Review Unholy Grails – A New Road to Wealth
by NICK RADGE
Description
In Nick Radge’s “Unholy Grails,” he shows how following market trends aimlessly can result in one’s downfall when investing in the financial market. In “Unholy Grails,” Radge attempts to break away from the line and assess what every investor was doing and analyzing their habits when shown financial data. Focused mostly on momentum investing, “Unholy Grails” doesn’t shy away from other popular investment strategies and also documents them in this book. “Unholy Grails” breaks the mold of outdated and popular methods of investments and provides readers with the ones that truly work.
About the Author
Nick Radge was born in Sydney, Australia. Nick began trading in 1985. During a stint working for an investment bank in Singapore, Nick dedicated his evenings testing trading strategies, 2 hours a day for 18 months, a total of at least 750 hours. Nick’s first book, Every-Day Traders (John Wiley & Sons Australia Ltd, 2003), was written to identify the traits of successful traders. What do successful traders do that is different from other traders? In Adaptive Analysis for Australian Stocks (John Wiley & Sons Australia Ltd, 2006) and re-published by Radge Publishing as an eBook, Adaptive Analysis for Stocks, in 2014, Nick shows his readers how to use price action to make the most of their winning trades and, often, more importantly, to quickly recognize a losing trade and exit their position. After the GFC, Nick realized that a new approach to trading and investing was required. Old fashioned ‘buy and hold’ strategies used by the majority of fund managers and financial advisors simply did not work, and the clients were the ones paying for the mistakes. In Unholy Grails – A New Road to Wealth, Radge outlines simple strategies to make money during uptrends and how to defend capital when the markets turn down. Nick is a Director at The Chartist, a stock market advisory service based in Queensland, Australia.
Table of Contents
The book presents the following key points:
• The philosophy behind momentum investing
• How to create a positive expectancy from your strategy
• Eight fully disclosed and robustly tested investment plans
• Proof of concept from 6 years of indicative real-time performance results
• Interviews with investors who use momentum strategies with success
• Essential investment tips and tricks