The Big Trade Simple Strategies for Maximum Market Returns

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 xi Preface xiii Chapter 1 Breaking with Tradition 1 Then I Got High 1 Training Sequence 5 Technical Difficulties 8 Reading Is Fundamental 17 Inductively Coupled Failure 19 The Big Trade 22 We’re Getting the Band Back Together 23 Summary 26 Chapter 2 The Conditions of Change 27 Livin’ on the Edge 27 Closing Time 31 The Outsiders 36 Living Day to Day 38 Sold to the Highest Bidder 42 Breaking It Down 49 Finites Move in Infinite Markets 55 Summary 61 Chapter 3 Wax On, Wax Off 63 What Goes Around Comes Around 63 It’s Always Noon Somewhere 71 Opening Range Jitters 77 Objects in Motion 84 Summary 89 Chapter 4 As the Market Turns . . . 91 Subconscious Implications 91 Elephant Walk 95 Breakouts versus Reversals 98 Losing Your Inhibitions 100 Reversal of Fortune 103 Traders Do It with Frequency 111 Rules of Engagement 112 Turn Around and Make Money 116 Heading for the Exits 119 Becoming a Reactionary 125 Summary 126 Chapter 5 The Range Is Your Friend 129 Sideways 129 Waves of Sentimentality 132 Where Are They Now? 135 The Edge of Value 137 The Great One 141 Summary 143 Chapter 6 Closing Arguments 145 Crossing the Great Stream 145 Pressing the Issues 150 The Point of the Journey Is Not to Arrive 153 Summary 156 Appendix A Terms and Definitions 159 Appendix B Trading Examples 163 Appendix C Spreadsheet Examples 181 Appendix D Supporting Data for Nvidia Example in Chapter 4 183 About the Author 187 Index 189