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Publisher's Summary

Learn a powerful day trading strategy in less than 60 minutes.

A profitable trading strategy is the most important tool for a trader. This book explains a powerful trend-following day trading strategy for trading futures, stocks, ETFs, and Forex.

When trading with The Simple Strategy, there's no second-guessing. As you will see, the entry rules are based on indicators - and these rules are black and white. Either the MACD is above the zero line or it isn't. And either the RSI is above 70 or it isn't. The entries are easy to identify and execute. That's why this strategy is called The Simple Strategy.

When trading with The Simple Strategy you'll know when to exit even before you enter the trade. So, you'll know exactly how much to risk on any given trade, which is essential for precise position sizing and money management. Plus, you can put the trade on autopilot once your entry order is filled. This will keep trade management to a minimum. It's easy and simple.

These days, trends are short-lived. The times when you could enter the market in the morning and exit the market in the afternoon are over. These days the markets can turn on a dime. Low trading commissions and computerized trading have destroyed the nice, long intraday trends. However, with The Simple Strategy you can take advantage of the small, intraday trends that we are seeing in today's markets.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio.

©2013 Markus Heitkoetter (P)2016 Markus Heitkoetter

What members say

Average Customer Ratings

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  • Overall
    4 out of 5 stars
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    2 out of 5 stars
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    4 out of 5 stars

An interesting, straightforward listen.

I recommend this audiobook. The narration was sufficient but without any real flourishes or flavor, fine for this topic.
The content is very straightforward, providing step by step instructions. I have just finished, so have not tried it out for myself.
The basics are the same as many other strategies: consistency, discipline, money management & strict adherence to the rules.

6 of 6 people found this review helpful

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    3 out of 5 stars
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    3 out of 5 stars
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    2 out of 5 stars

Sounds simple, but you'll need coffee

you'll need coffee to stay awake while listening to the narrator on the audio book. I'm not convinced that this simple strategy will work. however, for beginners it maybe reasonable to try it.

5 of 5 people found this review helpful

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    5 out of 5 stars
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    5 out of 5 stars

Very great mind reset

If you think you are loosing the trading path or need to be re-energized, listen and shall be satisfied. He put me back on the track

3 of 3 people found this review helpful

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    3 out of 5 stars
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    5 out of 5 stars
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    5 out of 5 stars

PDF missing

Would give 5 stars, but PDF is missing. Contacted Audible to slolve it, cannot follow the examples without the data/graphs in pdf.

4 of 5 people found this review helpful

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    4 out of 5 stars
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    4 out of 5 stars
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    3 out of 5 stars

not bag

nice clear system. Some of the specifics were a little difficult to absorb because I could never find the PDF that goes with it despite Googling several times. In general though I get the point and it's not bad.

2 of 3 people found this review helpful

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    3 out of 5 stars
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    3 out of 5 stars
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    4 out of 5 stars

It's a Start or a Supplement Only; Good Value

Would you recommend this book to a friend? Why or why not?

Based on when this book was released and a little about the author, it sounds like Markus got in to professional trading at the bottom of the market and rode the wave to the top. If you know the market is trending upward (or downward), this strategy makes more sense. However, if volatility is high, there is a major flaw. The stop loss is too tight in high volatility markets so unless you get in at a moment where it goes straight up (or down selling short) you are setting yourself up for more losses than necessary. This could be highly valuable as supplemental info to your current trading strategy though

Who do you think would benefit most from listening to The Simple Strategy?

People looking for additional support to a trading system already in use, or to people getting started in trading to play with paper trading and familiarize themselves with some advanced charting features.

Any additional comments?

The studies they show are valuable studies to know and there is a lot of good about this book, but a 4 or 5 star rating is misleading to potential investors looking for a new strategy. I think this was $5 so it was definitely worth that for the insight into these studies, but as a complete trading strategy, simple often isn't successful.

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Not so simple strategy

Not so simple strategy. but a good read on stock trading. good luck to all

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  • Amazon Customer
  • 03-28-17

Does what it says on the tin.

nice and quick to listen to. comes with a pdf with all necessary supporting docs which is very handy. very easy to implement. don't expect a long book with loads of details, this is very basic but very useful.

1 of 2 people found this review helpful