals methods to time the market
swings, including specific trading setups, but it covers the basics as
well, such as setting up a home trading office and how much money you
can make day trading.
THOMAS N. BULKOWSKI is a successful investor with thirty years
of experience in the stock market. He is also the author of the Wiley
titles, Encyclopedia of Candlestick Charts, Encyclopedia of Chart
Patterns, Getting Started in Chart Patterns, Trading Classic Chart
Patterns, and Visual Guide to Chart Patterns. Bulkowski is
also a contributor to Active Trader, Technical Analysis of Stocks
& Commodities, and other publications worldwide. Before
earning enough from his investments to retire from his day job at age
36, Bulkowski was a hardware design engineer with Raytheon and a
senior software engineer for Tandy Corporation.