Joe Di Napoli in 1967 graduated from technical college and started trading seriously. It was involved in trade in options. Since 1980 it was also involved in trade in commodity contracts. About 1986 he started addressing audience worldwide, in the main centers in Asia, Europe and in the Middle East.
Joe Di Napoli – the professional trader, the president of the company "Coast Investment Software, Inc."
He most of all prefers intra day trade in the market of market indexes.
Its official education is connected with electric engineering and economy. Its informal education was in "Bunker", so-called the place of the trade which has been fully completed by electronics and the communication equipment.
Joe Di Napoli's exhaustive researches of the moved sliding averages, creation own "A predicting ostsillyator", and in particular its practical and unique method of application of a ratio of Fibonacci to a price axis, do it today to one of the most outstanding experts.
To Dee Napoli taught the methods in the main financial capitals of Europe and Asia, as well as in the USA. Only in 1996 Joe Di Napoli taught the methods to listeners in more than 23 financial centers on all globe. Its articles appeared in various publications according to the technical analysis in the different countries worldwide.
Joe Dinapoli was the coauthor of the book "Tops of Trade in Futures, Lessons of Masters" in 1990 which was recognized by the book of year. Its most considerable work to this day is the book "Trade with Use of Levels of Dee Napoli" which became the standard for students on Fibonacci's trade methods. The part of trade methods of Dee Napoli as he claims in the book, – doesn't give in to programming.
According to Joe, Without the corresponding psychological training it is impossible to be the successful trader. Trade on analytical system is very difficult, demands huge concentration and self-discipline, though is capable to lead to incredibly favorable ratio of profit/loss. Mechanical trade systems, have low interest of the advantageous auction. Usually they well look on paper, but not in practice.
One of secrets of analytical trade – to realize as much as possible mechanical way. Instead of complaining that this or that system is bad, traders will find system which will work for them.
Trade methods which are used by Dee Napoli, significantly differ from applied by other people. It mixes advancing and late indicators and interacts with the prices, based on this approach. It uses some late indicators as the moved sliding averages and a combination of MACD indicators and Stokhastik for trend definition.
As soon as Dee Napoli is in a trend, it starts using Fibonacci's analysis as the advancing indicator to be positioned within this trend. The last step consists in a capture of the logical purpose on profit.
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