Profiting from long-term trends is the most common path to success for traders. The challenge is recognizing the emergence of a trend and determining where to enter and exit the market. No body is more familiar with this situation than author Tina Logan. Now, in Profiting from Market Trends, she shares here extensive insights in this area with you.
Introduction:
This book will appeal to intermediate-level traders, many of whom, in spite of having some knowledge and experience, struggle to achieve consistent success. They just can’t quite get their arms around it all and get their trading activities running smoothly. If this describes you, I believe you’ll find this instruction provides important pieces of the puzzle that you’ve been missing. For newcomers to the stock market, this book will prove to be invaluable. It will save them a significant amount of time and frustration; and for most, it will save them a lot of money that otherwise would be lost in the marketplace. The biggest danger to beginners is that they’ll lose their capital and/or confidence before they learn what they need to know. And unfortunately, they don’t know yet what they don’t know! Analyzing trends effectively is one of the skills that most novices don’t realize the importance of early in their trading careers; so it is my job to see to it that they acquire this critical knowledge early on.
It took me many years to develop my knowledge. But you can shave several months, and for some of you a few to several years, off your own learning curve by carefully studying, and then applying with discipline, the information presented in this book. I make no apologies for defining technical terms and describing concepts that experienced traders might consider familiar territory. In fact, advanced traders may find parts of this book to be elementary relative to their level of knowledge. My primary audience is beginner to intermediate-level traders, so I feel I must direct my instruction in a manner that assures their understanding of it.
With that said, even highly skilled chartists who read this book should appreciate the painstaking attention to detail and earnest approach to providing important insights for readers of all skill levels. Seasoned technicians understand the value in acquiring at least one helpful trading tip or tool that adds to their knowledge, or helps to make or save them time or money. It can pay for the price of a book, seminar, or other training resource many times over.
This book is broken into two segments, each containing several chapters: Part I: Trend Development and Part II: Putting Trend Analysis to Work. Part I outlines in detail some key tenets of charting, and provides fairly simple yet effective tools and techniques for analyzing trends in general. That is, the information applies to the charts of stocks, indices, sectors, and so on. Those chapters provide the important foundation of knowledge for analyzing trends, which sets the stage for more advanced discussion in the later chapters.
Part II puts those analysis techniques, plus some additional tools, to work demonstrating how to analyze the charts of market averages to help guide your overall trading activities. Chapter 11 includes one of the most extensive case studies you will likely ever come across. It is a detailed analysis of the current bull market, which has been included in order to really drill the information into your brain.
Contents:
- Introduction to Trend Analysis
- Trend Direction
- Trend Duration
- Trend Interruptions
- Early Trend Reversal Warnings
- Later Trend Reversal Warnings
- The Broad Market
- Bull Markets
- Bear Markets
- Monitoring the Market Trends
- Current Bull Market–Case Study
Profiting from Market Trends: Simple Tools and Techniques for Mastering Trend Analysis By Tina Logan pdf