This groundbreaking book reveals a revolutionary new theory that uncovers profitable trading opportunities based on the fact that markets are made up of people, not prices. Here, author and financial expert Jason Alan Jankovsky contends that if we "only study the prices, and not the people who made the prices, we likely won't understand what the prices really represent moving forward."
In Time Compression Trading, Jankovsky skillfully explains the concept of zero sum markets-you cannot buy unless another trader sells to you. You cannot sell unless another trader buys from you. The market processes entry orders over time and matches them with competing orders from the other side over time. In these markets, the winners get paid by the losers and the order flow is created by individuals addressing the question, "Is the market too high or too low?"-and not anything else.
But what causes traders to act and place orders at a particular time? Price analysis cannot predict the human behavior that creates the order flow. In virtually all traded markets, there are traders working from short-term, medium-term, and long-term perspectives. Each class of trader has different keys for entering and exiting the market. By identifying those keys and understanding where these traders intersect, a trader can spot profitable trading opportunities.
As practical as it is insightful, this book shows how to identify the probable entry and exit points of short-term, medium-term, and long-term traders. Jankovsky also explains why traders should pay particular attention to the weakest and strongest hands in a market in order to trade in concert with the stronger market players.
For any trader who wants to learn how to trade more effectively by understanding market structure and what other traders are doing, Time Compression Trading is a must-read.
Uncover profitable trading opportunities by exploiting the multiple time frames traded by different market participants
In virtually all traded markets there are traders working on short-term, medium-term, and long-term perspectives. Each class of trader has different keys for entering and exiting the market. By identifying those keys and understanding where these traders intersect, a trader can spot profitable trading opportunities.
In Time Compression in Trading, author Jason Jankovsky explains the structure of the market through the prism of the time frames of different trader groups. In practical terms, he shows how to identify the probable entry and exit points of short term, medium term, and long term traders. He also explains why traders should pay particular attention to the weakest and strongest hands in a market in order to trade in concert with the stronger market players.
* Breaks new ground in its analysis of market structure and at the same time, provides practical, actionable ideas for better trading
* Reveals how to profit from the actions of market participants operating in different time frames
* Discusses why traders should pay close attention to the time frames of other traders when analyzing markets
If you want to learn how to trade more effectively by understanding market structure and what other traders are doing, Time Compression in Trading is a must read.
Jason Alan Jankovsky
Börsenhandel Finance & Investments Finanz- u. Anlagewesen Trading