Read more
Informationen zum Autor LARRY R. WILLIAMS has been trading for almost fifty years and is one of the most highly regarded short-term traders in the world. Larry has taught thousands to trade, won several trading championships, and since 1970 has been writing bestselling books based on his technical indicator, Williams %R, developed in 1966 and still published daily in major financial newspapers and on finance and investing sites. Between trading, researching, and developing trading tools, he ran twice for the U.S. Senate, was a board member of the National Futures Association, and has received numerous awards, including Futures magazine's first Doctor of Futures Award, the Omega Research Lifetime Achievement Award, and Traders International 2005 Trader of the Year. The Mayor of San Diego declared October 6th, 2002 "Larry Williams' Day." Larry has been featured on CNBC and Fox News, and has been interviewed and quoted in more publications than he can keep track of. Klappentext Praise for the First Edition: "Larry is the only person I know who can mix systems and rules with confessions of his soul. This book should have universal appeal to not only the trading world but to all who apply themselves to the laws of the universe. This is a study of the self, the markets, and the interfacing of the two." -LINDA RASCHKE, President, LBR Group, Inc., CTA "Larry Williams' contributions to the study of technical analysis are well documented and indisputable. I have learned more from Larry than all other traders combined. His techniques are original, clever, and fresh. The depth and breadth of his knowledge is mind-boggling. I highly recommend it." -TOM DeMARK, author of New Market Timing Techniques and The New Science of Technical Analysis "Having known Larry for 25 years, I can truly say that this is his 'magnum opus' the culmination of a brilliant career; must reading for anyone who trades futures with success as their goal!" "JAKE BERNSTEIN, President, MBH Commodity Advisors, Northbrook, Illinois Zusammenfassung Provides the blueprint necessary for sound and profitable short-term trading in a post-market meltdown economy. This book highlights the advantages and disadvantages of what can be a very fruitful yet potentially dangerous endeavor. Inhaltsverzeichnis Acknowledgments xi Introduction You Are Already a Commodity Trader 1 My Most Important Market Belief 4 The Beginning of My Career as a Speculator 5 The Ride of a Lifetime 8 Chapter 1 Making Order Out of Short-Term Chaos 9 How I Learned about the Market 9 Charting the Market 11 The Nonrandom Market 13 Understanding Market Structure 15 Market Structure Will Never Change 21 Short-Sell Pattern 27 Target Time and Trailing Stops 28 Recap 32 Chapter 2 It's a Question of Price and Time 33 All You Will Ever Need to Know about Cycles 33 The Natural Cycle of Range Change 39 Where the Trend Is with You-The Second Power-Play Price Pattern 50 Recap 54 Chapter 3 The Real Secret to Short-Term Trading 59 It's All about Time 61 Bankrolling Hotshot Traders 62 Proving the Point 65 How to Make the Most Money 68 Recap 70 Chapter 4 Volatility Breakouts-The Momentum Breakthrough 71 Simple Daily Range Breakouts 76 A Look at Volatility in the S&P 500 80 Separating Buyers from Sellers to Find Volatility Using Market Swings 95 Results 96 One Step Further 97 Recap 98 Chapter 5 The Theory of Short-Term Trading 99 What Is Wrong about the Information Age 103 E H Harriman's Rule of Making Millions 104 Recap 105 Chapter 6 Getting Closer to the Truth 107 The Market Is Not a Coi...
