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Marketfy Maven And UndergroundTrader Co-Founder Jea Yu On His Latest Book, "Way of the Trade"

Marketfy Maven And UndergroundTrader Co-Founder Jea Yu On His Latest Book, "Way of the Trade"

Jea Yu, the man behind the Morning Profit Maker service on (which was designed to capture his proprietary Perfect Storm patterns within the first 90 minutes of the trading day to generate a consistent morning income stream for members), recently celebrated the release of his fourth book, Way of the Trade: Tactical Applications of Underground Trading Methods for Traders and Investors.

Yu told Benzinga that he wrote the book to provide traders with a thorough understanding of the intricacies of the perfect storm. Some of the highlights include:

  • 100 full-color charts.
  • In-depth details on the stages and types of a perfect storm.
  • Ste-by-step instructions on how to track and monitor the storm.
  • Sequences on how to familiarize yourself with stocks.
  • Intricate details on qualitative analysis.
  • Finding value in a company
  • How to heal yourself and prevent future breaks.

"Some people can read a book and it makes sense, other people have to see [a visual]," Yu said of his decision to include the online video course. He hopes that both pieces will allow users to learn his techniques more easily.

"People say you can't bring a knife to a gunfight," said Yu, who also co-founded "That's fine. But the market is not a gunfight. The market is a battlefield."

Indeed, the market can be a brutal place. Between Way of the Trade and Morning Profit Maker, Yu hopes to arm investors with an arsenal that prepares them for whatever lies ahead.

"The separation of church and state -- [that's like] the separation of a company and its stock symbol," said Yu. "A stock's price is almost 70 percent of a stock's movement, [which] is going to be more so because of the correlation to the macro market indexes, futures, its sector peers, and maybe 30 percent due to the individual company itself. Then when earnings comes out you'll get the correlation…but shortly after that it's right back to correlation with the benchmarks with the S&P 500, with its peers, within the sector."

That, Yu said, is what they call "systemic risk."

If the overall market is collapsing, the stocks within that market are likely to collapse as well, Yu warned.

Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this report.

Louis Bedigian is the Senior Tech Analyst and Features Writer of Benzinga. You can reach him at 248-636-1322 or louis(at)benzingapro(dot)com. Follow him @LouisBedigianBZ

Posted-In: Jea Yu Marketfy Marketfy.comMovers & Shakers Success Stories Trading Ideas Interview General Best of Benzinga


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