AbleTrend-Identifying and Analyzing Market Trends for Trading Success by Wang, John -- Read -- Imperial Library of Trantor

Index

Contents Foreword Preface Acknowledgments Chapter 1: The Search for a Universal Market Law

COMPLETE CHAOS OR HIDDEN ORDER? WHEN MY INTEREST IN TRADING BEGAN A SCIENTIFIC ANTIDOTE TO ARBITRARY MARKET PREDICTIONS FIRST STEPS: BECOMING AN EASYLANGUAGE SYSTEM DEVELOPER THE TREND: FOE OR FRIEND? THE FUNDAMENTAL APPROACH THE DREAM OF A UNIVERSAL EARLY-TREND INDICATOR COULD THE LAWS OF NATURAL SCIENCES ALSO GOVERN THE FINANCIAL MARKETS? THE BIRTH OF ABLETREND

Chapter 2: Advances in Market Trend Analysis

WHAT IS A TREND? THE SETUP OF A TREND MATURITY OF A TREND DRAWING TRENDLINES SUPPORT AND RESISTANCE THE MARKET DEFINES SUPPORT AND RESISTANCE HOW COMMON METHODS DEFINE SUPPORT/RESISTANCE LEVELS HOW ABLETREND DEFINES SUPPORT AND RESISTANCE LEVELS ABLETREND INDICATORS OTHER TREND-FOLLOWING INDICATORS MARKET INDICATIONS THREE RULES FOR FOLLOWING TRENDS THE GOLDEN REGION OF ENTRY: THE SWEET SPOT TIME, PRICE, FORECASTS, PREDICTIONS, AND TARGETS CYCLES AND WAVES SUMMARY

Chapter 3: Four Elements of Trading Success

PROFITABLE TRADING SYSTEMS AND METHODS ADEQUATE CAPITALIZATION MONEY MANAGEMENT STRATEGY DISCIPLINE OR A WINNING TRADING PSYCHOLOGY CONCLUSION

Chapter 4: Essential Philosophy of Trend Trading

WISDOM OF THE TAO TRADING IS A BUSINESS ONLY TREND FOLLOWING WORKS DON’T TRADE AGAINST THE MARKET WHICH MARKET IS THE MOST TRADABLE AND WHY? WHY VOTING SYSTEMS DO NOT WORK WHY $500 OR 5 PERCENT STOPS DO NOT WORK WHY THE WINNING RATE IS NOT IMPORTANT WHY YOU CANNOT PICK A TOP OR BOTTOM HOW TO LET PROFITS RUN HOW TO CUT LOSSES SHORT GO THE OPPOSITE WAY OF THE MAJORITY TRADE ONLY THE RISK CAPITAL THAT YOU CAN AFFORD TO LOSE IF YOU WANT TO WIN, THINK ABOUT LOSS PLACE YOURSELF BEYOND THE POSSIBILITY OF DEFEAT TRADING IS THE MOST DIFFICULT THING IN THE WORLD CONCLUSION

Chapter 5: The Applications

WHAT IS THE “WINNING FRAMEWORK” FOR A TRADING SYSTEM? STM METHOD—BUY ON BLUE AND SELL ON RED EVALUATE A TRADING SYSTEM: BACK-TESTING FOUR IMPORTANT ISSUES FOR PARAMETER SETTINGS ABLETREND2 STOPS THE SWEET SPOT—GOLDEN REGION OF ENTRY FINDING THE CHARACTER OF A PARTICULAR MARKET TREND TIME FRAMES AVOID CHOPPY MARKETS BREAKOUT OR RETRACEMENT DAY TRADING VERSUS SWING TRADING IN CONCLUSION: THE FIVE F’S OF DESIGNING A TRADING SYSTEM

Chapter 6: Examples of Trend Analysis

STOCKS COMMODITIES THE E-MINIS FOREX BONDS CONCLUSION

Chapter 7: Advanced AbleTrend Tools

VIRTUAL PAPER TRADING (VPT) HISTORICAL FORWARD TESTING AUTOSCAN THE PERCENT CHARTS THE GUIDANCE CHARTS STOCK SEARCH ENGINE—STOCK PICKS VISUAL OR CHART TRADING AUTOMATED TRADING ORDERS OPTIONS TRADING SPREAD TRADING PORTFOLIO TRADING SUMMARY

Appendix A: Interviews with AbleTrend Users

JOHN MEYER BOB SEIFERT HARVEY SAFF GERRY WOLLERT MIKE WEINGART ALEX KUAN REMCO EENINK CHRIS ANTHONY JIM KANE DAVID FAWKES

Appendix B: Quick Reference for STM

STM TRADING METHOD

References About the Authors Index