Subscribe to Read
Sign up today to enjoy a complimentary trial and begin exploring the world of books! You have the freedom to cancel at your convenience.
An End to the Bull: Cut Through the Noise to Develop a Sustainable Trading Career
| Title | An End to the Bull: Cut Through the Noise to Develop a Sustainable Trading Career |
| Writer | |
| Date | 2024-10-07 15:32:19 |
| Type | |
| Link | Listen Read |
Desciption
Go beyond technical analysis tools with this comprehensive look at trading analysisStrategies for successful trading analysis for all markets are out there, but they're not often found in books for the general public. An End to the Bull: Cut Through the noise to Develop A Sustainable Trading Career is a robust, honest resource that presents an alternative approach to the markets, combining traditional technical tools with fundamental analysis, behavioral finance, and other key concepts to enrich readers' trading knowledge. The author's comprehensive, educated look at the topic fills a huge need in the trading community, and is ideal both for novices and experienced traders.In An End to the Bull, Norden suggests that total reliance on traditional technical analysis can lead to failure, and has ended in disappointment for many. The book offers up a unique approach for anyone looking to establish a sustainable trading career based on a combination of the most tried-and-true methods. While it focuses especially on trading in Australia, the book is a useful resource for international traders at all levels.Explains why change is needed in trading analysis and presents a revolutionary approach used by successful professional tradersShares the core techniques and strategies to build knowledge and establish a business-minded attitudeDiscusses more advanced ideas crucial for all traders, including understanding volatility and the typical flaws of behavioral financeGives solid advice for traders anywhere in the worldAn End to the Bull takes the mystery out of trading analysis and puts the power to navigating markets into the hands of readers. Read more
Review
A friend at my trading group mentioned Gary's books and indicated that he thought the advice in the book made a lot of sense. My trading group is mostly made up of people trying to trade off charts and always on the lookout for short cuts and ways to automate things (not willing to do some hard work and think as Gary points out). My trading style to date has been a mixture of fundamental analysis with a scan of the charts. Although I have had some reasonable success I clearly do not yet have a robust procedure to follow in terms of thinking about the markets and how to position myself to trade off these views. The info that I picked up in this book has exposed many of the shortcomings of my approach but luckily also provided a roadmap to get me back on track.Readers who are expecting a simple system that they can copy will be sorely disappointed in this book. Those that are willing to do a bit of work and research however will find some invaluable advice. A few key takeaways from the book for me were:a) Focus - Although this is quite logic the average punter is always scanning hundreds of products and trading any of these. Gary recommends half a dozen as a more realistic number of products to trade.2) Watch lists - set up appropriate watch lists and monitor them daily to get a feel for the markets and how your chosen instruments react to news and events.3) Bonds and implied volatility - this was a light bulb section for me. I often trade around results releases (stocks) and have clearly been missing a major tool that can only help in developing my thinking (level of risk, whether to go long or short etc).4) The fact that very few professionals trade off charts.I am busy implementing many of the ideas in the book and feel confident that my trading (and investing) can only benefit from following a more logical process. I have also e-mailed Gary with some follow up questions and received very quick and detailed feedback. Can highly recommend this book for anyone wanting to expand their trading knowledge and tools (and wanting to escape the general random nature of trading via technical analysis).
