Opening Range Oriented Strategy: Day Trade Indices with Success (Day Trading Indices Book 1)

The Opening Range Oriented Strategy helps you to become a successful trader. It will bring your trading skills to a level so that you can generate a regular income from trading. The set of rules presented here is supported by classical indicators which classic US trading gurus from the nineties used and some new ones, as volume weighed average price. Also the use of intermarket correlations will be a great help. The rule set delivers clear signals to enter the market. The exit signals are discussed in this book, too, as is the market timing. The choice of the broker, the security, specially the soft stop we deliver in a free tool, will prevent you from destroying your account. We discuss some trading psychology, too. Especially the features of fear and greed. As fear does not allow you to load enough contracts to your trade and greed might destroy your winnings becoming too self-conscious in trading after some good trades. You just get a complete trading system delivered with free indicators and a tool for Metatrader 5. You can download these free of charge from mql5.com. Of course the strategy is independent of the platform and can be used with other trading tools. The instructions of this book are worth some thousands of dollars as it will prevent you from doing many errors beginners usually do. In trading every error has its price in dollars. It is practically not possible to flatten your account if you follow the presented money management rules. Do not misunderstand: This book is not a get-rich-quick guide. This book will not prevent losing trades. Trading is a skill that needs discipline and time. Read more