Rule the Freakin' Markets How to Profit in Any Market, Bull or Bear

by Parness, Michael; Peterson, Kirstin

• ISBN13: 9780312303075
• ISBN10: 0312303076
• Edition: Reprint
• Format: Paperback
• Copyright: 2004-09-09
• Publisher: St. Martin's Griffin

Summary

In 1988, Michael Parness followed a stockbroker's advice and lost nearly all of his nest egg of $150,000. In 1999, he opened an online brokerage account and set out to get his money back. In fifteen months, he turned $33,000 into $7 million, started the online trading Web site TrendFund.com, and developed a trading strategy that delivers profits in both bull and bear markets. In Rule the Freakin' Markets, Parness uses visual aids and practice exercises to show online traders and investors how to: - Practice responsible trading techniques that maximize reward and limit risk - Avoid the "Seven Deadly Sins Plus Fear" that block success in the market - Protect investments no matter what the market does - Understand how market technology drives daily and cyclical market moves - Avoid the pitfalls of trading in cyberspace - Recover and learn from significant losses - Strategize and anticipate, rather than overreact or freeze, when change occurs - And finally, live full and satisfying lives as traders With its lively tone and refreshing approach to trading and investing, Rule the Freakin' Markets is an essential guide to profiting from today's turbulent market.

Author Biography

Michael Parness is the owner of www.TrendFund.com. He has been featured in The Wall Street Journal, Forbes, Money magazine, and The New York Post, Bloomberg Radio, and makes weekly appearances on CNNfn's The New Show. He lives in New York City.

Table of Contents

Acknowledgments	p. vii
Preparing to Win	p. 1
Introduction: It's Time to Rule the Freakin' Markets!	p. 3
The Knucklehead Within: Identifying Your Type	p. 15
Getting Real: Defining Your Trading Capacity	p. 25
I Just Gotta Be Me: Finding Your Own Trading Style	p. 44
The Mind Game	p. 69
Meeting the Enemy: Learning to Think Like "Them"	p. 71
The Seven Deadly Sins, Plus Fear: Knowing Your Psychological Achilles' Heel	p. 99
Playing to Win	p. 115
Making Friends with the Trends: The Right Way to Pick Stocks	p. 117
Hot Tips from Hell: Five Bad Ways to Pick Stocks	p. 140
Planning the Trade and Trading the Plan: How to Enter, Maintain, and Exit the Play	p. 153
Hard Hat Zone: Setting Stops on Every Trade	p. 164
Short and Sweet: Flexibility in Volatile Markets	p. 189
Making It for Keeps: Six Keys to Sound Money Management	p. 217
Keeping Your Edge: The Rules of the Game	p. 227
The Pursuit of Wowsa!: Trading to Follow Your Dreams	p. 230
Glossary	p. 241
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