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Points Not Pennies: What Part-Time Stock Traders Can Do Now to Simplify Their Process, Catch Bigger Moves, and Be Profitable

Points Not Pennies: What Part-Time Stock Traders Can Do Now to Simplify Their Process, Catch Bigger Moves, and Be Profitable

2018 | English | B07DHZJTWB | EPUB | 156 pages | 0.8 MB

In this honest and empowering guide, a long-time stock trader seeks to answer one question: How is it possible for the average part-time swing or position trader to make meaningful profits while still living a well-balanced life?

Everyone knows that most individual traders fail. Disorganized, bored and anxious, they try to manufacture opportunity where there is none, often becoming hyperactive gamblers, and ending up frustrated, bitter, and broke. Beyond losing untold sums of money, even worse are the countless hours gone chasing dreams that aren't panning out, quickly turning into nightmares.

This isn't unique to trading, though. Most people don't put in the necessary work to stand apart from the herd in any field. The good news is you can choose to do better. Less, but better.

Oliver makes the argument that it is possible for independent stock traders to find consistent success, and they can make trading a lucrative part of their lives away from the screens. In Points Not Pennies, Oliver gives struggling traders a manual packed full of simple changes they can make today to stop treading water and to breakout of break-even.

With this valuable book, Oliver offers a wealth of strategies and concepts to help intermediate traders surmount the learning curve once and for all, and to get out of their own way, so they can finally start winning.

Readers will learn
Why it's critical to widen their time frame
How to simplify and automate a system without programming skills
How to best handle the noise of intraday price action and gaps
Why the market open might be the most important time of the day
How to use volatility to size positions and place stops to minimize stress and risk of ruin
Why it's crucial to look at every market as an auction
Simple ways to ride the coattails of large players
How to manage trades and lock in gains without looking at charts
How to cast a wide net to avoid missing any great trading ideas...and so much more

Points Not Pennies is a much-needed departure from the typical hype-laden and empty trading literature. Full of hard-fought lessons from years spent in the trenches of the stock market, Oliver proves that less is more, and you can be a successful trader, even with a full-time day job and a fulfilling personal life. But, are you ready to let the market forces work for you?

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