New Concepts In Technical Trading Systems
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Be a top trader after reading this classic and efficient book.

Hardcover: 141 pages

Publisher: Trend Research (June 1978)

Language: English

ISBN-10: 0894590278

ISBN-13: 978-0894590276

Product Dimensions: 0.8 x 9 x 11.5 inches

Shipping Weight: 1.2 pounds (View shipping rates and policies)

Average Customer Review: 4.4 out of 5 stars  See all reviews (36 customer reviews)

Best Sellers Rank: #195,298 in Books (See Top 100 in Books) #66 in Books > Business & Money > Investing > Online Trading #71 in Books > Business & Money > Investing > Commodities #543 in Books > Business & Money > Processes & Infrastructure > E-Commerce

This classic trading-systems book is superb and unique - it is for those who know, or want to know, the important details of trading systems (admittedly, few traders have the goal of developing a deeper understanding of the important, win-based details of trading systems). Wilder wrote his book in pre-computer days, when the chief way of keeping track of one's investments was `pad and pencil' calculations.His book is full of innovative and highly creative trading concepts for use in trading systems. In Wilder's time, just like today, several `conventional' trading systems were/are available. Wilder added to these and at the same time expanded traders' possibilities through his brilliant thinking.In this fully-illustrated book, Wilder begins with the basics, and then takes the reader behind the scenes to explain, in significant detail, the how-to and the why about trading systems, including his famous Parabolic System, the Volatility System, Directional Movement, Wilder's own Relative Strength Index, and other systems as well.Welles cautiously explains the technical limits of parameters that comprise each system. He is careful to point out that no one trading system works for all market conditions - traders must select and apply the appropriate `tool' for the market conditions.This book is for cream-of-the-crop traders who want assurance - through thoughtful understanding - that their trades will be winning trades. Such traders do not rely on self-proclaimed experts (who themselves might not even think of trading on a regular basis), but who are quite willing to take traders' money for their advice. Winning, cream-of-the-crop traders want to understand their own trading in order to avoid the pitfalls.

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