Profiting from Market Trends: Simple Tools and Techniques for Mastering Trend Analysis

PREFACE

During trending phases, market participants can really boost their returns. Thus, analyzing trends effectively is one of the most important and relevant skills a trader can develop. That's what you will learn from this unique book. You'll be shown how a trend begins and progresses through its life span offering traders myriad opportunities to generate profits. You'll learn how to monitor the strength of a trend in order to take full advantage of it while it lasts, and recognize signs that suggest when it may be coming to an end.

The principal purpose of this instruction is to help novices build a strong base of knowledge in trend analysis in order to increase ­profitability. This book is a crucial part of the charting instruction I offer, and is part of the foundation from which successful trading strategies may be developed and implemented. This text will help you progress down the path to becoming a master trader.

The primary reasons for learning how to analyze trends efficiently are threefold:

1. To generate profits by implementing strategies that take advantage of a trend.

2. To protect the initial capital invested, as well as the gains accrued during a trend.

3. To prepare to participate in a new trend in the opposite direction when a trend reversal occurs.

Understanding how trends evolve is very important because a large number of trading strategies are designed to capitalize on lucrative trending phases. By carefully reviewing this instruction, beginner to ­intermediate-level ...