Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Weekend Trend Trader
    Weekend Trend Trader
    Weekend Trend Trader
    Ebook48 pages30 minutes

    Weekend Trend Trader

    By Nick Radge

    4.5/5

    ()

    Read preview

    About this ebook

    The Weekend Trend Trader is a trading strategy designed for people who want a simple to follow trading plan that trades just once a week. An ideal investment strategy for people who work full time but are actively planning for their retirement. Weekend Trend Trader is designed for and tested on the US stock Market. Nick Radge is Head of Trading and Research at The Chartist, Australia, Nick has extensive experience designing and testing trading strategies. Nick actively trades both the US and Australian stock markets alongside his clients.The Weekend Trend Trader strategy is a turnkey strategy that uses no discretion. In other words the strategy has a set of rules and users should understand why they entered a trade and when and how they will exit. Because the rules are strictly and mathematically defined we are able to back test the strategy on historical data. This enables us to understand the strategy's nuances and therefore better understand how the journey to success will be travelled. The strategy is a combination of several tools that 1.ensures you will always be aligned with the trend of the broader market, 2.enters positions at specific points and with reasonable confirmation, 3.manages existing positions with a trailing stop loss, 4.defends existing positions if the trend of the broader market reverses, 5.outlines how much to invest in each position. We will fully step through each of these points in detail and slowly build the system from the ground up.

    LanguageEnglish
    PublisherNick Radge
    Release dateSep 11, 2013
    ISBN9780980871258
    Weekend Trend Trader
    Author

    Nick Radge

    Nick is a professional trader, educator and author who has been trading and investing since 1985. During this time Nick has worked for numerous international investment banks - from the trading floor of the Sydney Futures Exchange to international dealing desks in Sydney, London and Singapore. In 2007 Nick established The Chartist, a stock market advisory service. Nick's expertise lies in trading stocks and commodities, trading system design and technical analysis. Nick is also very interested in trading psychology, he has conducted extensive research in numerous trading and investment fields and he has written three successful books. His latest book, Unholy Grails – A New Road to Wealth is receiving excellent reviews. Nick also consults to financial planners and accountants on trading and investment strategies for their clients.

    Read more from Nick Radge

    Related to Weekend Trend Trader

    Related ebooks

    Investments & Securities For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      How To Set Yourself Free

      Sep 2, 2020

      One of my clients retired at 50 to become a full-time trader, hoping he could shrug off the rat race and the typical work-sleep-work life. Fifteen years later he is still “retired” and still trading full time. Now he calls it what it turned out to be

      6 min read

    • Article

      He Learned to Trade for Profit - and Can Teach You, Too

      Jan 31, 2019

      Raymond Rondeau, 55, of Exeter, R.I., is a trader, president of the New England American Association of Individual Investors chapter, and creator of AAII's new course, "Investing Strategies and Technical Analysis." When did you start trading? I began

      2 min read

    • Article

      Are You Gambling or Investing? Here’s How to Tell

      Mar 2, 2021

      Investing in the stock market over many decades offers most people an incredible opportunity to build wealth. Does that surprise you? If so, you’re not alone. Over the course of my career as a financial planner, I’ve found that many people look at th

      4 min read

    • Article

      What I Learned from Losing $200 Million: The 2008 financial crisis taught me about the illusion of control, and how to give it up.

      Dec 24, 2015

      I’d lost almost $200 million in October. November wasn’t looking any better. It was 2008, after the Lehman Brothers bankruptcy. Markets were in turmoil. Banks were failing left and right. I worked at a major investment bank, and while I didn’t think

      15 min read

    • Article

      Discipline Goes A Long Way

      Mar 31, 2022

      The life of a trader is not what most of us might imagine it to be – that is, glamorous, exciting and paved with gold. More likely it is solitary, private, a bit boring and, when done right, provides a living. We could all be traders. We could all be

      5 min read

    • Article

      A Little Hedging Can Go a Long Way to Protect Your Retirement Savings

      Jun 10, 2020

      "Don't worry, the market always comes back." If you haven't heard this comment yet -- from a well-meaning friend or co-worker, or maybe a concerned financial professional -- you almost surely will. We're all hoping for the best but bracing for the w

      4 min read

    • Article

      RSI Alone Not Enough

      Sep 18, 2020

      oscillators, such as the relative strength index (RSI) and stochastics, are often used as signals for overbought and oversold zones. Let’s use the RSI as an example. Generally, an RSI set on 14 days is considered over-bought above the 70 level, but t

      1 min read

    • Article

      Technical Analysis Tools For Long-term Investing

      Oct 30, 2020

      in the 22 October issue of finweek, I wrote about how I am trying my hand at trading local equities for the first time in over a decade. Some aspects of my index trading have helped (discipline and risk management), but stocks are more volatile and n

      2 min read

    • Article

      How Options Can Help Your Portfolio

      Jun 3, 2020

      For some people, options trading conjures either fantasies of instant riches or nightmares of losing everything. But those are the visions of market-timing speculators, not long-term investors. For most investors with a long-term view, trading option

      7 min read

    • Article

      Change In Sentiment

      Oct 2, 2020

      Change In Sentiment
      1 min read

    • Article

      How To Count Your Losses

      Nov 15, 2019

      in the previous issue (7 November), I wrote about trading, and in particular about gearing via the use of derivatives, as well as what we should (or shouldn’t) be trading. I promised to return to the other two parts of the equation: How to employ a s

      3 min read

    • Article

      The Magic of Moving Averages

      Jan 31, 2019

      When price charts begin to look like jagged mountain ranges, it can be hard to map out which way stocks are headed. Enter the simple moving average. The tool is a staple of technical analysis--the practice of determining the direction of stock prices

      2 min read

    • Article

      A British Trader Who Caused A 'Flash Crash' That Sent Stock Market Into Dive 10 Years Ago Avoids More Prison Time At Chicago Sentencing. 'I Could Never Survive That.'

