Books by Dr. Gandevani
- Winning Edge Trading: Successful and Profitable Short and Long-Term Systems and Strategies
- How to Become a Successful Trader: The Trading Personality Profile: Your Key to Maximizing Profit with Any System
- The New Paradigm Investor: Become A Successful Investor With A Winning-Edge Investment System
- Trading Systems As A Determining Factor in Trading Performance Paperback.
Winning Edge Trading: Successful and Profitable Short and Long-Term Systems and Strategies (Wiley Trading)
By Dr. Ned Gandevani
An innovative and comprehensive approach to profitable trading in these turbulent times
Winning Edge Trading shows how to trade any market for great profits. Using the unique and innovative trading strategies and systems outlined here, you can trade stocks, ETFs, and futures to achieve market-beating returns. Written by system developer Dr. Ned Gandevani, this book provides an antidote to active investors and traders who are frustrated by stagnant and declining markets. Dr. Gandevani shows you how to maximize your profit while minimizing your risk with his innovative and comprehensive approach and then reveals how to profit from market swings. In addition to providing a simple and easy-to-execute trading system, Dr. Gandevani also explains how you can determine your risk tolerance and choose a compatible system for maximum performance.
- Details the tools used to trade short or long time frames
- Explores how the Relative Strength Indicator and Detrended Price Oscillator can help you determine when to enter and exit a trade
- Discusses psychological issues involved in active trading, including the inability to take a loss, overtrading, trading personality, and system compatibility
Winning Edge Trading contains the information you need to become a successful active investor and trader in today’s dynamic markets.
Editorial Reviews
From the Inside Flap
With major market changes continuing to occur and a majority of investors still reeling from the recent financial meltdown, many people have no idea what to do next. The solution is not to panic, but to become educated in the new dynamics of today’s market—and with Winning Edge Trading as your guide, you’ll discover what it takes to thrive, even amidst the most adverse conditions.
Author Ned Gandevani—a professional trader and developer of the renowned Winning Edge Systems—has trained and coached traders for more than a decade. Now, with this new book, he provides both seasoned professionals and aspiring individuals with a practical approach toward becoming better traders and active investors.
Written in a straightforward and accessible style, Winning Edge Trading outlines an approach based on long-term and strategic planning, but short-term and tactical management. It opens with an informative discussion of the new trading paradigm and quickly moves on to address the sound trading system and proper trading psychology that will allow you to successfully navigate this dynamic environment.
Divided into four comprehensive parts, Winning Edge Trading:
- Provides an in-depth exploration of theWinning Edge Trading System—from its signals to its protective stops—and reveals how the system can be used to day trade, swing trade, or position trade
- Explores the various instruments and markets available to you—from stocks and futures to exchange-traded funds (ETFs)—and how you can successfully trade them
- Compares technical and fundamental analysis and covers the Fibonacci Concept in detail
- Examines the psychological issues involved in active trading, including the inability to take a loss, overtrading, trading personality, and system compatibility
And as a special offer for those purchasing this book, you’ll receive a free one-week subscription to any of the Winning Edge Trading Signals for the S&P Futures markets. This will allow you to gain access to the Winning Edge Trading Signals—day, swing, or position—of your choice.
Filled with in-depth insights and expert advice, Winning Edge Trading is essential for active investors and traders who are frustrated by stagnant and declining markets. With the strategies and systems found here, you’ll be in a better position to maximize trading profits while minimizing potential risk.
From the Back Cover
Praise For Winning Edge Trading
“Dr. Gandevani has written another excellent book. This time, he shares some of his most specific and practical trading strategies and insights. After describing the ‘pitfalls’ of old trading systems, he very usefully and concisely explains his system to help day traders, swing traders, and position traders. The section on investment psychology is also a must-read for every serious trader. I am very pleased to recommend this excellent piece of work focusing on trading and investment in practice.”
—Dr. Ehsan Nikbakht, CFA, Professor of Finance, Hofstra University
“The recent credit crisis has permanently altered the financial landscape we knew and trusted. Ned convincingly documents this important paradigm shift in financial markets, and more importantly, his forward-looking approach incorporating investor psychology can greatly benefit both the novice and experienced trader.”
—Andrew C. Spieler, Ph.D., CFA, FRM, Director, Quantitative Finance Program, Frank G. Zarb School of Business, Hofstra University.
