Michael S. Jenkins – Day Trading For 50 Years
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Course Description
Michael S. Jenkins’ eBook, “Day Trading For 50 Years,” provides a thorough guide to day trading, drawing on decades of experience. With 23 detailed chapters, it delivers valuable insights suitable for both beginners and experienced traders.
Key Highlights of the Book
Chapter 1 – My Philosophy of Trading
Jenkins sets the stage with his trading mindset and principles, emphasizing the importance of a robust trading philosophy.
Chapter 2 – Basic Starting Principles
Foundational concepts essential for understanding the core mechanics of day trading are introduced here.
Chapter 3 – 360 Degree Measured Move Vectors
This chapter explores a technical analysis tool, teaching readers how to interpret potential market movements.
Chapter 4 – Squaring the Circle
Jenkins combines geometric concepts with trading analysis, offering a unique perspective on price action.
Chapter 5 – Retracements
The focus here is on pullbacks, detailing their role in identifying trade entry and exit points.
Chapter 6 – Trend
This section dives into trend analysis, providing strategies to identify and capitalize on market movements.
Chapter 7 – Secret to the Impulse Bar
Jenkins shares how to interpret impulse bars and use them for informed trading decisions.
Chapter 8 – Momentum & Angles
This chapter links price momentum and angles, offering tools to assess the strength and direction of trends.
Chapter 9 – Trading Strategy in Practice
Practical applications of earlier concepts are illustrated here, giving readers actionable strategies.
Chapter 10 – Time & Price Squared
Jenkins introduces time and price alignment, improving the timing of trading decisions.
Additional Topics Covered
- Tape reading
- Stock selection
- Seasonal cycles
- Market-generated cycles
- Options trading
The book concludes with an epilogue, reflecting on the broader themes covered, ensuring readers leave with practical knowledge and thoughtful insights about day trading.