John F. Netto, C.T.A. (Seattle, WA) is principal and manager of Semper Fidelis Capital Management, L.L.C. Named one of 2001's top traders by Tradingmarkets.com, Netto offers seminars and workshops on his trading methodology.
[BACK COVER] [CATEGORY] Trading [HEAD] A Battle-Proven Program for Using Technical Analysis to Make Fewer--But More Profitable--Trades Whatever the battlefield, victory favors the warrior with a tested, well-designed plan--along with the discipline and composure to systematically implement and execute that plan. In the trading arena, a solid knowledge of technical analysis has helped savvy traders calculate the likelihood of market trends, and consistently profit from that knowledge. Precision Trading Using Technical Analysis reveals how you can use the rules of technical analysis to sell into weakness, buy into strength, and always bank your profits at pre-determined price targets.… Covering everything from screen setups and software to detailed walkthroughs of successful real-time charting, this results-based book will show you how to: Let market action tell you exactly when to make a trade--and, more important, when not to Use Fibonacci ratios to determine where markets, or individual stocks, are most likely to reverse Improve performance by adding to winning positions using the Money Management Matrix Experienced traders know the confidence that comes from instinctively knowing which direction the market is headed--and the helplessness that comes from having no idea. Discover how to use technical analysis to begin each trading day with confidence, and end each day with profits, in Precision Trading Using Technical Analysis. [FLAP COPY] Hugely successful trader and former Marine John Netto knows that the markets are a race--against time, against other traders, and against yourself. Through years of in-depth study and hands-on trading, Netto has developed an innovative, award-winning technical analysis methodology that has consistently allowed him to win that race--and increase his trading profits through skills and knowledge instead of guesswork and luck. Netto''s battle-tested, market-refined One Shot - One Kill program has garnered both acclaim and adherents for its unerring accuracy and razor-sharp trading signals. Now, in Precision Trading Using Technical Analysis, Netto provides a step-by-step guidebook for using One Shot - One Kill in your own trading program. Its market-proven shows you how to increase your profits by making a higher percentage of smart, low-risk trades in good markets and bad. Let Precision Trading Using Technical Analysis arm you with the trading skills and knowledge you need to: Build a solid trading foundation that includes updated software along with knowledge of basic trading strategies and tactics Filter out weak stocks to focus on those with the greatest likelihood of dramatic short-term moves Establish clear, simple "Netto Numbers" to determine how much of your money to commit to a trade Spot key long- and short-term inflection points and Fibonacci levels, along with prevailing trends for a chosen security Allocate your resources, wait for proper setups, then move at the instant the market tells you to Recognize pivot points--and determine their impact on current resistance and support levels Set absolute levels for locking in profits or cutting losses, while instinctively recognizing when to be flexible Making a living as a trader requires not only that you have the discipline to hit singles and doubles on a day-to-day basis, but that you have the knowledge and flexibility to hit the ball out of the park when a fat pitch comes across the plate. Precision Trading Using Technical Analysis paints an honest, pull-no-punches picture of what it takes, on both the personal and financial level, to become a successful trader. It demands that you acknowledge, in effect, how much you have to learn about the markets and their rhythmic, methodical movements. But if your goal is to become and remain a full-time trader, with the confidence to stride into a roomful of alligators with only your knowledge and wits to protect you, you will find no better books on the market today. John Netto is a professional trader and money manager. President of One Shot - One Kill Trading LLC, and chief investment strategist for Semper Fidelis Capital Management, LLC, Netto is one of today''s most accomplished experts in the use of technical analysis for trading stocks, futures, options, and currencies. He spent seven years in the U.S. Marines Corps.