How To Become A Successful Trade: The Trading Personality Profile: Your Key to Maximizing Your Profit With Any System
by Dr. Ned Gandevani
How To Become A Successful Trader offers an exciting tool for traders, investors, and hedge fund managers to maximize their trading performance. You gain a deeper understanding of how to enhance the positive forces of your psychology to create a winning career. With the knowledge of your Trading Personality, you are able to customize strategies and decide which method of trading; either Discretionary System, a Mechanical System, or a Hybrid System is best suited to your personality.This book provides a roadmap and selection criterion for mutual funds, banks, hedge fund managers and trading firms on how to choose a more effective trader for their firm. Dr. Gandevani’s book utilizes a scientific research in dealing with trading psychology. His professional experience in trading and dealing with many traders whom he has trained as well as extensive research on psychology provided the unique and necessary insight for writing this book.
Most Helpful Customer Reviews
11 of 14 people found the following review helpful:5.0 out of 5 stars The Trading Personality Profile, December 18, 2002By A CustomerThis review is from: How To Become A Successful Trader: The Trading Personality Profile: Your Key to Maximizing Your Profit With Any System (Paperback)
The Trading Personality Profile, by Dr. Gandevani, describes how a trader can identify his/her personality traits and furthermore provides supplemental strategies designed to maximize desirable traits and neutralize negative traits. Determining your trading personality is crucial because you discover which types of trading approaches are best suited for YOU. This enables the trader to bridge the profit/loss gap between a trading system’s hypothetical performance and the trader’s actual performance.
On a personal level, I have developed an awareness of my personality/characteristics and as a result, many of my thoughts and actions are both scientifically explainable and often times predictable. I am now conscious of my irrational beliefs (derived from my weak traits) and am able to remedy them before they become undesired behaviors.(i.e. bad trades)
Every trading day I apply the concepts in this book. I made an outline of the impending “traps” that I am vulnerable toward (according to my weaknesses) along with the corresponding corrective strategy so that I can conveniently refer to the concepts as the day progresses. This prohibits me from creating any costly mistakes by knowing how to diagnose the belief &/or behavior.
The information I received about myself from this book has helped immensely. The book has saved me time, $$$, and potential frustration. I am sure it will help put you on a profitable path to success as well.5 of 7 people found the following review helpful:5.0 out of 5 stars Finally, a book on the science of psychology in trading., December 4, 2002By A CustomerThis review is from: How To Become A Successful Trader: The Trading Personality Profile: Your Key to Maximizing Your Profit With Any System (Paperback)
The Trading Personality Profile is the first book I have read which identifies the science of psychology to trading. I have read a number of books and articles which focus on pop psychology, telling the reader that it’s discipline, persistence, determination and focus which will render success. However, there is a serious dilemma. These books never identify the science of why we are incapable of achieving success as traders or investors. Dr. Gandevani has finally written a book which is a must-read for any serious individual in the investment community or anyone who is interested in bettering their lives. He recognizes that we must first understand ourselves with a Trading Personality Profile Test, which identifies our strengths and weaknesses in all facets of our personality and character. In turn, this allows us to genuinely focus on the real issues at hand. If you are a dedicated student of the markets or in life, then this is a must-read. It is perhaps the finest book I have ever read on the subject of psychology in trading.
The New Paradigm Investor: Become A Successful Investor With A Winning-Edge Investment System
By Dr. Ned Gandevani
In today’s rough-and-tumble economic environment, investing is no longer simply a choice, it’s a necessity. Longer life spans, a greater imbalance between our incomes and expenses, and diminished purchasing power due to inflation are just a few reasons. The majority of Americans either don’t know how to invest or feel they lack the income to do so. In The New-Paradigm Investor, author and professional trader, Dr. Ned Gandevani explains why investing is important?especially for middle- and working-class Americans. The new investment paradigm is all about achieving higher performance with less risk and in less time. This new model promotes short-term, flexible investment management and decision-making. The New-Paradigm Investor shows you winning strategies you can apply for successful, modern-day investing. Using real-life examples, this guide directs you through the difficult, and sometimes overwhelming, process of investing and discusses Investing for survival Constructing a winning investment portfolio Monitoring your portfolio with a winning-edge system Understanding investment psychology Employing a comprehensive, practical, and systematic approach, The New Paradigm-Investor helps you construct and monitor your investment portfolio to garner maximum returns and achieve your financial goals.
