Profits in the Stock Market

Originally published in 1935, Profits in the Stock Market by H.M. Gartley is one of the most influential and foundational works in modern technical analysis. This legendary volume introduced many of the core principles that later shaped the Dow Theory, Fibonacci analysis, and harmonic trading patterns known today as the “Gartley Patterns.” Written during the formative years of market speculation, the book delivers a comprehensive roadmap for understanding market behavior through price charts, averages, volume, and investor psychology.

Gartley meticulously explains how trends evolve in stages—long-term, intermediate, and minor—and how each can be identified through chart studies and price formations. With over 430 pages and numerous hand-drawn charts, it stands as a monumental reference for traders seeking to master market timing, recognize reversals, and anticipate momentum changes.

Unlike most books of its era, Gartley’s work bridges theory with practice. He demonstrates how to analyze supply-demand zones, trendlines, triangles, moving averages, and gaps—tools that remain indispensable to professional traders. Even decades later, his insights remain relevant to those aiming to read markets through structure and rhythm rather than emotion or speculation. Profits in the Stock Market is not only a trading manual but a timeless guide to disciplined technical interpretation.

✅ What You’ll Learn:

• The complete structure and logic of Dow Theory and its application to long-, intermediate-, and minor-term trends.
• How to identify reversal patterns, accumulation/distribution zones, and key breakout points.
• Detailed methods for drawing and validating trendlines, channels, and triangles.
• The significance of gaps, volume patterns, and moving averages in confirming market direction.
• How to construct and interpret figure charts, breadth-of-market indicators, and comparative group studies.
• The analytical approach that inspired the world-famous “Gartley 222” harmonic pattern.

💡 Key Benefits:

• Master one of the earliest and most complete blueprints of technical trading ever written.
• Learn timeless principles still used by professionals, hedge funds, and algorithmic traders.
• Develop the ability to recognize shifts in market sentiment before major moves occur.
• Strengthen your analytical discipline with proven methods that outlast market fads.
• Gain insight from the original charts that laid the groundwork for modern technical systems.

👤 Who This Book Is For:

This book is ideal for advanced traders, technical analysts, and market historians who want to understand the origins of chart-based trading. It also serves as an invaluable reference for professional investors, educators, and anyone studying the evolution of technical analysis from its original source.

📚 Table of Contents:

• The Technical Approach to the Problem of Stock Trading
• Charts-The Averages
• A Chart Portfolio
• The Long Term and Major Trends
• The Intermediate Trend
• The Minor Trend
• The Tenets of the Dow Theory
• Tops and Bottoms, Supply and Demand Areas, Reversals
• Triangles
• Trend Lines
• Moving Averages
• Gaps
• Net Change Oscillators
• Volume of Trading
• Breadth-of-the-Market
• Figure Charts
• Comparative Group and Stock Studies (Selecting the Right Stocks)
• Profits in the Stock Market (Summary)

Profits in the Stock Market By Harold M. Gartley (H. M. Gartley) PDF