Markets & Momentum

Over 90% of all speculative traders active today lose money. To beat these tough odds, you must confront a daunting obstacle: the preconceived notions that will lead you to ineffective trading strategies. In Markets and Momentum: How Profiling Gives Traders an Advantage , trading pioneer James F. Dalton delivers a startlingly insightful new take on how to interpret market-generated information while remaining calm and objective in the frenzied environment of the contemporary market. You'll learn how to reliably make profitable trades by following a "less is more" strategy--focusing on the right information, not the most information. The author explains how the greatest impediment to trading success is you--your bad habits, illogical shortcuts, and irrational rationalizations--and how you can avoid making unwise decisions based on those factors by understanding yourself and your ways of thinking. This is a handbook for traders beginning their investing journeys with a clean slate, as well as more seasoned investors who are ready to level-up their game and improve their returns. It's designed to help you master the foundational elements of market understanding through the only reliable, objective source of actionable information: the market itself. Markets and Momentum dives deep into key concepts, including fading trend days, fear-of-missing-out (FOMO), doubling down on iffy trades, failing to let profits run, and overloading on news and analysis. The book also shows you how to avoid reacting to an unexamined emotional impulse as you learn to separate good intuition from illogical reactions. Few traders possess the experience, skills, and knowledge they need to improve their odds in a discipline that punishes those who act without thinking. Are you ready to become one of those few?