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.
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.