[O980.Ebook] Free Ebook The Spec-K Trading System, by Kevin Morgan

Free Ebook The Spec-K Trading System, by Kevin Morgan

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The Spec-K Trading System, by Kevin Morgan

The Spec-K Trading System, by Kevin Morgan



The Spec-K Trading System, by Kevin Morgan

Free Ebook The Spec-K Trading System, by Kevin Morgan

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The Spec-K Trading System, by Kevin Morgan

The Spec-K trading system is a unique and comprehensive methodology for stock trading. Its methods provide consistent profitability, low variance, fast compounding of equity, and low risk from emotionally driven trading decisions. It utilizes a unique blend of specific methods that operate together to achieve these objectives.

The system addresses all elements of stock trading, including building and maintaining a watch list of premier stocks for trade consideration, how to identify and enter high probability trades on watch list stocks, how to diversify across multiple trades to decrease variance and increase profit consistency, how to keep your entire trading equity allocated to maximize profits over time, precisely how and when to exit trades in both profit and loss situations, how to adjust trade sizing as trading equity expands and contracts, how to make adjustments for high volatility stocks, how to manage commissions to for minimal impact on average per trade profit, and how to manage the problems of fear and greed through the process of trading.

The Spec-K trading system utilizes the same principles used by casinos to turn gambling operations into a steady and consistent profit generating enterprise. With the Spec-K trading system, you will learn in detail how to operate a trading methodology that also operates as a consistent profit generating process.

Spec-K not a rehash of trading platitudes and standard trade setups. Spec-K utilizes a comprehensive and unique trading architecture that leverages statistical principles to to extract consistent profits from the stock market. It is the result of years of trading system study, construction, analysis and usage.

The theoretical basis of the trading system is fully explained, and the general system principles and practices derived from the theory are addressed. A detailed operating manual for the trading system is presented, with extensive and in depth examples of every element of system operation. Advanced and optional techniques are presented in detail for usage by more active traders.

Spec-K teaches stock selection and trade entry methods rather than prescribing specific stock trades at specific times, enabling it to be sold widely without compromising its utility and value.

Spec-K is supported by an active web site with additional education material, frequently updated real trade examples, and a trader discussion room.

Run your trading as a consistent profitable business: trade the Spec-K way!

  • Sales Rank: #1824747 in eBooks
  • Published on: 2012-08-18
  • Released on: 2012-08-18
  • Format: Kindle eBook

Most helpful customer reviews

4 of 5 people found the following review helpful.
Well crafted book and system for trading stocks!
By dougout
This is a excellent book. Morgan has not only clearly described how to gain an edge in choosing stocks and setting entry and exit points, but has also covered both the quantitative (expected value, odds of success, compounding) and emotional (fear, greed, discipline) contexts that all traders must grapple with.

Morgan's system shows how to choose stocks. This is much better than following a subscription newsletter's picks, where the high-paying subscribers get them first, the low payers next, the free readers get it last and by then the stock is so worked over that if it did have potential, it's gone. Spec-K has ample charts showing desirable patterns as well as what to avoid. Once the stock is chosen, entry and exits are described fully, meaning the system is mechanical and emotions are less likely to sabotage discipline.

As Mark Douglas, the author of The Disciplined Trader, has said (paraphrasing), any trader can make money by 1) having an edge and 2) following it. No system, including Spec-K can guarantee you'll make money, but it gives you all the tools you need to succeed.

2 of 3 people found the following review helpful.
A Complete Trading System
By George
I highly recommend The Spec-K Trading System Book. I have personally paper traded and traded the system live with excellent results.
The book is very well written and is thorough in the description of the trading system details. You can judge for yourself by reviewing
the table of contents which provide the reader with a hint of the quality of the content inside the book.

I believe the Spec-K Trading System will help improve your trading skills. You will learn how to pick high quality stocks for your watchlist.
The profit and loss targets are mechanical, so you are not left to guess the appropriate time to sell.

I have asked the author several questions and he has promptly responded. So, the author is there to provide help, if needed.

Overall, you owe it to yourself to purchase this book if you are interested in a complete trading system.

0 of 0 people found the following review helpful.
While not perfect, I've still given this five stars
By Steve Wadsworth
While not perfect, I've still given this five stars. Why? It is an insightful analysis of trading, and even if the reader chooses to not trade by the Spec-K system the information is valuable. Are you trading in a haphazard fashion? Are you responding to trading results in a way that will help, or hurt? Until you figure out some of the basics, success or failure will be a matter of luck.

That said, the Spec-K system is working for me. I wish I'd paper-traded it slightly longer before "going live" but mostly because I would have missed the worst days for the market in a very long time. Even so, I have no complaints. Spec-K does not eliminate work. Anything that promises profit with no work is a lie. You'll still need to put in effort, and this book provides valuable tools to allow that effort to pay off.

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