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Ready-Fire-Aim (RFA): A short term trading strategy (Reflections from a Trading Room Book 3), by Kenneth Long
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A short term trading strategy with a rule set developed from practical trading experience using ETFs and large cap stocks, and documented from over 2 yeasr of daily trading practice in a live chat room. It is a strategy that incorporates the best of intuition and adaptation, with rule-based market preparation to find likel;y candidates for short term out-sized price movements
- Sales Rank: #955210 in eBooks
- Published on: 2011-05-14
- Released on: 2011-05-14
- Format: Kindle eBook
Most helpful customer reviews
1 of 1 people found the following review helpful.
Useful Pamphlet
By Greg Allen
I bought this pamphlet (its about 20 pages or so) because Long gives seminars with Van Tharp who I've studied extensively and know to be a credible trading coach.
The pamphlet describes a pretty ordinary type day trading system that focuses on big ETFs and "cows"-large cap equities like QQQ or DIA holdings. The system laid out covers all the bases needed to trade like several setups, an entry, exit rules, and various stop levels. Long does not give empirical performance data for the system, but advises paper trading the system for several months to see for oneself. It is an implementable system that uses discretion and even some intuition. I've begun paper trading it and will make 50 plus trades over the next several months and keep track of the results. Looks pretty promising.
1 of 1 people found the following review helpful.
MUST READ.... Very Good Strategy ....
By Santoshi K.
I came across Mr Ken long through Mr.Van Tharp's Newsletter then through his youtube videos.... I personally feel that he is great practical trader i came across........RFA is very good short term strategy which try to exploit short term edge which develop due to market imbalance .... very simple to follow.... book doesn't leave anything to imagination ... covers all the possible variations about entry, exits, and trade management !!
Good addition to your trading arsenal .... must read for all traders !!!
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