High-Probability Trading [Hardcover]

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 Tradingsoftens 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.

Marcel Linkhas been trading professionally since 1991. He is the founder of linkfutures.com and is a TradeStation consultant. Linkfutures.com serves the trading community with daily commentary on the markets, along with insights into technical analysis, training, marketing, and other information that can be vital to traders. Link can be reached for questions or comments at marcel@linkfutures.com.

The Goal Is to Teach All Traders to Think with the Mindset of a Successful Trader...

While successful trading requires tremendous skill and knowledge, it begins and ends with mindset. What do exceptional traders think when they purchase a quality stock and the price immediately plummets? How do they keep one bad trade from destroying their confidence--and bankroll? What do they know that the rest of us don't?

Some trades are not worth the risk and should never be done.

High Probability Tradingshows you how to trade only when the odds are in your favor. From descriptions of the software and equipment an exceptional trader needs to high probability signals that either a top or bottom has been reached, it is today's most complete guidebook to thinking like an exceptional trader--every day, on every trade.

It's not how good you are at one individual thing, but it's the culmination of every aspect of trading that makes one successful.

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