The Next Perfect Trade
The Next Perfect Trade introduces a set of principles that can be applied in discovering superior trades. It features the principles that will be profitable in the broadest range of economic scenarios. The book shifts focus from forces that drive markets to forces that drive successful trades. Both aspiring and experienced investors can find value in this book long before the advanced concepts are fully introduced. And with complete training and equipment, The Next Perfect Trade may give you a devastating advantage.
This groundbreaking book presents a unique, efficient framework to navigate the complex world of leveraged finance and to formulate optimal trading strategies.
Part I provides a framework for developing a positive risk/reward by using the market tides and avoiding the common mistake of stacking the odds against yourself.
Part II teaches how to minimise the trades and portfolios, which have potential to lose money, even when the underlying view is correct.
Part III provides the system for identifying dominant trades and achieving a portfolio which is profitable, even when the underlying view is wrong”.
Table of Contents
Introduction
Part I: Swim with the Tide
Chapter 1. Trend
Chapter 2. Carry
Chapter 3. Valuation Pull
Chapter 4. Historical Pattern
Chapter 5. Growth and Progress
Chapter 6. Tax Advantage
Conclusion of Part I
Part II: Don't Fail to Make Money When You Have a Correct View
Chapter 7. Stopping Out of Success
Chapter 8. Fear of the Visible Forest
Chapter 9. Adding Unnecessary Complexity
Chapter 10. Portfolio Paralysis
Conclusion of Part II
Part III: Choose Dominant Trades
Chapter 11. Bet Not on the Sufficient, But on the Necessary
Chapter 12. The Secret of the Chicken and the Egg
Chapter 13. The "Even If" Trades
Chapter 14. The Price of Free Lunch
Chapter 15. What is a Perfect Trade?
Final Words