Elevate your trading strategy with actionable market insights from an industry pioneer
In Markets & Momentum: How Profiling Gives Traders an Advantage, James F. Dalton and co-author Robert B. Dalton dramatically expand on their revolutionary first book, Markets in Profile. Summarizing a lifetime of experience—from formative memberships on the CBOE and CBOT to his role as UBS Director of Hedge Fund Research—Jim challenges traders to recognize that market-understanding must be balanced with self-understanding. Jim’s deep market savvy is complimented by Rob’s engaging prose that adds a wealth of insight about the powerful influence of unexamined emotions, impulses, and habits on your trading success.
Jim promotes trader education through Jim Dalton Trading (jimdaltontrading.com), along with his partners Jennifer Loh and Raghu Rajput, driven by the knowledge that the only reliable, objective, actionable information is market-generated. This information is scientifically organized via the Market Profile, which is simply a contextual organization of time, price, and volume—the core components of any financial transaction.
Markets & Momentum offers:
Deep dives into issues that lead more than 90% of day traders to lose money, including fading trend days, FOMO, doubling down on losing trades, and failing to let profits run.
Strategies for minimizing the influence of news hype and analysis overload in order to remain focused on the only information that matters.
Techniques for understanding your own emotional and intuitive reactions, and learning to avoid making impulsive decisions.
This book is ideal for day and short-term traders, and for longer-term investors seeking to improve trade entries and exits. Jim Dalton’s trading insights are supported by six decades of learning directly from the markets, as well as from his wide base of educational clients.
Markets & Momentum is a must-read for traders looking for guidance on developing the insights and skills necessary for conquering the short-term market.