Description:

This original book covers the various order types offered by your stockbroker, and strategies you can use to incorporate the different orders into your trading. The chapters are laid out in such a way that it is easy to familiarise yourself with each concept, and to understand the pros and cons of the different strategies. Every concept is clearly explained with diagrams and charts, and the success and failure scenarios show how things can go well or badly. The patterns include LIMIT BUY, LIMIT SELL, STOP BUY, STOP SELL, TRAILING STOP BUY, TRAILING STOP SELL, STOP/LIMIT, and STRADDLE. The author rounds off with real-life examples and back-testing results.