In The Art of Trend Trading, bestselling author and former infomercial trading star Michael Parness delivers a surprisingly deep and methodical approach to trading trends in the financial markets. Drawing from his own rags-to-riches trading story and years of experience mentoring thousands of retail traders, Parness goes beyond theory to show readers how to develop a psychological and strategic edge in trend trading.
This book isn’t just about identifying a bullish chart—it’s about cultivating the mental framework, the rules, and the tools that allow traders to ride trends confidently and profitably. Parness introduces his personal trend trading system, blending technical analysis, emotional discipline, and real-world examples of both success and failure.
From understanding animal spirits in market psychology to refining entries and exits, this is a practical playbook for traders seeking consistent profits without the stress of short-term noise. Whether you’re new to trading or a seasoned veteran, Parness’s straightforward style and actionable advice will sharpen your edge.
✅ What You’ll Learn
- The psychology of market participants and how to align with dominant emotions
- How to develop and apply a trend trading strategy across different timeframes
- Keys to emotional control, discipline, and consistency
- How to identify trade-worthy trends and avoid choppy markets
- Real-world case studies from Parness’s own trading journey
- Techniques for minimizing risk while maximizing gains in strong trends
💡 Key Benefits
- Learn a trading style that aligns with market flow, not against it
- Gain insight into your emotional biases and how to correct them
- Build a complete trend trading plan tailored to your strengths
- Get inspired by Parness’s personal evolution from beginner to expert
- Apply practical lessons that work across stocks, ETFs, and more
👤 Who This Book Is For
- Beginner and intermediate traders looking for a trend-based strategy
- Traders who struggle with overtrading and emotional discipline
- Swing traders and position traders seeking more consistent entries
- Fans of Parness’s earlier works or those familiar with trend psychology
- Anyone who wants to simplify their trading and focus on high-probability moves
📚 Table of Contents:
- Welcome to the Animal Kingdom
- Trading Is About You
- The Psychology of Markets
- Trading for a Living
- The Trend Trading Plan
- Setting Up Your Trading Day
- Entry Signals and Timing
- Exit Strategies and Profit Targets
- Risk Management and Trade Sizing
- Lessons from the Trading Trenches
- Avoiding Catastrophic Losses
- Your Path to Profits