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Llinares dedicates the first third of his methodology to trend identification. He uses a combination of:
The "success" he promises is not about becoming a millionaire overnight. It is about —winning small, losing smaller, and understanding the statistical edge of chart patterns.
The inclusion of futures in his analysis is also significant. Llinares explains the nuances of leverage and the importance of understanding the underlying contract specifications. He warns of the dangers of over-leveraging, which is a common pitfall for novice traders attracted to the futures market.
Use this book as a reference dictionary for chart patterns and indicator basics. Do not treat the specific trading setups as a guaranteed path to wealth in today's algorithm-heavy markets, but respect the timeless principles of risk management and trend following that Linares advocates.
Llinares dedicates the first third of his methodology to trend identification. He uses a combination of:
The "success" he promises is not about becoming a millionaire overnight. It is about —winning small, losing smaller, and understanding the statistical edge of chart patterns. Llinares dedicates the first third of his methodology
The inclusion of futures in his analysis is also significant. Llinares explains the nuances of leverage and the importance of understanding the underlying contract specifications. He warns of the dangers of over-leveraging, which is a common pitfall for novice traders attracted to the futures market. The inclusion of futures in his analysis is also significant
Use this book as a reference dictionary for chart patterns and indicator basics. Do not treat the specific trading setups as a guaranteed path to wealth in today's algorithm-heavy markets, but respect the timeless principles of risk management and trend following that Linares advocates. Use this book as a reference dictionary for