[eBook] Trend Trading by Daryl Guppy: Your Guide to Effective Market Strategies
- Language: Enlish
- Total page: 440 pages
If you can’t keep a constant eye on the market, “Trend Trading” is the perfect read for you. This book delves into one of the most straightforward yet most potent strategies for market success: trend trading.
1. Key Highlights of Trend Trading book:
- Understanding Trend Trading: Discover why it’s crucial to identify trends confidently, jump in after they’ve begun, and exit promptly once an uptrend shifts to a downtrend.
- Step-by-Step Guide: The book breaks down the process of spotting, evaluating, choosing, overseeing, and tracking a long-term trend trade. These methods are not only tried-and-true but also straightforward to grasp and implement.
- Latest Techniques: Stay updated with the newest advancements related to the count back line and the Guppy Multiple Moving Average.
- Capital Protection: Daryl Guppy offers invaluable insights into setting up stop-loss conditions, ensuring your capital and profits remain safeguarded.
- Bonus Content: Dive into the Darvas-style trend trading section, marking the first significant revision of this method in four decades.
2. What You’ll Learn:
“Trend Trading” equips readers with analytical tools to pinpoint promising long-term trades. These strategies can be tailored to any set of chosen stocks based on fundamental analysis, stock tip newsletters, or technical database scans. Guppy further illustrates how to discern superior trades, manage risks effectively, and conclude transactions triumphantly. The book even provides a glimpse into some of Daryl’s trading experiences.
3. Instructor Profile:
Daryl J. Guppy, renowned as the “Chartman,” is a beacon in international investment. With a prolific portfolio of nine best-selling books, Daryl’s insights have illuminated financial journals spanning America, Australia, and Europe. Beyond the written domain, he’s a trusted figure in Chinese financial publications and a regular contributor to TheEdge in Singapore. His voice resonates at prestigious conferences, including ASEAN and APEC. Numerous international organizations seek his strategic counsel on China’s business development as a testament to his expertise. Daryl’s knowledge isn’t just confined to boardrooms; he’s a familiar face on CNBC Asia Squawkbox, where he delves into financial market intricacies.
4. Who is this book for:
This course is meticulously designed for individuals who:
- Aspiring Investors: Those looking to dive into international investment and seek guidance from a seasoned expert.
- Financial Enthusiasts: Individuals keen on understanding the nuances of financial markets across different continents.
- Professionals: Anyone from the financial sector aiming to expand their knowledge base and stay updated with the latest trends and strategies.
- Students: Those pursuing finance or related fields and aiming to get a real-world perspective from an industry stalwart.
5. Learning Level:
This course caters to a broad spectrum of learners:
- Beginners: No prior knowledge? No problem. The course starts with the basics, ensuring everyone is on the same page.
- Intermediate: For those with some understanding, this course will deepen your insights and introduce advanced strategies.
- Advanced: Seasoned professionals will value Daryl’s unique perspectives, advanced techniques, and real-world case studies.
6. Customer Reviews:
Top reviews from the United States:
Jerome I. ⭐⭐⭐⭐⭐ Reviewed on January 28, 2011
- The CBL Stop loss is amazing
- A fantastic read. The author introduces a unique method to identify stocks for trend trading, utilizing trendlines, GMMA, and Count-Back Lines (CBL) for entry and exit. While the GMMA wasn’t particularly useful for me, the CBL is an exceptional stop-loss tool. It’s the best trend-following stop-loss I’ve ever come across. The book also revisits the Darvas Box, making it a highly recommended read. For more trading setups, consider “Trend Trading For A Living” by Dr. Thomas Carr.
Steve Burns ⭐⭐⭐⭐ Reviewed on May 31, 2014
- Trading with multiple moving averages
- A solid book on the reality of trend trading, focusing on using multiple moving averages to gauge a trend’s momentum and strength. The book also offers a modern method for using Darvas boxes, considering today’s volatility in trending stocks. A great introduction to trading trends with insights into trader psychology and risk management.
Scruffy Scirocco ⭐⭐⭐⭐⭐ Reviewed on September 27, 2007
- This book transformed my trading approach, leading to positive returns. The lessons are clear and engaging. It’s a game-changer for both stock and Forex trading, offering insights into market psychology.
Walter L. Covington ⭐⭐⭐⭐ Reviewed on September 6, 2012
- Good perspective on Trend Trading by Daryl Guppy
- An intriguing alternative to Technical Analysis, offering insights into whether a trend is continuing or declining. It complements traditional price indicators and supports the Nicholas Darvas concept of box trading. Highly recommended.
Hayden Lee-Hing ⭐⭐⭐⭐⭐ Reviewed on August 1, 2010
- Beyond Expectations
- This book exceeded my hopes, teaching more about trend trading and the Guppy Moving Averages technique. It’s psychologically, technically, and practically sound, guiding readers through the intricacies of market behavior.
tmbrtn ⭐⭐⭐⭐⭐ Reviewed on May 15, 2008
- All Meat – No Fluff
- The best trading manual I’ve read in 20 years. Guppy’s logical and easy-to-read style covers stock database searches, leveraging small accounts, charting platforms, technical analysis tools, and a unique stop-loss tool. It details how to capture trend break-outs and enter established trends.
Top reviews from other countries:
Johannes S ⭐⭐⭐⭐⭐ Reviewed in Australia on August 26, 2023
- Excellent Author
- Essential for anyone considering the stock market, whether a newbie or a seasoned trader. Packed with valuable advice for any market situation.
jihane eddahisse ⭐⭐⭐⭐⭐ Reviewed in France on October 18, 2021
- Good book
- A valuable trading strategy book focusing on the cbl guppy strategy, gmma, and price action. It offers insights into safe trade entry and exit.
Simon ⭐⭐⭐⭐⭐ Reviewed in the United Kingdom on October 22, 2015
- Well worth the money
- Daryl Guppy’s straightforward approach is enlightening. He equips readers with tools for successful trading and delves into the psychology of trading.
7. Frequently Asked Questions:
Q1: What is the main focus of Daryl Guppy’s “Trend Trading”?
“Trend Trading” by Daryl Guppy emphasizes the importance of trend trading as an effective and user-friendly method for market success. The book provides readers with tools to identify and capitalize on long-term trades. It covers the entire process, from spotting and evaluating transactions to managing and successfully closing them. The book also introduces the latest techniques, such as the count back line and the Guppy Multiple Moving Average.
Q2: What unique content does the book offer?
Apart from the core trend trading strategies, the book offers a bonus section on Darvas-style trend trading. This is highlighted as the first significant update of this technique in forty years.
Q3: How does “Trend Trading” help in selecting stocks?
The book guides readers on how to apply analysis tools to identify effective long-term trades. These strategies can be tailored to any set of chosen stocks, whether they are selected based on fundamental analysis, stock tip newsletters, or technical database scans.
Q4: Does Daryl Guppy provide real-world examples in the book?
“Trend Trading” includes examples of Daryl Guppy’s trades, offering readers a practical perspective on the strategies discussed.
Q5: What is the Guppy strategy in Forex Trading?
The Guppy strategy, developed by Daryl Guppy, is a globally recognized trading approach. It suggests using two groups of moving averages to identify the most vital phase of a trend.