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Book: Be a Winner Trading Commodities :: Book
Date: Thursday, 08 January, 2009 :: 20:15
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Be a Winner Trading Commodities
List Price: USD $29.95
from USD $9.97
Product Group: book
Manufacturer: Beacon Publishing (FL)
Studio: Beacon Publishing (FL)
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Editorial Review: Product Description
Introducing a Revolutionary Breakthrough in Scale Trading Methodology. The First Improvements to Scale Trading In 24 Years!! Take advantage of powerful supply and demand forces by utilizing the Scale Trading Family of Techniques to Be Winner Trading Commodities. Inside you will learn: How to calculate and construct scales to take advantage of supply/demand related market movements by using the Scale Trading Family methodology of mechanical trading. How to dramatically reduce drawdown and increase profit potential with the "Interval Scale TradingSM" method and the "ParaScale TradingSM" method. How to construct scales using the "Interval Scale TradingSM" method to provide the same profit potential of classical scale trading while reducing the drawdown and capital requirements experienced in a falling market. How to take full advantage of a rising market in order to increase profit potential over classical scale trading while also reducing drawdown through the use of the "ParaScale TradingSM" method.
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Reviews:
Average Customer Review: 
13 of 15 people found the following review helpful:
Summary: Much needed improvements in Scale Trading methodology
Date: 1999-06-29 -
Comment: As a broker supporting scale traders, I am acutely aware of the carnage the markets have wreaked upon scale traders during 1998 and 1999. Fessenden's book comes along at just the right time with sorely needed recommendations for methods that aim for reducing drawdowns and increasing potential profits. The key to success in scale trading, especially when prices are falling, is RESTRAINT, RESTRAINT, RESTRAINT. This book helps scale traders exercise restraint by buying fewer contracts at lower prices and in situations where prices are rebounding. The book has an academic tone, unlike the original book on scale trading. It may not be the best basic introductory text on scale trading, but anyone attempting to scale in an era of declining prices should not be without this book.
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