Little Trend Trading Set-Ups

Entering and Exiting Trends for Maximum Profit
1. Auflage 2012
ISBN: 978-1-118-22247-8
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 272 Seiten, E-Book

Reihe: Wiley Trading Series

An expert reveals a step-by-step process for profiting fromneoclassical qualified trend trading
Trend Trading Set-Ups extends the neoclassical concept ofqualified trend first introduced by Little in TrendQualification and Trading, providing traders and investors witha sound methodology for uncovering the very best tradeset-ups and the ability to time trade entries like neverbefore. In Trend Trading Set-Ups, Littlereveals the data behind qualified trends and utilizes a novelconcept involving time to calculate trend failure probabilityrates.
Little reduces the complex to its most simplisticform compressing all trades types into just two classes -retraces and breakouts. Once simplified, over a decade worth ofqualified trend data is examined. The result is a comprehensivepresentation of what makes some trades enormously better thanothers and how you can both find and exploit the most favorable trade set-ups.
Some trading books are an interesting read but soon forgotten. Afew books you place on the reachable shelf and refer to often. InTrend Trading Set-Ups L.A. Little offers you an entirely newway of approaching an old subject and does so in a style that isboth as riveting as it is valuable. As with Trend Qualificationand Trading you will find this book an easy but comprehensiveread and one that you will turn to again and again while pursuingyour trading and investing endeavors.

Autoren/Hrsg.

Little, L. A.

Weitere Mitwirkende

Farley, Alan

Inhaltsverzeichnis

Foreword ix
Acknowledgments xi
Introduction 1
PART I 7
CHAPTER 1 Identifying and Qualifying Trend Probabilities9
Trend Determination 10
Qualified Trend Failure Probabilities 13
Qualified Trade Failure Probabilities 31
Summary 37
CHAPTER 2 Anchor Zones: The Key to Timing Trades 41
Anchor Bars and Zones 42
Reconsidering Trade Failures 46
Summary 54
CHAPTER 3 Broader Influences Affecting Stocks 55
Sector Congruence 59
Virtual Industry Groups--Future Direction 72
General Market Congruence 74
Summary 81
PART II 85
CHAPTER 4 Formulating a Workable Trading Plan 89
Trend Direction and Strength 90
Time Frames 94
Entry and Exit Timing 95
Trading Size, Scale Trading, Trade Success Probabilities, andReward-to-Risk Ratio 100
Evaluating and Acting Upon the Plan 104
Summary 105
CHAPTER 5 The Data behind Trend Trade Set-Ups 107
The Only Two Types of Trade Set-Ups 108
Trading Breakouts and Retraces 111
Breakouts versus Retrace Trade Probabilities 113
Probabilities for Trade Set-Up Scenarios 122
Summary 133
CHAPTER 6 Sideways Range Trades 135
Trade Set-Up Conditions and Categorizations 136
Trading Sideways Trends 137
Summary 155
CHAPTER 7 Breakout and Retrace Trade Set-Ups 157
Retrace Trade Set-Ups 158
Breakout Trade Set-Ups 186
Considering Other Trade Set-Ups 199
Trade Set-Up Rationale and Thoughts 201
Summary 205
Conclusion: Unleashing Trade Potential 207
Appendix: Data Tables 209
About the Author 241
Index 243

Über Autor(innen)

L. A. LITTLE is what Jim Cramer called a "technicianextraordinaire" on his Mad Money television show. Little isa professional trader, money manager, and writes frequently foronline publications including Minyanville.com and MarketWatch.comwhile continuing to contribute articles to well-known printpublications like Stocks & Commodities, ActiveTrader, and Traders World. Little has presented innumerous conferences both domestically and internationally,appeared on syndicated radio shows, and provides daily marketanalysis and the tools to implement the trading strategies coveredin this book on his website TAToday.com. With a trading philosophycentered on capital protection first and the accumulation ofconsistent gains over time, Little espouses a simplistic technicalapproach to trading the markets that refocuses technical analysisaway from patterns to supply and demand levels. He is the author ofTrend Qualification and Trading, also from Wiley.