This is a good book which makes you rethink about your current trading system if you are still using RSI, moving averages or market profile. Enables traders and analysts to uncover hidden determinism in seemingly random market events and make accurate investment decisions with high probabilities for profit. Supplies practical, real-world tools for applying chaos to global commodity, futures and options markets. Its unique organizational format introduces readers to the financial applications of chaos in five graduated stages, beginning with a clear nontechnical introduction all the way to chart analysis, fractals, Elliott Wave and advanced nonlinear dynamics.
Chaos theory now stands at the cutting edge of financial decision-making methods. The product of years of scientific investigation into unpredictable phenomena, it has the potential to offer traders entirely new perspectives on the movements of markets—and less risky routes to greater, more consistent profitability. Unlike other books on the subject, Trading Chaos takes chaos analysis out of the realm of the abstract and makes complex concepts easy to understand and use. It offers you the most practical, comprehensive guide available to applying chaos theory to the real world of trading and investing.
Designed for all traders—from beginner to experienced professional—Trading Chaos introduces you to the financial applications of chaos in five graduated stages, starting with a clear, nontechnical introduction (Level One: The Novice Trader) all the way to chart analysis, fractals, Elliott wave, and advanced nonlinear dynamics (Level Five: The Expert Trader).
Trading Chaos probes depths of human and economic behavior that other books do not even mention, including:
* A detailed examination of the underlying structure of the market
* How individual belief systems affect the way we trade
* How to determine "what the market wants"
* Most importantly—"how to want what the market wants"
This book is useful to the novice and expert trader, an innovative and effective way to trade markets.
Easy to understand, unique, clear and practical.
A wealth of supplementary materials—Charts, trading models, trade plans, analysis spreadsheets, and trading diaries illustrate and reinforce key concepts.
Download
