The author’s goal is to highlight, through personal experiences, all that is needed to operate and become efficient in applying the techniques and strategies of trading, emphasizing the fact of how important the personal interpretation is of what the trader sees in a chart.
If you are looking for a concrete and practical approach and a thorough understanding of how important the thinking structure is in the results of trading, this is the book for you!
To what extent can data and assessments of a technical nature in the markets be valid? In addition to the normal resistances and supports that must be considered, there are several factors that are extremely important but few people take into account.
How come the strategies that are in circulation often have conflicting outcomes and results? How do big investors work? What are the real dynamics that move prices in various markets?
Technical analysis is not an exact science, although many people try to find the magic formula that identifies the right trend. In the analysis of financial markets, different theories lead to different results, and there is almost never the certainty that what is said or thought is absolutely correct.
Too often, the public’s attention is attracted by the successes of technical analysis rather than by its failures. In reality, the market, even today, is a playground where large operators have greater chances of success than those of small traders. And this is also thanks to the use of techniques and information that are not known to everyone – indeed they are known by few people.
My personal experience, built on the field with thousands of orders, has led me to ask myself many questions about the real forces at stake unknown to most people, who believe that price fluctuations are the result of normal exchanges. How many “technical” forecasts turn out to be correct? How many goals have actually been achieved? How has intuition and experience influenced the right choices? It turns out a lot.
If you are looking for an initial approach to trading, analyze the method and strategy and apply it first with simulated examples, using “virtual” money and judge the results before putting your real money at the mercy of the markets.
Who is the author: Graziano Borleri is a professional trader who, for years, has made public its operations as a top trader of reference at a German broker. He has been chosen by hundreds of investors as a reference trader for the results he was able to create and for the low drawdown.