Fly Fishing the Stock Market: How to Search for, Catch, and Net the Market's Best Trades

Introduction

There is an opposition in all things: summer and winter, buyers and sellers, rich and poor, strong and weak, amateurs and professionals, big fish and little fish, the hunter and the hunted.

The native trout ecosystem is just like the stock market. You find opposition in both—as well as imbalance, passivity, and aggression. Survival of the fittest is their common theme—a natural selection of those who have mastered the art of discernment and who understand the ever-present angles of deception.

If you have fished before, you may have experienced one of those surreal moments of being at the right place at the right time, fishing with the right fly, when you can do no wrong. In moments like these, nearly every cast catches fish. From setting the hook to playing the drag to the gentle retrieval into your net for a trophy picture, everything seems to go right.

Likewise, if you have traded before, you may have experienced casting several successive long or short trades in a nervous market, finding that you were able to calmly enter a trade, then proceeding to squeeze as much profit out of it as the market was willing to give before exiting with a spectacular gain.

Such nice catches seldom occur by coincidence or luck. When you examine them, you discover a harmonious alignment of patterns that leads to success in such instances.

I wrote this book to help you recognize such synergistic set-ups and take advantage of them. Fly Fishing the Stock Market alerts you to the correlations ...