Publisher description
Jake Bernstein brings his experience and knowledge to bear on one of the
most difficult factors in the equation for successful trading or investing:
timing. While respected voices argue that timing the market isn't possible (the
market is a "random walk"), the consistently outstanding performance of some
market timers seems to refute the "random walk" theory. The real question is
whether timing doesn't work or whether it only appears that way because there
are only a few truly effective market timing techniques. Bernstein contends
there are several effective timing indicators that can improve profits if they
are combined with effective risk management. One of the most effective of these
timing indicators is momentum divergence, which is a way of determining
accumulation (buying) or distribution (selling) of stocks. After a discussion that defines market timing and market momentum, the
author delves into the details of using momentum to trade effectively. Using
numerous examples and illustrations to emphasize key points, the author details
such issues as accumulation and distribution patterns and buy and sell signals
based on momentum. The author shows how momentum divergance can be used for day
trading, short-term trading, or long-term trading. The book then details how to
integrate risk management into a trader's strategy, using such tools as
options, to control risk exposure and increase profits. After a discussion that defines market timing and market momentum, the
author details the using of momentum to trade effectively. Using examples and
illustrations to emphasize key points, he explores such issues as accumulation
and distribution patterns and buy and sell signals based on momentum.
More books by Jake Bernstein
Similar books
Rate the book
Write a review and share your opinion with others. Try to focus on the content of the book. Read our instructions for further information.
Momentum Stock Selection: Using The Momentum Method For Maximum Profits
Book reviews » Momentum Stock Selection: Using The Momentum Method For Maximum Profits
|
|
 |
|
|
|
|
