A powerful, profitable, and elegantly simple system for traders Markets can be extraordinarily complex, and unfortunately most trading systems are too. The Big Trade presents a new system that helps filter out the noise. It leaves behind only meaningful signals you need to listen to in order to make profitable trades. Employing simple math and charts, it codifies the past behavior of traders in your favourite stock to assist you to recognize high probability trading patterns. Peter Pham's system breaks with traditional analytical tools and rejects the theory of predictability. Instead, it lets traders understand both how markets are structured and how they behave. The result is a simple action plan that is as effective and applicable for day traders as it is for generational investors. Blending his personal story and analytical techniques, The Big Trade guides traders of all experience level to find the probability that a stock price will rise or fall in a particular time period. The Big Trade : Gives traders a powerful, yet simple trading methodology Was written by a trader with twelve years of both buy and sell side experience in global equities trading Is appropriate for most styles of trading, including institutional investing and day trading For traders who want a universal approach that works for any market at any time, The Big Trade offers a new and effective methodology for successful trading without gimmicks or magic formulas.
Acknowledgments Introduction Chapter 1: Breaking with Tradition Then I Got High Training Sequence Technical Difficulties Reading Is Fundamental Inductively Coupled Failure The Big Trade We're Getting the Band Back Together Summary Chapter 2: The Conditions of Change Livin' on the Edge Closing Time The Outsiders Living Day to Day Sold to the Highest Bidder Breaking It Down Finites Move in Infinite Markets Summary Chapter 3: Wax On, Wax Off What Goes Around Comes Around It's Always Noon Somewhere Opening Range Jitters Objects in Motion Summary Chapter 4: As the Market Turns... Subconscious Implications Elephant Walk Breakouts vs. Reversals Losing Your Inhibitions Reversal of Fortune Traders Do it With Frequency Rules of Engagement Turn Around and Make Money Heading for the Exits Becoming a Reactionary Summary Chapter 5: The Range is Your Friend Sideways Waves of Sentimentality Where Are They Now? The Edge of Value The Great One Summary Chapter 6: Closing Arguments Crossing the Great Stream Pressing the Issues The Point of the Journey is not to Arrive Summary Appendix A Terms and Definitions Appendix B Trading Examples Appendix C Spreadsheet Examples Appendix D Supporting Data for Nvidia Example in Chapter 4 About the Author Index