The Value and Momentum Trader: Dynamic Stock Selection Models to Beat the Market
By Grant Henning (Wiley Trading)
The Value and Momentum Trader is a powerful resource for seasoned traders and investors looking to refine their stock analysis and trading strategies. Grant Henning masterfully combines momentum trading with value analysis, offering a robust system that not only identifies short-term opportunities but also relies on fundamental strength to provide confidence when holding positions longer than anticipated.
This book is geared toward those with some equity market experience but does not require professional-level expertise. Henning shares his personal trading journey, candidly reflecting on his mistakes and thought processes while developing his dynamic trading tools. Each chapter is engaging and thought-provoking, including discussions on trading ethics—a refreshing perspective in an era of corporate greed.
Highlights:
- Momentum + Value: A unique fusion of momentum trading and value analysis, providing a dual-layered approach to stock selection.
- Practical Tools: The book comes with a CD containing an Excel spreadsheet of the trading system, fully unlocked and customizable for your own trading style.
- Hands-On Approach: While you’ll need to input data and potentially adapt the spreadsheet to suit your preferences, the effort is minimal compared to the value provided.
- Ethical Considerations: Raises important questions about trading ethics, offering a reflective take on the practice of trading.
Henning’s system is not only insightful but also practical. Whether you’re a seasoned trader or an intermediate-level investor, this book provides actionable strategies and tools to enhance your trading performance.
With its blend of personal anecdotes, ethical discussions, and a ready-to-use trading system, The Value and Momentum Trader is a must-read for anyone serious about navigating and profiting in today’s stock market.
Key Features of The Value and Momentum Trader
- Innovative Approach to Momentum Trading:
- Introduces a method that merges momentum analysis with value criteria to create a more reliable short-term trading strategy.
- Practical Tools:
- Includes a CD containing an unlocked Excel spreadsheet of the trading system, complete with instructions. The spreadsheet can be customized for personal trading needs.
- Ethical Considerations in Trading:
- Engages readers with thought-provoking questions on trading ethics, contrasting the author’s approach with corporate greed.
- Personal Insights and Anecdotes:
- Shares the author’s mistakes and lessons learned, offering a relatable and engaging reading experience.
- Confidence in Long-Term Positions:
- Highlights how integrating fundamental strength into momentum trades can provide a safety net for trades held longer than anticipated.
- Educational and Engaging:
- Contains thought-provoking chapters filled with real-life scenarios and reflections on trading psychology.
What Makes This Book Stand Out?
- Not Just for Professionals:
While ideal for experienced traders, the concepts are presented in a way that intermediate-level traders can understand and apply. - Customizable Tools:
The included spreadsheet empowers traders to apply the system directly to their portfolios, tailoring it to individual styles. - Balanced Perspective:
Combines technical and fundamental analyses, providing a well-rounded strategy that mitigates risk and enhances returns. - Focus on Ethics:
In an era where profits often overshadow principles, the book’s ethical focus is both refreshing and inspiring.
Who Should Read This Book?
- Experienced Traders: Traders familiar with basic stock market principles but seeking refined tools and strategies.
- Value and Momentum Investors: Those interested in combining value investing principles with momentum-based strategies.
- Ethically Minded Traders: Investors looking for a balanced approach to profitability and ethics.
- Spreadsheet Enthusiasts: Traders who enjoy working with Excel-based tools and customizing their trading systems.
Key Takeaways from The Value and Momentum Trader
- Refined Momentum Strategy:
- Momentum trading gains reliability when complemented by fundamental value analysis.
- Mistakes as Learning Tools:
- Understanding and reflecting on trading errors can lead to improved strategies and outcomes.
- Ethics in Trading:
- Ethical considerations should be integral to trading strategies, balancing profit motives with responsible practices.
- Customization and Flexibility:
- The provided Excel tool empowers traders to adapt the system to their unique trading styles and goals.
- Confidence Through Fundamentals:
- Using fundamental analysis as a fallback provides security in short-term trades that may turn into long-term positions.
FAQs About The Value and Momentum Trader
- Is this book suitable for beginners?
No, this book is more suited for intermediate and experienced traders with a basic understanding of equity markets. - What makes the Excel tool unique?
The unlocked spreadsheet allows users to input their data and modify the system to align with their trading preferences. - Does this book discuss specific stock examples?
Yes, the book includes practical examples, personal anecdotes, and case studies to illustrate key concepts. - How does this book address ethics?
Through thoughtful discussions and examples, the book encourages readers to consider the moral implications of various trading practices. - Is the Excel spreadsheet compatible with all systems?
Yes, the spreadsheet is designed for use on standard desktop and laptop systems.
Why You Should Buy The Value and Momentum Trader
If you’re an active trader or investor seeking a system that combines the best of momentum and value trading, The Value and Momentum Trader is a must-read. The practical tools and ethical perspective set it apart from other trading guides, offering both actionable insights and a thoughtful approach to market participation.
Invest in your trading success today for just ₹99!
