Old and experienced traders used to say: You have to buy when blood flows in the streets. That means that you should act against the trend. Actually, this saying is the expression of common sense itself. The question remains: Why do traders find it so hard to put this wisdom into practice?
The new book by Heikin Ashi Trader gives ideas and tips on how to recognize such countertrend signals in the stock market, since these are usually the best trading opportunities.
Table of Contents
Part 1: The Snapback Trading Strategy
Chapter 1: Trade when the mass is afraid
Chapter 2: Why I do not follow the trend
Chapter 3: Mean Reversion
Chapter 4: Risk Management
Chapter 5: How do I recognize extreme movements?
Chapter 6: Patience at the entry
Chapter 7: Does the stop really protect me from heavy losses?
Chapter 8: Trade Management
Chapter 9: Exit
Chapter 10: When do the best trading opportunities occur?
Chapter 11: Why you should study the economic calendar
Chapter 12: Which markets are suitable for the snapback strategy?
Part 2: Trading Examples
Chapter 1: Examples in the stock indices
Chapter 2: Examples in the currency markets (Forex)
Chapter 3: Examples in the stock markets
Chapter 4: Examples in the commodity markets
Glossary
Heikin Ashi Trader is the pen name of a trader who has more than 18 years of experience in day trading futures and foreign exchange. He specializes in scalping and fast day trading. In addition to this, he has published multiple self-explanatory books on his trading activities. Popular topics are on: scalping, swing trading, money- and risk management.