Análisis Técnico: Cómo operar con éxito en acciones y futuros
To operate with "exito" (success), Llinares often focuses on a streamlined set of tools rather than "indicator soup": Análisis Técnico: Cómo operar con éxito en acciones
To operate successfully:
If you want to understand the market moves in waves and how to position your stop loss so you survive until the next big trend, this PDF is essential reading. It is particularly excellent for futures traders who struggle with leverage management, as Llinares treats futures with the respect (and fear) they deserve. He specifically targets strategies with a success rate
Unlike encyclopedic texts like John Murphy’s "Technical Analysis of the Financial Markets" , Llinares’ manual is dense and focused. He specifically targets strategies with a success rate higher than 50%, claiming that anything less is no better than "throwing dice". His emphasis on —understanding when to buy it and when to sell it—is a critical component for anyone looking to master the derivatives section of the book. Accessing the Knowledge Amazon.com Llinares’ manual is dense and focused.
Don't trade based on "feel." Use a backtested system.