In Stop and Make Money How To Profit in the Stock Market Using Volume and Stop Orders, he reveals how to profit from short-term price movements in the stock market―whether you’re buying or selling short―by accurately interpreting price/volume information and effectively employing stop orders to enter and exit positions. With this book as your guide, you’ll quickly discover how to anticipate short-term stock market moves and improve your overall trading activities.
Author’s Introduction:
In the pages that follow we are going to look at a cohesive gathering of tools that can make you money. It is a technical approach to the market, which has only one objective: buying cheaper than you sell. One of the primary tools will be the stop order, hence the title of this book. But that is just a part of the entire technique of trading, which is based on a proper recognition of the importance volume plays in the marketplace. It is a story about trading, not long-term investing.
Never before in history have conditions been more conducive to stock market trading! All the various impediments that traders faced in the past have been either eliminated or reduced to extremely low levels. This has been due to two factors. The first is the development of a free and competitive market, with ever-lower commission rates.
The second factor is the immense leaps in technology that have so radically changed the marketplace. These two factors, in combination, have leveled the playing field to the extent that the trader in rural New Mexico has every advantage that the trader on Wall Street has.
Contents:
- A Pair of Shorts
- Technical Analysis?
- The Market Is Always Right
- Equivolume Charts
- Getting Ready to Trade
- Choosing Your Route
- Power Boxes
- Okay, Let’s Buy
- Stop Orders for Getting In
- Stop Orders for Getting Out
- A Play, Not a Position
- Minding the Gaps
- Tops and Bottoms
- Flags, Pennants, and Rectangles
- Support and Resistance
- Trends and Channels
- Targets
- Ease of Movement and Volume-Adjusted Moving Averages
- Is the Market Going to Go Up or Down?
- The Arms Index
- Market Tops and Bottoms