Long-Term Secrets to Short-Term Trading [Hardcover]

From Larry Williams—one of the most popular and respected technical analysts of the past four decades—Long-Term Secrets to Short-Term Trading, Second Edition provides the blueprint necessary for sound and profitable short-term trading in a post-market meltdown economy. In this updated edition of the evergreen trading book, Williams shares his years of experience as a highly successful short-term trader, while highlighting the advantages and disadvantages of what can be a very fruitful yet potentially dangerous endeavor.

• Offers market wisdom on a wide range of topics, including chaos, speculation, volatility breakouts, and profit patterns
• Explains fundamentals such as how the market moves, the three most dominant cycles, when to exit a trade, and how to hold on to winners
• Includes in-depth analysis of the most effective short-term trading strategies, as well as the author's winning technical indicators

Short-term trading offers tremendous upside. At the same time, the practice is also extremely risky. Minimize your risk and maximize your opportunities for success with Larry Williams's Long-Term Secrets to Short-Term Trading, Second Edition.

INTRODUCTION You Are Already a Commodity Trader 1

My Most Important Market Belief 4

The Beginning of My Career as a Speculator 5

The Ride of a Lifetime 8

CHAPTER 1 Making Order Out of Short-Term Chaos 9

How I Learned about the Market 9

Charting the Market 11

The Nonrandom Market 13

Understanding Market Structure 15