Tony Pow

How to Develop a Profitable Trade System Tony Pow

You need a trading system (same as strategy) to make money for trading for a few stocks or hundreds of stocks a year. It will give you rules to enter a trade and to close a trade. In addition, it gives you suggestions to monitor your trades and how to protect your portfolio. The trading system can be tailored to your requirements and objectives. I categorize the strategies of this book into the following three: -Short-term trades (less than a month). It includes Technical Analysis, Momentum Investing, Insider Trading and a few other strategies.-Swing trades (from one to 6 months and typically one month): Sector Rotation.-Long-term trades (typically a year). Many strategies from conservative strategies to riskier strategies. Included are supporting books: Book 5: Common Tools, Book 6: Finding Stocks, Book 7: Evaluating stocks, Book 8: Trading Stocks, Book 9: Market Timing and Book 10: Monitoring and Test Strategies. Size: 460 pages (6*9). Initial date: 09/2020. Last update: 01/2021.