      Jan 29, 2020

      CHICAGO - Ten years ago, trading futures from his parents' suburban London home, Navinder Sarao shook up the investment world when his computer program set off the "flash crash," causing the stock market to temporarily lose a trillion dollars in a ma

      3 min read

    • Article

      Covered Calls: One Way to Earn Extra Income on Your Stocks Without Additional Risk

      May 2, 2018

      "Boy, I would definitely sell Apple if it reached $170 again," a client said to me recently. Like many people, she believed entering a limit order at that price was the logical next step. As we explained, however, writing a covered call option might

      3 min read

    • Article

      How Investors Can Prosper With Technical Analysis

      Feb 6, 2019

      Many investment advisors and money managers have a little secret. They will proudly tell you that they rely heavily on fundamental analysis, carefully weighing earnings, market share, competitive environment and demographic trends to select the best

      5 min read

    • Article

      Learn How To Spot A Rip-off

      Feb 24, 2021

      Learn How To Spot A Rip-off
      3 min read

    • Article

      A Conversation with a Short Seller

      Aug 18, 2020

      A short seller leads a lonely life, it seems. Short sellers profit from stocks that decline in value. So, when they win, it means that most of their friends and family are likely losing. And when they lose? Well … they don't generally get a lot of sy

      4 min read

    • Article

      10 Best ETFs to Buy for an All-Weather Portfolio

      Aug 30, 2018

      It used to be that investors asked themselves the question, "How many mutual funds should I have in my portfolio?" They still ask the same question of diversification, but more in terms of exchange-traded funds (ETFs). A portfolio of just two ETFs mi

      7 min read

    • Article

      Breakout Is Possible

      Jan 10, 2020

      Breakout Is Possible
      1 min read

    • Article

      Rogue Trader

      Jun 5, 2020

      Rogue Trader
      10 min read

    • Article

      Book Of The Week

      Mar 19, 2021

      Book Of The Week
      2 min read

    • Article

      Beyond A ‘Gut Feeling’

      Sep 30, 2020

      Beyond A ‘Gut Feeling’
      9 min read

    Related categories

    Reviews for Weekend Trend Trader

    4.5/5

    24 ratings3 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

    • 5/5
      Nice and simple and highly effective look forward to testing out the strategies in this book
    • 5/5
      most practical and real time methods explained in a very simple manner. All thanks to Mr Nick and will plan to work on this
    • 5/5
      Plan the trade and trade the plan. A road map to success.

    Book preview

    Weekend Trend Trader - Nick Radge

    Table of Contents

    IMPORTANT INFORMATION

    INTRODUCTION

    THE WEEKEND TREND TRADER STRATEGY

    Tools Required

    Time Frame

    Defining the Broader Market Trend

    The Entry Mechanism

    The Exit Mechanism

    Building the Portfolio

    Proof of Concept

    Test Universe

    Monte Carlo Simulations

    Simulation Capsule Summary

    Bringing It Altogether

    Weekend Trend Trader in a Nutshell

    IMPORTANT INFORMATION

    The material in this publication is of the nature of general comment only and does not represent professional advice given by the publisher. It is not intended to provide specific guidance for your particular circumstances and it should not be solely relied upon as the basis for any decision to take action or not take action on any matter for which it covers. While the Author is a licensed financial professional in Australia, the publisher advises readers to obtain professional advice where appropriate and which considers your exact situation, before making any such decisions. The publisher makes no representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the contents.

    Every effort has been made to accurately represent this method and its potential. There is no guarantee that you will earn any profit using the techniques and ideas in this eBook. Examples in this eBook are not to be interpreted as promise or guarantee of earnings. Profit potential is entirely dependent on the person. The publisher does not purport this eBook as a 'get rich scheme' All comments and/or methods presented are not specifically endorsed or promoted directly by the publisher and any liability relating from such is hereby waivered against the publisher.

    This book may contain advice that has been prepared by Reef Capital Coaching (AFSL 288200). Being general advice it does not take into account your objectives, financial situation or needs. Before acting on this general advice you should therefore consider the appropriateness of the advice in regard to your situation. We recommend you obtain financial, legal and taxation advice before making any financial investment decisions. This material has been prepared based on information believed to be accurate at the time of publication. Subsequent changes in circumstances may occur at any time and may impact the accuracy of the information.

    Past results are not a reliable indication of future performance.

    All results are considered to be hypothetical unless otherwise specified. Hypothetical performance results have many inherent limitations. Unlike an actual performance record, simulated results do not

    Enjoying the preview?
    Page 1 of 1