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Opening Price Principle
The Best Kept Secret on Wall Street
by Larry Pesavento? Opening Price Principle · Read More ?
- Format: paperback, 104 pages
- Author: Larry Pesavento
- ISBN: 9780934380706 (0934380708)
- Publisher: Wasendorf & Associates Inc
- Language: english
- Release date: October 1, 2000
About The Book
Traders and books — they seem to naturally go together like peas in a pod. Most of us already have an extensive trading library. Why consider adding this book to your collection? Together, we (Larry and Peggy) have 50 years experience in the markets. We trade the Opening Price Principle every day we are in the markets. It has made us money and saved us money. Why share this principle? We share it because we are committed to teaching traders. If you want to know how we would explain and illustrate the Opening Price Principle and its use to someone sitting with us at our trading desk, then read this book. Better yet, work this book. We only take students who are willing to do the work. That philosophy is reflected in this book. YOU have to do some work. That is the nature of learning and gaining experience and eventually coming to a place of wisdom. We also believe in the Keep It Simple principle. We use simple language, communicate clearly and focus on the real and very practical cons traints every trader faces in today s markets. In short, without sitting beside us watching prices unfold and the Opening Price Principle operate in the market, this book is the closest we can bring you to that ultimate learning experience.
ABOUT THE AUTHOR:
Larry Pesavento is a trading mentor and a thirty year veteran of the Chicago Merchantile Exchange. He supervised Drexel-Burnham-Lambert s Commodity Department in Los Angeles. Larry traded on and off the floor and trained over 200 traders. He is currently a contract trader for a large hedge fund.
Larry seeks to distill and share his thirty years of market experience. His contribution is to teach others the art and science of trading. He is the author of six books on trading and periodically gives seminars on his pattern recognition style of trading.
Peggy MacKay is an avid student of the capital markets and trading. She holds an MBA degree in Finance and for the past six years has traded her own private account. Prior to striking out on her own Peggy spent twelve years on the institutional desk of a large Canadian broker. Peggy works closely with Larry, sharing her ideas and expertise.
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