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High Impact Day Trading: Powerful Techniques for Exploiting ShortTerm Market Trends,Used
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HighImpact Day Trading is a wellresearched, understandable method to mastering the art of day trading. This increasingly popular method is quickly becoming the most dynamic route to landing and securing profits in today's fastmoving markets. From his initial discussion of the strengths and weaknesses of many of today's methods, noted trader and researcher Robert M. Barnes' proceeds to discuss the Mountain/Valley Trend theory, and how its ability to handle price movements within the day makes it the oddson favorite to securing trading profits by day's end. Barnes' Mountain/Valley Trend Theory allows a trader to sift out meaningless "hills," identifying and concentrating on more meaningful and profitable mountains.In Barnes' documented examples, day trading on the highvolatility British pound tested with March 1995 price data, yielded a highpercentage success rate and average profits of $253 per trade. Active, speculative trading on coffee in June 1995 yielded beforecost profits of more than $6,000. And an even more sedate trading style on coffee trading produced a $378 profit per trade! These outstanding results are replicated and documented across numerous commodities, including a variety of currencies, grains, meats, metals, stock indices, foods, fibers, energies, and interest rate contracts.Barnes instinctively understands how day trading is the superior method for reaping profits in today's market, and explains his theories and practices in clear language and examples that break the code of the trading floor.
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