Ready for a cutting-edge, thorough trading book about what’s working NOW in the markets?

One of my mentors told me that I needed to write a book and that he’d keep bugging me until I did.

I resisted because I knew how much work it would be.

He kept his promise. He bugged me and bugged me … and kept bugging me!

Well, I’m excited to announce that I finally wrote that book and it’s officially published and in the bookstores as of a few weeks ago.

It’s called “Trend Trading For Dummies,” and is part of the famous Dummies series of books that’s so famous for creating books that make subjects easy to understand.

I have to admit I’m very proud of this work. I poured my over 40 years of trading education into this work, so it’s very comprehensive, practical and real-world.

On the other hand, being just published, it’s also very current about how to trade the markets in today’s high-tech trading environment that is dominated by computerized trading programs and High Frequency Trading.

It’s about what works NOW.

Get a copy now at:

  • Your local bookstore.
  • Your favorite online book seller.
  • Direct from www.Dummies.com

Trend Trading For Dummies

It’s an amazing work if I must say so myself ;-) , and I’m sure you’ll find it very fresh, insightful, honest and practical to improve your trading and take it to the next level.

 

Top Dog Trading
1534 N. Moorpark Rd Thousand OaksCA91360 USA 
 • 866-878-9209

Okay day traders, today I’m starting a new series of 10 articles covering the top 10 mistakes I find people making when day trading and losing money. Many of the mistakes of stock market, futures and forex day trading have to do with trading psychology.

These are in no particular order, so we’ll start with …

CHASING THE FOREX, FUTURES OR STOCK MARKET.

Some traders are under the assumption that their trading strategy (whatever it is) should be able to get them into every major move of the market. That’s a false assumption that will lead to disastrous trading results such as:

  • Reverse engineering every big move in the market to see what indicators, etc.,  would have helped them catch that particular move.
  • Change trading methods continuously.
  • Causing a trader to think there’s something wrong with them.
  • Jumping into a trade that has “left the station” without you just because the market is making a big move (but not entering based on your proven trading rules).
  • Assuming that there is some magical trading strategy that will help you catch every move the market makes.

Successful trading is all about having a methodology that provides a high probability scenario when the rules of the method are met.

Not all big market moves are preceded by a high probability situation or setup. In such cases it’s important to manage your thoughts and emotions and allow the market to make it’s moves, even the big ones, without you.

Successful trading is done by “making the market come to you.”

That means sticking to a proven, time-tested trading methodology that when certain rules are met, the probability of a profitable trade is on your side.

You wait until those rules are met. When they are met, you take a trade. When they aren’t met, you stay on the sidelines and simply watch as the market makes its gyrations up, down and sideways … maintaining an emotionally detached attitude.

Never chase the market … make the market come to you.

 
 
 

Happy Holidays!

In the spirit of the holidays, I’m sharing with you a day trading technique used to help determine the overall picture of the stock market. It especially lends itself well to

The practical application of the technique is to help us decide how long we want to stay in a day trade – whether we expect short moves (and should take profits quickly), or we should expect long moves (and let our profits run).

This is just one technique I use in deciding the overall picture of the stock market for the day. For more techniques on determining the overall picture of the market for the day, see these Special Reports:

http://www.topdogtrading.com/Products_Special_Reports.html

 

 

Stock Market for investing in the year 2013.

In this video we ask what type of market we expect for the coming year in the stock market.

Will it be a bullish year?

Will it be a bearish year?

Will it be a frustrating neutral year that goes no where?

We look at charts, a poll of traders and a trusted cycle for clues.

For the poll referenced in the video, go to: www.facebook.com/TopDogTrading

I invite you to watch the video and post your own comments below.