How the strategies and tactics of fly fishing can translate to
improved trading performance
Much like trading, successful fly fishing requires both an
understanding of ‘big picture’ conditions and the ability to
implement tactical techniques to actually catch the fish. In Fly
Fishing the Stock Market, Dr. Stephen Morris compares his
method for trading stocks with his favorite past time, fly
fishing–providing fresh insights into his successful trading
approach. Engaging and...
How the strategies and tactics of fly fishing can translate to
improved trading performance
Much like trading, successful fly fishing requires both an
understanding of ‘big picture’ conditions and the ability to
implement tactical techniques to actually catch the fish. In Fly
Fishing the Stock Market, Dr. Stephen Morris compares his
method for trading stocks with his favorite past time, fly
fishing–providing fresh insights into his successful trading
approach. Engaging and accessible, this book skillfully describes
how Morris applied this approach to generate an astounding 268%
growth in his account in the volatile and confusing, post-financial
crisis markets.
Morris explains how he uses technical indicators to determine
what he calls the ‘market season’ and how he then zeros in on
individual stock patterns to make his trades. He also reveals
unique tools, such as the Market Timing Monitor and Weather
Station, which give him a sense of the market’s long-term condition
and provides the basis for his trading and risk management
strategies.
* Filled with the authenticity of a real trader figuring out how
to uncover profitable trading opportunities
* A companion Website contains supplementary material that allows
you to learn in a hands-on fashion long after closing the book
* Provides a compelling portrait of how a successful trader
thinks about markets, develops a method, and then implements the
method in real time
* The author’s spectacular returns are backed by publicly
documented records
Just like fly fishing, traders must adjust their approach
constantly because market conditions constantly change. This book
will help you achieve this elusive goal, and capture consistent
profits in the process.
