Description
Taylor & Francis Ltd Technical Analysis of Stock Trends 2018 Edition by Robert D. Edwards, John Magee, W. H. C. Bassetti
Technical Analysis of Stock Trends helps investors make smart, profitable trading decisions by providing proven long- and short-term stock trend analysis. It gets right to the heart of effective technical trading concepts, explaining technical theory such as The Dow Theory, reversal patterns, consolidation formations, trends and channels, technical analysis of commodity charts, and advances in investment technology. It also includes a comprehensive guide to trading tactics from long and short goals, stock selection, charting, low and high risk, trend recognition tools, balancing and diversifying the stock portfolio, application of capital, and risk management. This updated new edition includes patterns and modifiable charts that are tighter and more illustrative. Expanded material is also included on Pragmatic Portfolio Theory as a more elegant alternative to Modern Portfolio Theory; and a newer, simpler, and more powerful alternative to Dow Theory is presented.This book is the perfect introduction, giving you the knowledge and wisdom to craft long-term success. Table of Contents : Part I: Technical theory1. The technical approach to trading and investing2. Charts3. The Dow Theory4. The Dow Theory's defects5. Replacing Dow Theory with John Magee's Basing points Procedure6. Important Reversal Patterns7. Important Reversal Patterns: continued8. Important Reversal Patterns: the Triangles9. More important Reversal Patterns10. Other Reversal phenomena11. Consolidation Formations12. Gaps13. Support and Resistance14. Trendlines and Channels15. Major Trendlines16. Technical analysis of commodity charts17. A summary and concluding commentsPart II: Trading tactics18. The tactical problem19. The all-important details20. The kind of stocks we want: the speculator's viewpoint21. Selection of stocks to chart22. Selection of stocks to chart: continued23. Choosing and managing high-risk stocks: tulip stocks, Internet sector, and speculative frenzies24. The probable moves of your stocks25. Two touchy questions26. Round lots or odd lots?27. Stop orders28. What is a Bottom and what is a Top?29. Trendlines in action30. Use of Support and Resistance31. Not all in one basket32. Measuring implications in technical chart patterns33. Tactical review of chart action34. A quick summation of tactical methods35. Effect of technical trading on market action36. Automated trendline: the Moving Average37. The same old patterns38. Balanced and diversified39. Trial and error40. How much capital to use in trading41. Application of capital in practice42. Portfolio risk management43. Stick to your guns