Trend Qualification and Trading: Techniques To Identify the Best Trends to Trade (Wiley Trading) - Hardcover

Little, L. A.

Hardcover

ISBN 10: 0470889667 ISBN 13: 9780470889664

Publisher: Wiley, 2011

Synopsis

Technical analysis expert L.A. Little shows how to identify and trade big market moves

Significant money can be made in the stock market by following big trends. In Trend Qualification and Trading, market technician L.A. Little explains how to identify and qualify these trends to determine the likelihood that they will continue and produce better trading results.

By combining price, volume, different timeframes, and the relationship between the general market, sectors, and individual stocks, Little shows how to measure the strength of stock trends. Most importantly, he demonstrates how to determine if a trend has what it takes to develop into a major move with greater profit potential or if it is basically a false signal.

• Takes a proven technical approach to identifying and profiting from financial market trends
• Shows how to best time entries, when to take profits, and when to exit trades
• Introduces Little's proprietary concept, The Trading Cube, which visually combines time and trend for a given trading instrument

Filled with in-depth insights and practical advice, this guide will help you make more of your time in today's markets by providing an in-depth explanation of how to identify and qualify trends.

About this title

About the Author

L.A. Little is a professional trader and money manager with degrees in Philosophy, Computer Science, Telecommunications and Computer Information Systems. He is the author of Trade Like the Little Guy (available on Amazon.com) and writes regularly for TheStreet.com and RealMoney.com. His work has appeared in numerous publications, on Mad Money with Jim Cramer and through a number of conferences.

His trading experience spans three decades in commodities, stocks, and options. His trading systems were developed over many years with influences from towering figures from the past as well as the present. He focuses upon simplicity and the idea that trading success is not some innate quality but a learned one.

He operates an educational trading website (Technical Analysis Today - tatoday.com) that is rich in technical opinions and literature. There you can find the tools to qualify trend; to follow trend transitions; and to automatically identify anchored support and resistance.

From the Back Cover

Given its undeniable importance to all traders, and its use in most of today's trading tools and systems, understanding the technical concept known as the "trend" is critical to your success whether you're trading soybean futures in Chicago or a solar energy company in China.

Significant money can be made by following the right trends, and now, in Trend Qualification and Trading, market technician L.A. Little explains how to identify and qualify these trends to determine the likelihood that they will continue and produce better trading results.

By combining price, volume, time frames, and the relationship between the general market, sectors, and individual stocks, Little shows how to measure the strength of trends. Most importantly, he demonstrates how to determine if a trend has what it takes to develop into a major move with greater profit potential.

Divided into two comprehensive parts, this reliable resource focuses on a redefinition of trend through qualification, explores the implications of trend qualification, and examines the practical applications that flow from it. Page by page, it examines the classical trend model as well as a proposed neoclassical model which provides the theoretical foundation for both the identification and qualification of trends and then takes that theory and shows you how it relates to the technical decisions of successfully entering and exiting trades.

With qualified trends, a new age of technical analysis has been ushered into the trading consciousness. These trends are apparent in every stock, commodity, and financial trading instrument and have the potential to lead traders down a more profitable path. With this book as your guide, you'll gain a firm understanding of this innovative idea and discover how to incorporate it into your everyday trading endeavors.

So, throw out all those derivative indicators! With trend qualification, swing points, and anchored support and resistance, you can become a consistently profitable trader.

From the Inside Flap

Given its undeniable importance to all traders, and its use in most of today's trading tools and systems, understanding the technical concept known as the "trend" is critical to your success whether you're trading soybean futures in Chicago or a solar energy company in China.

Significant money can be made by following the right trends, and now, in Trend Qualification and Trading, market technician L.A. Little explains how to identify and qualify these trends to deter- mine the likelihood that they will continue and produce better trading results.

By combining price, volume, time frames, and the relationship between the general market, sectors, and individual stocks, Little shows how to mea- sure the strength of trends. Most importantly, he demonstrates how to determine if a trend has what it takes to develop into a major move with greater profit potential.

Divided into two comprehensive parts, this reliable resource focuses on a redefinition of trend through qualification, explores the implications of trend qualification, and examines the practical applications that flow from it. Page by page, it examines the classical trend model as well as a proposed neoclassical model which provides the theoretical foundation for both the identification and qualification of trends and then takes that theory and shows you how it relates to the technical decisions of successfully entering and exiting trades.

With qualified trends, a new age of technical analysis has been ushered into the trading consciousness. These trends are apparent in every stock, commodity, and financial trading instrument and have the potential to lead traders down a more profitable path. With this book as your guide, you'll gain a firm understanding of this innovative idea and discover how to incorporate it into your everyday trading endeavors.

So, throw out all those derivative indicators! With trend qualification, swing points, and anchored support and resistance, you can become a consistently profitable trader.

Edition details

• Publisher: Wiley
• Publication date: 2011
• Language: English
• ISBN 10: 0470889667
• ISBN 13: 9780470889664
• Binding: Hardcover
• Edition number: 1
• Number of pages: 320