Description:
Today's market participants have a myriad of tools at their disposal. Yet the success rate is that of old - 80% to 90% of traders fail to achieve their financial goals. This book shows traders how to get their investment act together. It covers in detail the three requirements needed for success: Winning psychology, effective money management and a written trading plan with an edge.
* The Nature of Trends also provides unique tools (for example the MIDAS tool) that provide low risk trade entry by telling the trader the level at which an entry may be safely effected
* Finally, the book provides the 'Rule of 3' to manage a trade. These rules allow the trader to take profits and hold on for long-term profits without increasing risk

Table of Contents:
Acknowledgements
Introduction
Chapter 1: Definition and Identification of Trends Chapter
2: Change in Trend Patterns Chapter
3: Acceptance, and the Function and Impact of Time Frames  Chapter
4: Derivative Indicators Chapter
5: Entry and Trade Management Chapter
6: Effective Money Management and Winning Psychology Chapter
7: Barros Swings in Action Appendix: Formulas for Constructing Barros Swings
Resource
Index