| Description |
1 volume (unpaged) : illustrations, charts, graphs ; 23 cm |
| Summary |
Do you know how to use probability of gain to select stocks for purchase? Do you know how to determine the expected gain on a stock you own? Most books on technical analysis discuss chart formations, candlesticks, indicators, moving averages, trend-lines and more but they don't tell you how to implement these tools into a complete trading system. This book will guide you through novel technical analysis methods based on probability and odds, not guessing. You will learn how to estimate the probability of gain on a trade, calculate the expected gain, determine the likelihood of a trend, select stocks for profit, enter and exit a trade. In addition, money management and control of risk are discussed in detail. You will learn how to determine your position size using effective risk indicators. All the elements of a successful trading system are described in detail and supported by evidence. Many new charting techniques are described including Probability -Payoff Graphs. New technical indicators are described including Gain Probability Index, Bull Bear Index, Random Walk Oscillator, Price Volume Index and others. The book guides you through innumerable example of high probability investing techniques in action. UPDATED with a new chapter on using volatility to select stocks. |
| Subject |
Investments.
|
| ISBN |
9798722504258 |
|
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