“Robert Miner’s new book should be on the “must have” list for every trader.” Larry Pesavento, tradingtutor.com
In High Probability Trading Strategies, I stress how important it is to have a written trading plan and describe the elements that should be included in any trading plan. A trading plan may include objective “rules” and/or guidelines that must be met before a trade is considered. My suggestion is the first filter to consider a market for a trade should be completely objective.
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The theme of High Probability Trade Strategies is to learn to identify conditions with a high probability outcome with acceptable capital exposure. It should be the theme of any trading plan whether or not you use the specific strategies taught in my book.
To win in the business of trading just like in any other business, you must have an edge. That edge is specific trade strategies to recognize when a market is in a position to complete a correction or a trend so you can enter a trade in the very early stages of the new trend and sell in the very late stages.
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