Most Helpful Customer Reviews
5 stars A True Amazing Investment Book. A Must Read!, October 23, 2010
By Patrick Kouame – See all my reviews
“The New Investment Paradigm Investor is truly the tool an investor need today, especially in this current economic turmoil. It is as practical as it is realistic. The New Investment Paradigm Investor gives you in detail the step by step process you need to take to minimize your risk and maximize your return on your investment. You are provided with exceptional details on how to construct a winning investment portfolio to how to actively manage it.
The New Investment Paradigm Investor is quite similar to discovering a secret/wisdom that is concealed for centuries. It is amazingly a powerful tool. It works for me and I think I should share. ”5.0 out of 5 stars A great book for new investors, November 6, 2009By Ozone Stuns “Ozone Stun” (Bronx NY) – See all my reviewsThis review is from: The New Paradigm Investor: Become A Successful Investor With A Winning-Edge Investment System (Paperback)
If you don’t know where or how to start this book will get you there. You will learn the basics and beyond and just what exactly the men and women of Wall Street, CNBC, and the Wall Street Journal are talking about. The book is comprehensive and detailed. It is a great guide for those who don’t just want a book for beginners but something you can refer to throughout your career and life as an investor. Whether you are a professional investor or a casual investor only concerned about your 401k, you will reference this book many times over.5.0 out of 5 stars A.Willimas review, “The New Paradigm Investor”, October 19, 2009By Al Williams (New York City) – See all my reviewsThis review is from: The New Paradigm Investor: Become A Successful Investor With A Winning-Edge Investment System (Paperback)
About seven years ago I invested in trading stocks for a living. The costs just for coaching were over seven thousand dollars, and I lost more than that in the market. My coach instructed me on the fundamentals of stock investing, a little about charts and gave me investing advice when it was too late to use the information.
Dr. Ned Gandevani, PhD, book titled “The New Paradigm Investor”, cost a fraction of fifty bucks and showed and re-taught me the same things that it cost me a fortune to learn and not well at that.
Dr. Gandevani talks about how to use the fundamentals and their weaknesses, how to use certain charts and which ones are best for your stock trading. He also identifies how to find what type of weaknesses you may have personally, and how to use that weakness to your advantage. He also breaks down how the economy works and how you go about investing in the stock market. Overall, the price of the book is worth much more than what I paid for it. If I would have had it years ago I would probably be one rich person.
Trading Systems As A Determining Factor in Trading Performance
By Dr. Ned Gandevani
Studies on individual investors and professional fund managers indicate that one reason professional fund managers perform more consistently is their reliance on trading systems for making investment decisions. It could be hypothesized that a trading system is a determining factor in producing higher performance. This research sought to validate that hypothesis by investigating the effect of trading systems on individual trading performance, measured by investors’ trading decision accuracy rates. In particular, it examined the positive relationship between the extent of investors’ reliance on trading systems and their performance level. A trading system is a collection of technical trading rules that could enhance an investor’s decision accuracy and predictive power in buying or selling a security or a commodity future contract. For optimum performance and profit, a trading system helps an investor buy or sell a security at some specific price at a particular time. Performance is the net profit gained by an investor after liquidating all his or her holding positions.
Product Details
- Amazon Sales Rank: #2585875 in Books
- Published on: 2009-01-23
- Original language: English
- Binding: Paperback
- 132 pages
Editorial Reviews
About the Author
Dr. Ned Gandevani is a professional trader and developer of the renowned Winning-Edge Systems. He authored the trading- psychology book “How to Become a Successful Trader.” The Trading Personality Profile: Your Key to Maximize Your Profit with Any System. He teaches Finance and Management graduate courses at Harvard University.
Customer Reviews
A must read for the serious trader!
Dr. Gandevani’s book “Trading Systems as a Determining Factor in trading Performance” takes an in depth look through his scientific research, the relationship between traders and trading systems. He proves that traders are much more suited to perform better in the markets if they utilize a well proven system or methodology. However, due to cognitive error and psychological slip ups, the trader doesn’t follow the systems every signal even though the system has a proven track record. For the first time, Dr. Gandevani has given us a book which essentially describes in great scientific detail that humans will always interfere with the performance of any system or methodology in the markets, thus creating pitfall towards success. This book is a must read for the serious trader who can identify with the results he has proven. ZK