Skip to main content

The Big Trade: Simple Strategies for Maximum Market Returns

The Big Trade: Simple Strategies for Maximum Market Returns

Peter Pham

ISBN: 978-1-118-49899-6

Nov 2012

224 pages



A powerful, profitable, and elegantly simple system for traders

Markets can be extraordinarily complex, and unfortunately most trading systems are too. The Big Trade presents a new system that helps filter out the noise. It leaves behind only meaningful signals you need to listen to in order to make profitable trades. Employing simple math and charts, it codifies the past behavior of traders in your favourite stock to assist you to recognize high probability trading patterns.

Peter Pham's system breaks with traditional analytical tools and rejects the theory of predictability. Instead, it lets traders understand both how markets are structured and how they behave. The result is a simple action plan that is as effective and applicable for day traders as it is for generational investors. Blending his personal story and analytical techniques, The Big Trade guides traders of all experience level to find the probability that a stock price will rise or fall in a particular time period.

The Big Trade:

  • Gives traders a powerful, yet simple trading methodology
  • Was written by a trader with twelve years of both buy and sell side experience in global equities trading
  • Is appropriate for most styles of trading, including institutional investing and day trading

For traders who want a universal approach that works for any market at any time, The Big Trade offers a new and effective methodology for successful trading without gimmicks or magic formulas.

Acknowledgments xi

Preface xiii

Chapter 1 Breaking with Tradition 1

Then I Got High 1

Training Sequence 5

Technical Difficulties 8

Reading Is Fundamental 17

Inductively Coupled Failure 19

The Big Trade 22

We’re Getting the Band Back Together 23

Summary 26

Chapter 2 The Conditions of Change 27

Livin’ on the Edge 27

Closing Time 31

The Outsiders 36

Living Day to Day 38

Sold to the Highest Bidder 42

Breaking It Down 49

Finites Move in Infinite Markets 55

Summary 61

Chapter 3 Wax On, Wax Off 63

What Goes Around Comes Around 63

It’s Always Noon Somewhere 71

Opening Range Jitters 77

Objects in Motion 84

Summary 89

Chapter 4 As the Market Turns . . . 91

Subconscious Implications 91

Elephant Walk 95

Breakouts versus Reversals 98

Losing Your Inhibitions 100

Reversal of Fortune 103

Traders Do It with Frequency 111

Rules of Engagement 112

Turn Around and Make Money 116

Heading for the Exits 119

Becoming a Reactionary 125

Summary 126

Chapter 5 The Range Is Your Friend 129

Sideways 129

Waves of Sentimentality 132

Where Are They Now? 135

The Edge of Value 137

The Great One 141

Summary 143

Chapter 6 Closing Arguments 145

Crossing the Great Stream 145

Pressing the Issues 150

The Point of the Journey Is Not to Arrive 153

Summary 156

Appendix A Terms and Definitions 159

Appendix B Trading Examples 163

Appendix C Spreadsheet Examples 181

Appendix D Supporting Data for Nvidia Example in Chapter 4 183

About the Author 187

Index 189