The Geometry Of Stock Market Profits is about Jenkins’ proprietary techniques, with major emphasis on cycle analysis, how he views and uses the methods of W. D. Gann, and the geometry of time and price.
Introduction:
The price of the stock the volume of the shares trading. whether this forms a pattern of accumulation or buying the stock over periods of time. or the process of distribution, selling the stock. Cycles are a particular subset of technical analysis. It is through the use of cycles that we can pinpoint possible highs and lows in the stock market, well ahead of lime, rather than waiting for past history to confirm that we were right. In conventional technical analysis it is the breaking of a trend line or a moving average that tells us something has changed. But in theory, the breaking of a moving average, whether it be 3 days, 5 days or 200 days is based on events that have gone by and you can never predict the final high or the low day with conventional technical analysis.
The Geometry Of Stock Market Profits, as much as it is about making money in the stock market, is a book about philosophy. It is a philosophy about life, about the human condition, about the limited perceptions that human beings have, and about the distortions that are picked up through those perceptions. It is the pure reality of price in the stock market that is the truth that bums through these human perceptions and illusions.
Hopefully by the time you have finished this book you will come to the same conclusions I have, as to what it takes to make money in the stock market. especially the lesson that you must be extremely disciplined, have no subjective judgment and be very objective about taking losses. I have said over and over again, and I sincerely mean it. the only thing easier than making money in the stock market is losing money, and the one thing all professional traders abhor is losses.
To become a professional trader you must learn to cut your losses quickly and at reasonable levels without guilt as to whether you were right or wrong. There is no right or wrong in the stock market, there is only the reality or price of profit or loss.
Contents:
- Introduction to Cycles
- Why Technical Analysis
- Charts
- Theory of Geometry
- The Hourly Chart
- Proportion and Harmony
- Trading Basics
- Impulse Waves
- Trading Options
- Cycles
- What is a Professional?
- Professional Trading
- Common Sense Trading Rules
- Ten Trading Tips to make you Rich
- Comments on Fundamentals and Economics
The Geometry of Stock Market Profits By Michael S. Jenkins PDF