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High Probability Trading

Take the Steps to Become a Successful Trader

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High Probability Trading

By: Marcel Link
Narrated by: Ric Chetter
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About this listen

A common denominator among most new traders is that, within six months of launching their new pursuit, they are out of money and out of trading. High-Probability Trading softens the impact of this "trader's tuition," detailing a comprehensive program for weathering those perilous first months and becoming a profitable trader.

This no-nonsense book takes a uniquely blunt look at the realities of trading. Filled with real-life examples and intended for use by both short- and long-term traders, it explores each aspect of successful trading.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2003 Marcel Link (P)2021 Upfront Books Analysis & Strategy Investing & Trading Personal Finance Investing Technical Analysis Stock
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Comprehensive coverage of key principles in a practical way and goes deeper than many broad coverage books on a few key topics like systematic trading. Appreciated framing at intermediate traders.

Comprehensive coverage

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nothing in the ardo that was not based on facked I think the author did a good job

great truths in the book

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Major focus on time frame of charts, when there is NO time in the market, there is an on switch at open and an off switch at session close, time between has no significance at all, the Exchange does not send out 5 minute bars, trading platforms create and have these 5, 10, 15min etc time frames purely to be able to offer options for people to trade intraday, but the banks and institutions are NOT looking at 5 minute bars or ANY time frame, they are looking at Price levels and Volume. Traders are better off reading charts that do not rely on time, but rather guaranteed price levels.

Minute bars are NOISE bars, pure and simple, filtered data based on imagination that the market works off time. Pity, this book was a complete waste of time.

Why most will lose reading this

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