LB Trading - Hardcover

by Michael W. Covel (Author)

How to get past the crisis and make the market work for you again

The last decade has left people terrified of even the safest investment opportunities. This fear is not helping would-be investors who could be making money if they had a solid plan. The Little Book of Trading teaches the average person rules and philosophies that winners use to beat the market, regardless of the financial climate.

The market has always fluctuated, but savvy traders know how to make money in good times and bad. Drawing on author Michael Covel's own trading experience, as well as insights from legendary traders, the book offers sound, practical advice in an easy to understand, readily digestible way. The Little Book of Trading:

• Identifies tools, concepts, psychologies, and philosophies that keep people protected and making money when the next market bubble or surprise crisis occurs
• Features top traders in each chapter that have beaten the market for decades, providing readers with their moneymaking knowledge
• Shows how traders who beat mutual fund performance make money at different times, not just from stocks alone

Most importantly, The Little Book of Trading explains why mutual funds should not be the investment vehicle of choice for people looking to secure retirement, a radical realization highlighting the changed face of investing today.

Back Jacket

" The Little Book of Trading reveals the secrets of trend following insiders, giving you the freedom to trade all markets: interest rates, copper, currencies, stocks-you name it! Covel encourages you to take that TV blaring CNBC and throw it right out the window. Charts cut the noise."
--Addison Wiggin bestselling author of The Demise of the Dollar ; Executive Publisher, Agora Financial, LLC

Revealing the tricks which lead to success that today's market wizards keep up their sleeves, The Little Book of Trading is the resource you need to get all markets working for you again.

Recent events have left the average individual investor extremely dubious about playing the markets. But just because some unprepared individuals have paid for their mistakes is no reason to stay away from taking advantage of trending opportunities that, with a little careful planning, can yield exceptional results. Market fluctuation is nothing new, but there is a set of rules and philosophies that you can rely on to get the market back on your side, regardless of whether times are good or bad.

Drawing on author Michael Covel's own extensive experience in the trading world, as well as tips and insights gathered from some of the world's most successful traders, the book identifies the tools, concepts, psychologies, and philosophies that will keep your money growing--and safe--even when the next bubble bursts or the next crisis hits. With each chapter featuring easy-to-understand advice from a top trader or trading firm that has won by beating mutual fund performance, this Little Book prepares the cautious, would-be investor to make money like an old hand and presents a revolutionary new argument--that mutual funds, long the investment vehicle of choice for people looking for security in retirement, are no longer to be relied on.

With everything you need to grab all markets by the horns, this book provides a comprehensive overview of active investing strategies and risk-management techniques that you can easily use to your best advantage.

Author Biography

MICHAEL W. COVEL serves as President of Trend Following^(TM) (www.trendfollowing.com), a privately owned research firm. His first book is Trend Following: Learn to Make Millions in Up or Down Markets, and his second is The Complete TurtleTrader. He also founded TurtleTrader.com^(R) in 1996, and since then, it has grown into an internationally recognized archive of trading information and data visited by over 10 million users. His first documentary film--Broke: The New American Dream, about the 2007-2009 crash--was released in 2009 and premiered on The Documentary Channel.