Stock Patterns for DayTrading I & II – Barry Rudd

Book Overview

The collection of trading patterns described represents one of the first full-fledged books of instruction on short term, swing and day trading in individual stocks. The author’s intraday trend trading approach and his scalping method are both described in detail. He uses the setups daily in his own trading. This manual should prove valuable to the thousands of short term stock traders who seek to make their living from speculating on short term price swings. It is a toolbox for finding high probability trades for success as you trade the stock market. The technical ideas are primarily crafted around the personality of the NASDAQ market but may also be implemented in New York trades.

Book Outline

• Primary Trading Strategies:
  • Wide Range Days, with Extreme Close,
  • Reversal Setups,
  • Consolidation Breakout,
  • More 5 Minute Bar Patterns,
  • Profit Targets,
  • Fading,
  • Filtering,
  • Congestion, and
  • Daily Bars of Indecision.
• Supporting Tools and Tactics:
  • Market Index Behavior,
  • Time of Day and
  • The Ticker & Choosing Your Basket of Stocks.
• Real-World Trade Analysis and Money Management:
  • Trend Trading vs Scalping,
  • Trade Analysis,
  • Risk/Reward Ratio & Scalping, and
  • Money Management.
• The Psychology and Discipline of Day Trading

What Will You Learn?

• Profitable intraday trading
• Stock market ideas and operations are discussed at a very basic level.
• Discover effective day trading tactics.
• Discover a step-by-step method for trading intraday Trend Following (Wealth Generation)
• Learn the art of avoiding risk while boosting profit.

Who Is This Book For?

• Stock trading
• Technical analysis
• Candlestick patterns
• Intraday
• Share market
• Beginner in stock market
• Beginner in technical analysis