Quantum Trading: Using Principles of Modern Physics to Forecast the Financial Markets 1st Edition

Infinite information. Macro, micro news, developments all reduced to a finite concept; mathematics. All can be explained or interpreted when predicting price. Regardless of the market, market conditions and instrument traded, Quantum trading, in conjunction with Gann angles are able to capture the mechanics of the world in a clean manner suitable for human comprehension. If you have ever thought that market dynamics and movement is not just random but a higher law of order in place appears to be in control you are on to something. For those that would like to filter all the noise step back and look at the markets from a macro perspective using a microscope this book and system is for you to explore. Price and time do not live in a vacuum in Quantum trading but isolated rather and their elusiveness brought to a halt. Whether you are a successful trader or novice, this book and system if followed and understood correctly can greatly guide and make you consistently profit in any market traded. Do not wait beat movement to the punch and allow yourself to open your mind and learn from the giants of humanity. Beyond being a great book it is a book of hope if you seek answers and have faith in a universe which while mildly understood appears to be governed by math. Enjoy a great readas well as success trading!!!

A little background: I'm a physicist and an independent investor. I've read many great books from Wiley on trading - how they published this one, I have no clue. The author throws around terms like Einstein's relativity and Quantum Mechanics generously throughout the book. In the first couple chapters he actually makes it sound like he's onto something. I was very interested right up until I got to chapter five and saw the math. I re-read those pages over and over again in disbelief. Want a trading system that bases its entire strategy on the positions of the planets and nothing more? Then this book is for you. I however would have preferred something that actually took information about the stocks/companies into account. I love physics but I'll get my stock advice from a more objective system, not gamble away my hard-earned money on buying/shorting because Saturn is located at 349 deg.Not to mention his mathematics are completely arbitrary. He calculates the "Curvature of P-Space", what he believes coincides with a point of maximum curvature and hence a reversal indicator using the POSITION of a planet. How does this relate to Relativity in any way? The position of a planet is NOT a parameter for calculating the degree of curvature of space, it's mass is. It's position is completely irrelevant. Then there's the "Conversion Factor" a quantized parameter that you apply to the planet's position to get, what he calls, the PSO, used to calculate QPLs and then QPLSHs. It's completely arbitrary. A few words of advice: just because you give ridiculous ideas their own acronyms doesn't make them any less ridiculous. Even Einstein, who had very little interest in finance, would be ashamed of how is ideas were butchered in this work. Not to mention the founding fathers of QM.Basically you should buy this book if you believe that the planets determine the financial markets. The author claims this strategy has been very profitable, if it has he's merely gotten very lucky. His argument for non-locality and entanglement supporting why this strategy (allegedly) works is a load of bull. This is another clear example of someone who has no clue about physics using it to try and justify something completely ridiculous. The system he presents is also completely arbitrary. Which planets should we use? Which conversion factor? Why the 360 deg line spacings? What does any of that have to do with the financial markets?I've never in my life come across a book that I felt was a complete waste of paper and my time. This one is, I can't believe I paid so much for it. To the author: if this strategy works you're lucky, nothing more, and you have no clue what you're talking about when it comes to physics or mathematics. To Wiley: shame on you for publishing this trash and putting such a high price tag on it.

Any trader that spends time researching the great traders of the past is bound to come across the name of W.D. Gann. Gann was a legendary trader in the early part of the last century. He became a legend through his many market predictions that would prove to be true, along with the incredible amount of wealth acquired through his methods. Gann was very secretive about his trading methods, and is reported to have been concerned about his image if people discovered his methods. The book Quantum Trading published by Wiley effectively and convincingly suggests turning away from linear two-dimensional thought, and embracing a probabilistic quantum base, which will reap greater rewards for a speculator in the markets.Does reading about sun spots and the possible effects of solar wind on the pricing of the markets give you pause in questioning the source? If you read that high sun spot activity has a correlation to the stock market performing below average and you questioned the source of the so-called "science behind the assertion," you would likely not be alone. When I read something like that, I picture someone in the basement of their home with an Ouija board pulling stock prices out of the air, a method which is without merit. What if I added that it was not a self- described "guru of trading", but rather the Atlanta Federal Reserve that published the results? Having an open mind to new ideas in the way things work in the markets will aid the reader in absorbing the material. It shouldn't be required however, as the entire math and methods of calculation are included within the text.Even with a track record that took from a childhood of poverty as a poor farm boy to one of the richest men in the United States, many today dismiss his methods as more superstition than a true science. With Quantum Trading, Oreste breaks the chains of limitations so many traders put upon themselves through methods and belief they have about the market and how it functions. In a step-by-step technique that is well considered and easy to comprehend, Oreste lays out the processes for calculating each method and indicator. By the end of the book, I understood the concepts and theory of the approach. I found the non-subjective methods used to be highly refreshing in a trading book. So many books on the market do not provide clear and concise rules of entry and exit, allowing for interpretation that is often useless to the reader.In combination with support and resistance lines, the time elements of market prices are incorporated to fulfill the last element needed for market timing of entries. There is a chapter that describes the basics of options (and a little beyond the basics, which is a bonus, as every option trader needs to know the behavior of options and terminology associated with it), along with the advantages and drawbacks to utilizing options as a trading vehicle. What I found particularly helpful to a new trader is not so much the instructions what to do, but of what not to do. Most trading books fail to dedicate insight to all the landmines traders face and how to avoid many of them. Traders by nature are always exploring a new way to catch a mouse, it's part of the job. Simply learning some of the pitfalls without losing any money make the book worth reading.Readers will learn concepts like Gann angles, price and time in equilibrium, price-space-harmonics with quantum properties, theories, and concepts, including Einstein's theory of relativity, in ways that may be useful to traders. The book is well-written (although at times repetitive in terminology), and is obviously produced by an author with vast experience in the trenches of the trading world. The trading experience of Oreste shines through in a mentoring style that leaves the reader with a new and different set of trading tools than they likely had before reading.I am glad I read Quantum Trading, and recommend it to any trader looking for a mechanical, systematic approach to read it as well.