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Informationen zum Autor L.A. LITTLE is what Jim Cramer called a "technician extraordinaire" on his Mad Money television show. Little is a professional trader, money manager, and senior contributor to RealMoney.com and TheStreet.com. His columns on those sites generally receive 50,000 to 75,000 views. Little also provides daily market analysis and the tools to implement the trading strategies covered in this book on his web site TAToday.com. He has contributed articles to well-known technical trading publications such as Technical Analysis of Stocks and Commodities and Traders World . With a trading philosophy centered on capital protection first and the accumulation of consistent gains over time, Little exposes a simplistic technical approach to trading the markets that is a throwback to the days of past. Klappentext Given its undeniable importance to all traders, and its use in most of today's trading tools and systems, understanding the technical concept known as the "trend" is critical to your success?whether you're trading soybean futures in Chicago or a solar energy company in China. Significant money can be made by following the right trends, and now, 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, time frames, and the relationship between the general market, sectors, and individual stocks, Little shows how to measure the strength of 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. Divided into two comprehensive parts, this reliable resource focuses on a redefinition of trend through qualification, explores the implications of trend qualification, and examines the practical applications that flow from it. Page by page, it examines the classical trend model as well as a proposed neoclassical model?which provides the theoretical foundation for both the identification and qualification of trends?and then takes that theory and shows you how it relates to the technical decisions of successfully entering and exiting trades. With qualified trends, a new age of technical analysis has been ushered into the trading consciousness. These trends are apparent in every stock, commodity, and financial trading instrument and have the potential to lead traders down a more profitable path. With this book as your guide, you'll gain a firm understanding of this innovative idea and discover how to incorporate it into your everyday trading endeavors. So, throw out all those derivative indicators! With trend qualification, swing points, and anchored support and resistance, you can become a consistently profitable trader. Zusammenfassung 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. Inhaltsverzeichnis Foreword xi Acknowledgments xiii Introduction 1 Part I Trend Theory 5 Chapter 1 Redefining Trend 7 Chapter 2 Classical Trend Model 13 Objective of the Model 13 Inputs 14 Model Definition 14 Rules for the Model 15 Applying the Model 18 Summary 22 Chapter 3 Neoclassical Trend Model 25 Objective of the Model 26 Inputs 29 Model Definition 30 Rules for the Model 37 Summary 46 Chapter 4 Determining Trends 49 Fundamentals for the Long Term 49 Swing Point Logic 50 Identifying and Labeling Trends 65 Summary 70 Chapter 5 Qualifying Trends 73 Using Swing Point Tests 73 Trend Continuation and Transi...
