Long-Term Secrets to Short-Term Trading -- Contents -- Acknowledgments -- INTRODUCTION You Are Already a Commodity Trader -- My Most Important Market Belief -- The Beginning of My Career as a Speculator -- The Ride of a Lifetime -- CHAPTER 1 Making Order Out of Short-Term Chaos -- How I Learned about the Market -- Charting the Market -- The Nonrandom Market -- Understanding Market Structure -- Market Structure Will Never Change -- Short-Sell Pattern -- Target Time and Trailing Stops -- Recap -- CHAPTER 2 It's a Question of Price and Time -- All You Will Ever Need to Know about Cycles -- The Natural Cycle of Range Change -- Where the Trend Is with You-The Second Power-Play Price Pattern -- Recap -- CHAPTER 3 The Real Secret to Short-Term Trading -- It's All about Time -- Bankrolling Hotshot Traders -- Proving the Point -- How to Make the Most Money -- Recap -- CHAPTER 4 Volatility Breakouts-The Momentum Breakthrough -- Simple Daily Range Breakouts -- A Look at Volatility in the S&P 500 -- Separating Buyers from Sellers to Find Volatility Using Market Swings -- Results -- One Step Further -- Recap -- CHAPTER 5 The Theory of Short-Term Trading -- What Is Wrong about the Information Age -- E. H. Harriman's Rule of Making Millions -- Recap -- CHAPTER 6 Getting Closer to the Truth -- The Market Is Not a Coin Flip: Random Walk or Cootner versus Cohen (Cohen Wins) -- Gold TDOM Study -- Bond TDOM Study -- Monthly Road Maps -- Recap -- CHAPTER 7 Patterns to Profit -- The Common Element -- The Questions to Ask -- My Smash Day Patterns -- How to Use Smash Day Patterns -- Specialists' Trap -- A Vital Note-This Works on Shorter Time Frames as Well -- Oops! This Is Not a Mistake -- S&P Oops! Trading -- Recap -- CHAPTER 8 Separating the Buyers from the Sellers -- Greatest Swing Value -- Stock Index Trading with Greatest Swing Value -- Some Pointers -- Recap.

CHAPTER 9 Short-Term Trading from a Quote Screen -- How a Quote-Screen Trader Makes Money -- Swing Points as Trend Change Indication -- The Three-Bar High/Low System -- A New Indicator for Short-Term Traders: Willspread -- Willspread and the S&P 500 Stock Index -- Recap -- CHAPTER 10 Special Short-Term Situations -- Month-End Trading in Stock Indexes -- Target Months -- Making It Better -- Month-End Trading in the Bond Market -- Getting Specific -- Better and Better -- A Time to Sell -- Recap -- CHAPTER 11 When to Get Out of Your Trades -- CHAPTER 12 Thoughts on the Business of Speculation -- Exits before Entries -- What Speculation Is All About -- It's about Time -- Essential Points about Speculation -- Recap -- CHAPTER 13 Money Management-The Keys to the Kingdom -- Most Traders Use a Hit-and-Miss Approach -- Approaches to Money Management-One Is Right for You -- The Good, the Bad, and the Ugly of Money Management -- Looking in New Directions, Drawdown as an Asset -- Back to Ralph: 2011 Money Management Breakthrough -- The Kelly Ratio Mirage -- Recap -- CHAPTER 14 From Kennedy to Obama, Thoughts from 50 Years of Trading -- Trading and Collecting Honey -- Low-Hanging Fruit -- Look before You Leap -- Remember the Game Called Pick Up Sticks -- And It Can Get Worse by Far . . . -- Lock-Up Time -- Enough on Greed . . .Now Let's Deal with Fear -- Running, Trading, and Losing -- Doing the Wrong Thing . . . It's So Easy, Isn't It? -- It's Not the Trade, It's the Battle -- The Art of Fly-Fishing Revisited -- Fear and Greed, Looking Them in the Face Again -- Why Most Traders Lose Most of the Time -- A Review of Losing Trades Showed That -- The Number One Reason We Lose Money Trading -- The Most Important Trading Belief You Have -- The Worst Dog I Ever Had Cost Me the Most -- Athletics Are Such a Parallel to Trading.

What Causes Stock and Commodity Market Trends -- How to Measure the Public versus the Pros -- Folks, It Just Can't Be Done -- The Rush of Trading -- Beating Them to the Punch -- It's Just Over My Head -- I Looked Fear and Greed in the Face -- The Show Must Go On -- Broken Noses, Cauliflower Ears, and Bad Trades -- Learning How to Lose Money -- Hillary, High Hopes, and Heartaches -- Nervous Nellies-Heaven Bound -- Secrets of System Developing and Trading -- The Difference between Winners and Losers -- Recap -- CHAPTER 15 Just What Does Make the Stock Market Rally? -- Logic 101 -- These Words Are My Bond -- A Look at Data A and Data B -- Let's Break Some Bad Habits -- How to Break Bad Habits -- Comments on Setting Stops-Dollar Loss and Unpredictability -- An Overview of How I Trade -- My Trading Strategy . . .How It Works -- Recap -- CHAPTER 16 Hard Facts about a Very Hard Game to Win -- It Is Just Like Life -- Maybe You Are Not Cut Out for This . . . -- You Are in a Tough Spot . . . -- But There's a Little Bit More . . . -- In Closing -- Index.