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T ENSILE T RADING
The 10 Essential Stages of Stock Market Mastery
Gatis N. Roze
Grayson D. Roze
Cover image: Servikos/Shutterstock
Cover design: Wiley
Copyright 2016 by Gatis Roze LLC and Grayson Roze LLC. All rights reserved.
Published by John Wiley & Sons, Inc., Hoboken, New Jersey.
Published simultaneously in Canada.
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Library of Congress Cataloging-in-Publication Data:
Names: Roze, Gatis N. | Roze, Grayson D.
Title: Tensile trading : the 10 essential stages of stock market mastery /
Gatis N. Roze, Grayson D. Roze.
Description: Hoboken, New Jersey : John Wiley & Sons, Inc., [2016] | Series:
Wiley trading | Includes index.
Identifiers: LCCN 2015051044 | ISBN 978-1-119-22433-4 (hardback); ISBN 978-1-119-22434-1 (ePDF);
ISBN 978-1-119-22435-8 (ePub); ISBN 978-1-119-22775-5 (obook)
Subjects: LCSH: Investments. | Investment analysis. | Speculation. | BISAC:
BUSINESS & ECONOMICS / Finance.
Classification: LCC HG4521 .R779 2016 | DDC 332.63/22dc23 LC record available at
http://lccn.loc.gov/2015051044
For Lydia.
What began in your memory comes to life in your honor.
PREFACE
Listen to what the market is saying about others, not what others are saying about the market.
Richard Wyckoff
T he legendary Warren Buffett once said, You only have to do a few things right in your life so long as you don't do too many things wrong. This simple bit of wisdom quite perfectly captures the essence of the book you have in your hands today. Our goal as the authors of Tensile Trading is to give you the knowledge and understanding necessary to do more of the right things and fewer of the wrong things as you engage the markets.
Our story is unique in that we are a father-son team sharing the secrets of the insider-structured investment methodology we both use to trade the financial markets. This book's candid details were forged from a father's desire to pass on to his son the skills and knowledge gleaned from 25 years of experience as a full-time trader-investor.
We built our message upon our real-world experiences as two independent investors, not institutional money managers. Instead of professionals advising clients or managing other people's assets, we are individuals who are dedicated to educating other investors. Our unfiltered, brutally honest guidance is structured as a comprehensive 10-stage roadmap that we ourselves have put to use every day (). This book addresses each stage in a separate chapter. This all-encompassing investment system is designed to increase your probabilities for consistently profitable investing. It is our belief and experience that only you will have the greatest level of passion for making your assets growit's something no adviser or money manager can match. In fact, as an individual investor, you have a surprising number of significant advantages over institutional money managers. We therefore encourage you not to be seduced by their familiar siren call. They will try to convince you that the game is too complex, too difficult, too time consuming. With the Tensile Trading roadmap before you, their song becomes little more than deceitful persuasion. Trust us, you can do it, you will do it, and we will show you how. We have been amazed to see what people can achieve with discipline and focus, and without the distraction of clients.
Your Roadmap to Success
Novice investors may marvel at the lengthy preparation period needed to invest successfullythat is, the fact that Tensile Trading addresses six foundational stages before even arriving at the buying stage. More experienced investors, however, will recognize the supreme importance of such preparation and the impact these foundational elements have during the later crucial stages of buying and selling equities. These sorts of high-leverage activities provide the building blocks for a profitable, long-term investment system and are invaluable pieces of your asset growth equation.
The road to successful investing is not an easy one. It has no shortcuts or back roads, despite what some may claim. It is paved with emotional hurdles and will challenge your commitment, but that is precisely why we are here with you. With the detailed direction we provide, the emotional control we encourage, and the disciplined focus we advocate, these obstacles will be little more than speed bumps preceding the freedom of the open road.
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