Overview
An in-depth look at the trading system that anyone can use
The Logical Trader presents a highly effective, yet simple tradingmethodology that any trader anywhere can use to trade almostanything. The "ACD Method" developed and refined by Mark Fisherafter many years of successful trading, provides price points atwhich to buy and sell as determined by the opening range ofvirtually any stock or commodity. This comprehensive guide detailsa widely used system that is profitably implemented by manycomputer and floor traders at major New York exchanges. Theauthor's highly accessible teaching style provides readers of TheLogical Trader with a full examination of the theory behind the ACDMethod and the examples and real-world trading stories involvingit.
Mark B. Fisher (New York, NY), an independent trader, is founder ofMBF Clearing Corp., the largest clearing firm on the NYMEX. Foundedin 1988, MBF Clearing has grown from handling under one percent ofthe volume on the NYMEX to nearly twenty percent of the tradestoday. A 1982 summa cum laude graduate from the Wharton School ofBusiness, University of Pennsylvania, Fisher also received hismaster's degree in finance and accounting from Wharton.
New technology and the advent of around the clock trading haveopened the floodgates to both foreign and domestic markets. Tradersneed the wisdom of industry veterans and the vision of innovatorsin today's volatile financial marketplace. The Wiley Trading seriesfeatures books by traders who have survived the market's everchanging temperament and have prospered-some by reinventingsystems, others by getting back to basics. Whether a novice trader,professional or somewhere in-between, these books will provide theadvice and strategies needed to prosper today and well into thefuture.
The Logical Trader presents a highly effective, yet simple tradingmethodology that any trader anywhere can use to trade almostanything. The "ACD Method" developed and refined by Mark Fisherafter many years of successful trading, provides price points atwhich to buy and sell as determined by the opening range ofvirtually any stock or commodity. This comprehensive guide detailsa widely used system that is profitably implemented by manycomputer and floor traders at major New York exchanges. Theauthor's highly accessible teaching style provides readers of TheLogical Trader with a full examination of the theory behind the ACDMethod and the examples and real-world trading stories involvingit.
Mark B. Fisher (New York, NY), an independent trader, is founder ofMBF Clearing Corp., the largest clearing firm on the NYMEX. Foundedin 1988, MBF Clearing has grown from handling under one percent ofthe volume on the NYMEX to nearly twenty percent of the tradestoday. A 1982 summa cum laude graduate from the Wharton School ofBusiness, University of Pennsylvania, Fisher also received hismaster's degree in finance and accounting from Wharton.
New technology and the advent of around the clock trading haveopened the floodgates to both foreign and domestic markets. Tradersneed the wisdom of industry veterans and the vision of innovatorsin today's volatile financial marketplace. The Wiley Trading seriesfeatures books by traders who have survived the market's everchanging temperament and have prospered-some by reinventingsystems, others by getting back to basics. Whether a novice trader,professional or somewhere in-between, these books will provide theadvice and strategies needed to prosper today and well into thefuture.
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