The Secret Science of Price and Volume: Techniques for Spotting Market Trends, Hot Sectors, and the Best Stocks - Hardcover

Ord, Tim

Hardcover

ISBN 10: 047013898X ISBN 13: 9780470138984

Publisher: Wiley, 2008

Synopsis

In The Secret Science of Price and Volume, leading market timer Tim Ord outlines a top-down approach to trading―identifying the trend, picking the strongest sectors, and focusing on the best stocks within those sectors―that will allow you to excel in a variety of markets. With this book as your guide, you’ll quickly become familiar with Ord’s proven method and discover how it can be used to make more profitable trading decisions.

About this title

From the Inside Flap

Price and volume analysis is a proven way to trade the markets. Pioneered by Richard Wyckoff during the early decades of the twentiethcentury, this technique continues to produce consistent profits for many practitioners.

Over the course of his successful career, leading market timer Tim Ord has developed a distinct understanding of this discipline and built a winning trading strategy around it. Now, with The Secret Science of Price and Volume, he looks to share his invaluable insights with you.

Written in a straightforward and accessible style, The Secret Science of Price and Volume outlines a top-down approach to trading that will allow you to make the most of your time in a variety of markets--from stocks to commodities. With this book as your guide, you'll quickly become familiar with Ord's time-tested method and discover how it can be used to make more profitable trading decisions.

Step by step, you'll learn how to:

• Gauge the sentiment of a market to determine if the trend is bullish or bearish, and whether a possible high or low is nearby

• Evaluate breadth, volume, and momentum in order to identify triggers to enter the market

• Find the best performing sectors that are aligned with the market

• Select the strongest stocks within those sectors

Ord also illustrates various techniques for identifying trade setups, concentrating on the volume within a specific index or issue. Using these tools, he shows you how to "listen" to what the market is saying and move in concert with it, rather than making random trades based on one signal, a hunch, or rumors. Rounding out this detailed discussion, Ord replicates the sequence of steps you should take to create a successful game plan for winning in the market.

By tackling the markets from the top down--identifying the trend, picking the strongest sectors, and focusing on the best stocks within those sectors--you can capture high returns with low risk. The Secret Science of Price and Volume will help you to do this and much more, as it details a practical way to make better trades.

From the Back Cover

Praise for The Secret Science of Price and Volume

"Tim Ord has done a great job on this book. Covering the full scope of what an investor/trader needs to know, it is an easy read and is loaded with illustrations. I was particularly pleased with his discussions on top-down analysis, 'putting the market wind at your back,' a subject that traders very often ignore."
―Carl Swenlin, President and founder, DecisionPoint.com

"Richard Wyckoff revisited: I have followed Tim Ord since the Fall of 1998―about the time I started Hamzei Analytics. I have read his e-mailed report every day around 2 p.m. PST, and often it has given me an angle that I had missed in my own price, volume, and sentiment analyses. (I was so impressed with Tim's work over the years, that I asked him to contribute a chapter to my own book―Master Traders.) Now Tim has written this fantastic book, and the full picture is complete. I seldom endorse others, but in this case, I must recommend this book to every serious student of our capital markets."
―Fari Hamzei, founder, Hamzei Analytics, LLC, and author of Master Traders: Strategies for Superior Returns from Today's Top Traders

"Tim has outlined a truly useful approach to the market. All investors, not just stock investors, can make use of the specific tools that Tim gives us in his work. It's a very readable book that shows how Tim went from 'one of us' to become the 'Oracle.'"
―Jason Goepfert, President, www.SentimenTrader.com

"Timothy Ord is one of the great stock market technicians of the twenty-first century. He is extremely well read and builds on the work of others to develop his outstanding approaches to trading stocks, the stock market, and gold. No serious trader should be without this book!"
―Christopher Cadbury, General Partner, Cadbury Asset Management, and Publisher of the Cadbury Market Timing Service

Edition details

• Publisher: Wiley
• Publication date: 2008
• ISBN 10: 047013898X
• ISBN 13: 9780470138984
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 208