The Nature of Trends: Strategies and Concepts for Successful Investing and Trading

Today's market participants have a myriad of tools at their disposal. Yet 80% to 90% of traders still fail to achieve their financial goals.The Nature of Trends draws on the latest developments in neurology, psychology, game theory and complexity theory to construct a written trading plan with an edge. The book’s step-by-step approach will assist traders in their quest for investing or trading success.The Nature of Trends provides a template for a successful trading plan: It assists the trader to answer questions such as: What are the conditions for low-risk entry? What is the trend of my time frame? Once in a trade, how can I risk be managed? Trading or investing is a probability game, requiring tools that will swing the probabilities in the trader's favor. A technical trader's best chance for long-term success lies in identifying the path of least resistance (trend) of his time frame. These key ideas of trend and time frame are essential for profit. Barros Swings, introduced in this book, provide a means to determine visually both the trend, and the time frame of (or changes in) that trend.The Nature of Trends also examines other unique tools (for example, the MIDAS tool) that provide low-risk trade entry by indicating the level at which an entry may be safely effected.This practical guide to identifying trends and determining their likelihood of continuing or changing is an essential tool for traders looking to increase their probability of achieving their financial goals.

About the Author

Ray Barros is a professional trader, fund manager, author, and educator. Since he started trading 20 years ago, his track record reflects a whopping 39% per annum return on a compounded basis. This means a hypothetical investment of $1,000 returned over $100,000 in the 15-year period between 1990 and early 2005. Barros is also the author of two books- The Nature of Trends and The Ray Wave . Barros has been regularly featured in regional newspapers and publications such as Sydney Morning Herald , Your Trading Edge Magazine , Business Times , and Smart Investor focusing on his trading strategies as well as his opinions on market sentiment. They have also dealt with his track record, trading philosophy, how and why he got into trading, and what advice he would give to those wishing to become traders/investors.