Prechter's Perspective gives you an inside look at the man named "Guru of the Decade" after winning the U.S. Trading Championship with a record 444.44% profit.
Prechter's Perspective compiles actual trading knowledge from a career that took Bob Prechter three decades to build. You'll get Bob's thoughts on how Fibonacci ratios can help you time the markets and when to use risk-limiting stops. You'll get his tips on ruling out emotional tendencies and using discipline to keep the markets in your favor.
This book gives you lots of detail about the markets over the last 25 years, but it's more than just a history lesson. Bob also teaches you about how the Wave Principle applies to anticipating the legacies of national leaders, trend changes in pop culture and the next big move in the markets (plus the little ones, too).
If you're a newcomer to Elliott Wave or if you're looking for the right resource to give a friend, family member or colleague, this 221-page newly revised edition of Prechter's Perspective is the best overview of the Wave Principle you can get.
Robert R. Prechter, Jr., CMT, is founder and president of Elliott Wave International. He has been publishing market commentary since 1976. In 1984, Bob set a record in the options division of the U.S. Trading Championship with a real-money trading account. In December 1989, Financial News Network (now CNBC) named him Guru of the Decade. Bob served for nine years on the Board of the Market Technicians Association and in 1990-1991 served as its president. During the 1990s, he expanded his firm to provide analysis for institutions on every major financial market in the world. Bob has written 13 books on finance, most notably the two-volume set, Socionomics - The Science of History and Social Prediction. His recent title, Conquer the Crash - You Can Survive and Prosper in a Deflationary Crash and Depression, was a New York Times and Wall Street Journal business best-seller. In 1999, Bob received the CSTA's first annual A.J. Frost Memorial Award for Outstanding Contribution to the Development of Technical Analysis. In 2003, Traders Library granted him its Hall of Fame award. In 2004, The Atlanta Business Chronicle listed Mr. Prechter among the Who's Who in Banking and Financial Services.