Trend Trading: Timing Market Tides - Hardcover

Brown, Kedrick

Hardcover

ISBN 10: 0471980218 ISBN 13: 9780471980216

Publisher: Wiley, 2006

Synopsis

Written in a straightforward and accessible style, Trend Trading teaches you how to trade equity trends with sound money management discipline, from the individual stock level to the whole portfolio level. Tailored to investors who want to use elements of trend following strategies in their equity portfolios, Trend Trading presents unique investment tools and advanced technical analysis methods in simple, commonsense terms.

About this title

From the Inside Flap

Trend following has proven itself to be an extremely profitable long-term trading strategy in the futures markets. This book will show you how to adapt select characteristics of this powerful trading style to successfully trade equity trends.

As a private investor with more than eight years of professional equity trading experience, author Kedrick Brown knows what it takes to succeed in today's highly volatile markets. And now, with Trend Trading: Timing Market Tides, he shares his considerable market experience with you--by explaining in detail how to trade equity trends in the real world.

Written in a straightforward and accessible style, Trend Trading teaches you how to trade equity trends with sound money management discipline, from the individual stock level to the whole portfolio level. Tailored to investors who want to use elements of trend following strategies in their equity portfolios--without spending a fortune on the expensive research systems used by large firms--Trend Trading presents unique investment tools and advanced technical analysis methods in simple, commonsense terms.

Divided into two comprehensive parts, this valuable resource contains:

• Methods for timing trades in individual stocks based on the price action of external indices or stocks
• Unique technical analysis methods like stochastic averaging--which enables you to analyze the trending behavior of a group of stocks
• Information on specialized ways to apply trend following techniques--such as using them to rotate from an investment in one financial instrument to another
• Powerful position sizing tools that you can apply to individual or multiple stocks
• Detailed discussions of the elements necessary to succeed as a trend trader

By following the concepts outlined in this book, you'll greatly increase your understanding of exit timing, position sizing, and the entire trade planning process, freeing up more time to maximize your trading edge by focusing on instrument selection and entry timing.

Filled with in-depth insights, expert advice, and real-world examples, Trend Trading provides you with easy to apply ideas about how to take more control over the investment process and better manage your risks when trading. With this book as your guide, you'll be ready to enter the markets with confidence and exit with profits.

From the Back Cover

Praise for TREND TRADING

"Trend Trading provides a bedrock foundation for anyone who would seek to build wealth in the stock market. The author carefully explains his disciplined and methodical approach in terms that even a complete novice can understand. But the book is not just for beginners, and I would have no qualms about handing over my savings to a money manager who practices the techniques that it so meticulously describes. For that reason, I recommend it not just for fledgling investors but to any money manager or financial advisor who is looking to improve his or her performance."
―Rick Ackerman, Editor, Rick's Picks

"Most learn to trade stocks through trial and error. The only way to hasten the learning curve is to learn from the real-life experiences and knowledge of successful traders who've traveled down the same road. This book provides that opportunity!"
―Charles E. Kirk, The Kirk Report

"Kedrick Brown is a true Wall Street professional who has done battle in the trenches during some of the most turbulent times the market has ever seen. This book gives unique access into the thought process and mindset of how a market insider approaches the game. It applies the proven concept of 'trend following' to the equity markets in a simple and straightforward manner easily understood by investors of all levels of sophistication."
―Neal Berger, President, Apogee Asset Management, LLC

"A must-read for anyone who is serious about trading financial markets."
―Justin Evans, Founding Partner, Evans Capital Management

"Trend Trading is an insightful tool that can be used by all investors regardless of your individual strategy. No matter what the philosophy, if there is not a trend after you buy, then you will not be able to sell at a higher price."
―Calvin R. Stamps, Managing Partner and Portfolio Manager Bretwood Capital Partners, LLC

Edition details

• Publisher: Wiley
• Publication date: 2006
• ISBN 10: 0471980218
• ISBN 13: 9780471980216
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 240