Mastering Trade Selection and Management: Advanced Strategies for Long-Term Profitability
Mastering Trade Selection and Managementshows you how to mentally prepare yourself for trading on a daily basis, orient yourself to trade with the trend, and tap into your market intuition. Using Jay Norris’s simple system and easy-to-read charts and graphs, you will stay on point during the process of trade selection and timing—which is the key to properly managing a trade from entry to exit.This authoritative guide shows you how to successfully trade through back-testing and demo trading before risking real money in the market. Apply Norris’s proven five-step trading method to:Identify the right market to tradeDetermine which way the market is movingSet an entry and exit price based on quantifiable factorsMonitor and manage the trade until you exitMastering Trade Selection and Managementequips you with effective tools and methods for accurately appraising critical factors affecting a market. Even those out-of-the-blue situations that occur during the trading day can easily be managed with the methods described in this comprehensive guide.Traders who think they can predict the markets are doomed to fail. Instead, letMastering Trade Selection and Managementshow you how to measure a market’s direction and momentum for maximum profit.