How the strategies and tactics of fly fishing can translate toimproved trading performance
Much like trading, successful fly fishing requires both anunderstanding of "big picture" conditions and the ability toimplement tactical techniques to actually catch the fish. In FlyFishing the Stock Market, Dr. Stephen Morris compares hismethod for trading stocks with his favorite past time, flyfishing--providing fresh insights into his successful tradingapproach. Engaging and accessible, this book skillfully describeshow Morris applied this approach to generate an astounding 268%growth in his account in the volatile and confusing, post-financialcrisis markets.
Morris explains how he uses technical indicators to determinewhat he calls the "market season" and how he then zeros in onindividual stock patterns to make his trades. He also revealsunique tools, such as the Market Timing Monitor and WeatherStation, which give him a sense of the market's long-term conditionand provides the basis for his trading and risk managementstrategies.
* Filled with the authenticity of a real trader figuring out howto uncover profitable trading opportunities
* A companion Website contains supplementary material that allowsyou to learn in a hands-on fashion long after closing the book
* Provides a compelling portrait of how a successful traderthinks about markets, develops a method, and then implements themethod in real time
* The author's spectacular returns are backed by publiclydocumented records
Just like fly fishing, traders must adjust their approachconstantly because market conditions constantly change. This bookwill help you achieve this elusive goal, and capture consistentprofits in the process.
Stephen Morris
Börsenhandel Finance & Investments Finanz- u. Anlagewesen Trading