Aiki Trading Trading in Harmony with the Markets

Author: Jeffery Tie
Publisher: John Wiley & Sons
ISBN: 9780470825815
Published In: December 2010
Format: Hardback , 256 pages
Jurisdiction: International ? Disclaimer:
Countri(es) stated herein are used as reference only

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A great reference for all beginner traders.

Aiki Trading will look at a robust method to understand what the market is doing in a specified timeframe. Essentially, markets are either trending up, trending down, or is in sideways or range bound congestion. Chapters are devoted to each of these three conditions, and the concepts are explained in depth. In addition, specific trading strategies will be explored for the different market conditions. These strategies are what I define as high probability, low risk trading strategies that have higher probability of success because it conforms to the nature of how markets behave.

With more than 25 years of experience in financial markets, Jeffery's stock market career began in 1977 with JM Sassoon and continued with Kim Eng Securiti

Press Release

July 23, 2010

Bringing Wisdom from a Martial Arts Dojo to the Trading Floor

Trader and Shikendo instructor, Jeffery Tie, has written a new book that merges the philosophical aspects of martial arts practice with trading in the financial markets. Published by John Wiley & Sons (Asia) Pte Ltd, “Aiki Trading: Trading in Harmony with the Markets” (ISBN: 978-0-470-82581-5) applies the principles and philosophy of aiki, which means “harmony” in Japanese, to investor trading and the mindset required to become a successful trader.

The concept of aiki is best exemplified by the traditional Japanese martial art, Aikido. Like any other martial art, Aikido promotes core values and characteristics essential for both the dedicated martial arts student and the successful trader – Discipline, tenacity, focus and commitment are necessary for both arenas.

Success in trading also requires the understanding and mastery of three critical elements, namely market understanding, money management and a winning psychology. Aiki Trading equips readers with the know-how to:

Assess the perceived strength or weakness of the prevailing market trend and then act in harmony with this understanding. By applying the principles of aiki, the successful trader can visualize himself flowing with the underlying forces that propel the market trend.
Structure a trading plan that merges the knowledge of market behavior with sound principles of risk management in order to control and manage trader’s risk.
Borrow concepts and attitudes from the realm of the martial arts to adopt a winning psychology in trading.

This book is an intriguing read for both the seasoned trader and the aspiring neophyte, offering a fascinating look at combining Eastern martial arts philosophy with trading techniques which will allow traders to overcome their greatest adversary in the markets – themselves.

Foreword.

Preface.

Acknowledgments.

Introduction.

The Philosophy of Aiki Trading.

CHAPTER 1 Aikido.

History.

The Principles and Techniques of Aikido.

CHAPTER 2 Candlestick Charting.

Feudal Japan’s Ethos, and its Impact on the Development of Japanese Candlestick Charting.

The Methods of Aiki Trading.

CHAPTER 3 The Expanded Sideways Range Pattern.

Bulls, Bears, and Turtles.

Observations and Conclusion.

Codifying the Trading Rules for the Expanded Sideways Range Pattern.

The Action Zones.

The Entry Trigger.

Risk and Money Management: The Stop Loss Exit.

Qualifying the Trade.

CHAPTER 4 The Directional Trending Pattern.

Identifying and Trading a Type 1 Trend Pattern.

Planning the Stop Loss Exit.

The Structural Risk.

The Profit Exit Strategy.

Timeframe and the Selection of its Relevant Moving Average Value.

CHAPTER 5 The Successful Breakout.

Managing the Trade.

CHAPTER 6 Using Oscillators.

Relative Strength Index.

The RSI Divergence Signal (or RSI Camouflage Signal).

The Slow Stochastic Oscillator.

CHAPTER 7 Applying Fibonacci Numbers and Ratios in Trade Analysis.

Assessing the Fibonacci Profit Target.

CHAPTER 8 Trade Volume and its Interpretation.

CHAPTER 9 Risk, Money, and Trade Management.

The Learning Phase.

Trading for Profits.

The Preservation of Capital.

Money Management: The Preservation of Our Capital.

Risk Management Combined with the 2 Percent Money Management Rule.

Position Sizing.

Winning Trade Management and the Rule of 3.

CHAPTER 10 On Trading Psychology.

Summary.

Beliefs About Success.

Market Understanding.

Risk Management, Money Management, and Trade Management.

Winning Psychology.

Index.

Jeffery Tie is a successful trader and trainer with more than 25 years of experience in financial markets. His stock market career began in 1977 with JM Sassoon and continued with Kim Eng Securities.
In 1997, Jeffery joined Refco Singapore where he developed new expertise in international futures markets and foreign exchange.
Jeffery's experience and training at stock broking and futures broking enhanced his understanding of technical analysis and trading. This expertise was augmented by his association and friendship with a well known fund manager and trading coach.
Jeffery's proficiency in technical analysis was recognized by the Singapore Exchange (SGX) who invited him to its panel of educators where he consistently gets very positive feedback from attendees of his seminars and
courses. Jeffery has spoken to international audiences in Singapore, Jakarta, Mumbai, and Sri Lanka.
Jeffery is also an instructor registered with the International Shinkendo Federation (ISF), an organization that promotes Japanese swordsmanship and martial arts. This interest has allowed him to notice the similarity in the
philosophy of martial arts and the philosophy of trading.
Jeffery joined CMC in April 2007 where he was responsible for the content and presentation of CMC's educational programs.
He currently focuses on both trading and conducting technical analysis courses and workshops with the SGX and the Financial Training Institute@SMU.