Long-Term Secrets to Short-Term Trading

Front Cover
John Wiley & Sons, Nov 1, 2011 - Business & Economics - 320 pages

Hugely popular market guru updates his popular trading strategy for a post-crisis world

From Larry Williams—one of the most popular and respected technical analysts of the past four decades—Long-Term Secrets to Short-Term Trading, Second Edition provides the blueprint necessary for sound and profitable short-term trading in a post-market meltdown economy. In this updated edition of the evergreen trading book, Williams shares his years of experience as a highly successful short-term trader, while highlighting the advantages and disadvantages of what can be a very fruitful yet potentially dangerous endeavor.

  • Offers market wisdom on a wide range of topics, including chaos, speculation, volatility breakouts, and profit patterns
  • Explains fundamentals such as how the market moves, the three most dominant cycles, when to exit a trade, and how to hold on to winners
  • Includes in-depth analysis of the most effective short-term trading strategies, as well as the author's winning technical indicators

Short-term trading offers tremendous upside. At the same time, the practice is also extremely risky. Minimize your risk and maximize your opportunities for success with Larry Williams's Long-Term Secrets to Short-Term Trading, Second Edition.

 

Selected pages

Contents

Making Order Out of ShortTerm Chaos
9
Its a Question of Price and Time
33
The Real Secret to ShortTerm Trading
59
Volatility BreakoutsThe Momentum
71
A Look at Volatility in the SP 500
80
Separating Buyers from Sellers to Find Volatility Using
95
Getting Closer to the Truth
107
Gold TDOM Study
117
Special ShortTerm Situations
181
Recap
193
When to Get Out of Your Trades
195
Money ManagementThe Keys
217
2011 Money Management
228
CONTENTS
235
Enough on Greed Now Lets Deal with Fear
241
A Review of Losing Trades Showed That
247

Patterns to Profit
125
The Questions to
131
Specialists Trap
137
Oops This Is Not a Mistake
145
SP Oops Trading
151
Contents vii
163
How to Measure the Public versus the Pros
253
Its Just Over My Head
259
Secrets of System Developing and Trading
265
Contents ix
273
Hard Facts about a Very Hard Game to Win
287
Index
297

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Common terms and phrases

15-Minute Bars Average losing trade average profit Average True Range Average winning trade Avg trade win avg win/avg loss bars in losers bars in winners bear market Bonds British Pound chart chartist close commodity consecutive losers Avg contracts held Return Daily Bars day trading exit Financial Data Services Genesis Financial Data Largest losing trade Largest winning trade Larry Williams LONG-TERM SECRETS look losing trade Average losing trade Avg Max closed-out drawdown Max consecutive losers Max consecutive winners money management moving average Navigator Genesis Financial Number losing trades Number winning trades opening pattern Percent profitable Number Pork Bellies profit Gross profit profit per trade profitable Number losing pullback Ratio avg win/avg SECRETS TO SHORT-TERM short-term high SHORT-TERM TRADING smash day Soybeans speculation stop-loss Total net profit trade Average winning trade Avg trade trade Ratio avg trading day trend change Willspread win & loss winning trade Average winning trade Ratio

About the author (2011)

LARRY R. WILLIAMS has been trading for almost fifty years and is one of the most highly regarded short-term traders in the world. Larry has taught thousands to trade, won several trading championships, and since 1970 has been writing bestselling books based on his technical indicator, Williams %R, developed in 1966 and still published daily in major financial newspapers and on finance and investing sites. Between trading, researching, and developing trading tools, he ran twice for the U.S. Senate, was a board member of the National Futures Association, and has received numerous awards, including Futures magazine’s first Doctor of Futures Award, the Omega Research Lifetime Achievement Award, and Traders International 2005 Trader of the Year. The Mayor of San Diego declared October 6th, 2002 “Larry Williams’ Day.” Larry has been featured on CNBC and Fox News, and has been interviewed and quoted in more publications than he can keep track of.

Bibliographic information

TitleLong-Term Secrets to Short-Term Trading
Wiley Trading
AuthorLarry Williams
Edition2
PublisherJohn Wiley & Sons, 2011
ISBN1118184688, 9781118184684
Length320 pages
Subjects ›  › 

Business & Economics / Accounting / General
Business & Economics / Finance / General
Business & Economics / General
  
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