J.D.Hamon - Eight New Commodity Technical Trading Methods

Description

In Eight New Commodity Technical Trading Methods, J.D. Hamon presents 8 new technical methods, adaptable to your style of trading. Trade with a system that suits your style become a more confident and successful trader.

Introduction:

There is much difference of opinion about what comprises a good trading plan. Some people want to use their own judgment in their trading method, and others want to be told exactly what to do. The mathematically inclined want formulas and equations, but price pattern traders do not trust formulas.

Fundamentalists think they have the answer, but technicians seldom pay any attention to fundamentals. Some try to take a middle position: mixing formulas, fundamentals, and technical aspects.

Thousands of brokers and trading advisors are advertising that they have the answer. With so many claiming to have the right answer, why do so many traders lose? Call almost any broker or advisor and hear how great they are doing and why you ought to deal with them.

It is said the way to make money in the market is to find someone bragging about his market analysis, then do the opposite. The Bullish Consensus trades opposite the advice of most advisors.