The Trendadvisor Guide to Breakthrough Profits: A Proven System for Building Wealth in the Financial Markets: 255 (Wiley Trading) - Hardcover

Über die Autorin bzw. den Autor

CHUCK DUKAS is a Principal in a hedge fund and President of TRENDadvisor.com, a Web site that provides trading recommendations and education services to better equip traders to understand the markets and prepare them to trade independently. He is also President of the New England chapter of the Market Technicians Association. Dukas has written articles for Technical Analysis of Stocks & Commodities and Stocks, Futures and Options Magazine and frequently appears on media shows on the East Coast.

T. PARKER GALLAGHER is a trader and investor. He manages a hedge fund, develops trading systems, trains traders, and advises portfolio managers on technical analysis and trading. He has an economics degree from Harvard University, an MBA from Babson College, and is an affiliate member of the Market Technicians Association. He has guest lectured at Babson College's Olin Graduate School of Business, MIT's Laboratory for Financial Engineering, and has conducted numerous workshops and training seminars around the country.

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Praise for The TRENDadvisor Guide to Breakthrough Profits

"And it is authors like Chuck Dukas who continue to raise the bar for all of us when he writes that technical indicators will act differently during the six stages of his Diamond. He wants his readers to understand that we should all approach the market with a trading plan and the discipline to carry out that plan. Enjoy Chuck's book, I certainly did."
?From the Foreword by Ralph Acampora, Managing Director of Research, Knight Equity Group

"Identifying a market's trend, defining a process to time entries and exits, and applying a prudent money management approach are all essential components to consistent and long-term trading and investment success and profitability. With clarity and detail, Chuck Dukas presents a much needed prescription to introduce these important elements into one's trading regimen. This book is essential reading for anyone who operates in the markets and intends to be a survivor."
?Tom DeMark, President, Market Studies, Inc.

"Chuck Dukas has developed an interesting life-cycle framework for equity analysis rooted in traditional technical analysis concepts that harkens back to the pioneering work of Stan Weinstein. Model builders will no doubt be anxious to test these ideas in the crucible of the markets."
?John Bollinger, CFA, CMT, www.BollingerBands.com

"This book, The TRENDadvisor Guide to Breakthrough Profits, not only is a valid comprehensive guide to exploiting profit opportunities in modern equity markets, but also has the virtue of being written by a seasoned professional with a real time record of doing just that. This is no 'pie in the sky' wanna-be trader's hope chest, but a well thought-out, clear exposition of how equity markets actually work, and how to make money from them."
?Mike Epstein, Visiting Scholar, MIT Laboratory for Financial Engineering, and a member of the American Stock Exchange Board of Governors

Aus dem Klappentext

As a trader or investor, there are a variety of ways to make money in the financial markets. But if you really want to make the most of your time in the markets, look no further than The TRENDadvisor Guide to Breakthrough Profits.

Based on their many years of experience in teaching, coaching, and mentoring hundreds of traders and investors, author Chuck Dukas (President of TRENDadvisor.com) along with T. Parker Gallagher know what it takes to succeed in today's dynamic markets. And now, with The TRENDadvisor Guide to Breakthrough Profits, they outline an integrated approach to market analysis and a sound trading strategy, known as the TRENDadvisor Diamond Methodology, that will allow you to make serious money in any market?bull or bear.

Filled with in-depth insight and expert advice, this comprehensive guide will help you develop a methodology to determine whether a stock, mutual fund, commodity, or any other financial instrument is something you should buy or sell?either as a trade or as an investment. To do this, you'll become familiar with how the market cycles through its various stages; how you can identify what phase the market is in?recovery, accumulation, bullish on the buy side, warning, distribution, bearish on the sell side; and how to trade these various market phases.

To complement this information, Dukas provides a technical toolkit to help you analyze both uptrends and downtrends as well as guide you in making razor-sharp entry and exit decisions. His wide-ranging and thorough explanations of how technical indicators are calculated, how they behave in different market conditions, and how to use them when trading in these different conditions offer both perspective and guidance to the professional and less experienced trader and investor.

Rounding out this discussion, Dukas moves away from technical indicators and setups to show you how to develop a trading or investing plan. Along the way, Dukas reveals how to integrate your analysis into that plan and examines how a well-developed plan can help you stay disciplined?even under the most difficult circumstances.

Whether you're a seasoned professional trader or newcomer to the world of investing, you must develop a defined methodology and consistently apply it to control risk, preserve capital, and harvest profits. The TRENDadvisor Guide to Breakthrough Profits can show you how to do this and much more as you make your way through today's markets.