Adaptive Analysis For Australian Stocks

Download or read book Adaptive Analysis for Australian Stocks written by Nick Radge and published by Wrightbooks. This book was released on 2006-01-03 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most share traders try to find a system that is right most of the time. As a result, they spend their time alternating between being a marginal winner and a marginal loser, and searching for more superior systems. Successful trader and author Nick Radge argues that it does not matter which indicator, time frame or software package is superior - they are nothing but tools. What does matter is minimising your losses and maximising your profits. In Adaptive Analysis for Australian Stocks, Radge explains how to use price action to make the most of your winning trades and, importantly, to quickly recognise a losing trade and exit your position. Radge breaks down and provides new insight into common market theory, including Elliott wave theory, micro patterns, risk management and exit strategies. This theory is then applied to the price action of Australian stocks, always with the same focus - making more when you win and losing less when you lose.