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Product Description
Trading by Numbers: Scoring Strategies for Every Market (Wiley Trading) (9781118115077): Rick Swope, W. Shawn Howell: Books. For years, would-be traders have been trapped between a rock and a hard place when it comes to learning the markets. You can try and find an expert to shadow or open an account and go for broke, hoping you learn enough to stay afloat before your money runs out. At best, you might be able to choose none of the above and have faith that by reading your way through a library of dense tomes on specific trading topics you'll come out the other side with at least a vague understanding of how the markets work. Or you can get this book.Trading by Numbers: Scoring Strategies for Every Market provides the in-depth coverage you're looking for along with the practical edge you need to turn theory into reality. Tackling one of the biggest challenges facing retail tradersknowing which strategies to employ and whenit presents a unique two-dimensional scoring system for determining how bullish or bearish a trade setup looks, created by accomplished market educators Rick Swope and W. Shawn Howell.Providing structure for your analysis, the authors explain how trend and volatility are the two key dimensions of the market that any trader must understand in order to make intelligent trading decisions. The book presents a scoring system comprising both a trend score and a volatility score that makes it easy to remove emotion and personal preferences, which can cloud your judgment, to help you take an honest look at what the market is trying to tell you. Based on the score each trading opportunity yields, the authors provide a toolkit of option strategies tailored to meet the requirements of the specific trade, removing the guesswork and giving you a solid, reliable guide to the markets.Including in-depth coverage of specific strategiesCovered Calls, Straddles and Strangles, Iron Condors, and many othersTrading by Numbers incorporates stories and examples to bring concepts to life by showing them in action. Highly adaptable, the book can be read from cover to cover or on a chapter-by-chapter basis as needed, making it the essential user's manual for market traders.
Shipping Weight: 2 pounds
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