Trend Qualification and Trading: Techniques To Identify the Best Trends to Trade
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The essence of all successful investing and trading is trend following.
Trend following is not just a style or an approach to the market; it is the
heart and soul of all profits. There is no way to escape the fact that you
must embrace an uptrend of some sort if you hope to eventually recognise
a gain.
Even the most long-term dedicated value investors, who focuses on
fundamentals and buys out of favour stocks, needs to have his or her insight
eventually validated by a positive trend. At the other extreme, the
aggressive day trader needs a trend of some sort even if lasts for just for a
few minutes. Market success and trend following are inescapably
connected. Despite the essential nature of trend following to the investment process,
the literature on the topic is woefully lacking. Platitudes such as “the trend
is your friend,” “buy low, sell high,” and “cut losers and let winners run”
constitute much of the discussion about riding a trend.
Description
Technical analysis expert L.A. Little shows how to identify and trade big market moves
Significant money can be made in the stock market by following big trends. In Trend Qualification and Trading, market technician L.A. Little explains how to identify and qualify these trends to determine the likelihood that they will continue and produce better trading results.
By combining price, volume, different timeframes, and the relationship between the general market, sectors, and individual stocks, Little shows how to measure the strength of stock trends. Most importantly, he demonstrates how to determine if a trend has what it takes to develop into a major move with greater profit potential or if it is basically a false signal.
- Takes a proven technical approach to identifying and profiting from financial market trends
- Shows how to best time entries, when to take profits, and when to exit trades
- Introduces Little’s proprietary concept, The Trading Cube, which visually combines time and trend for a given trading instrument
Filled with in-depth insights and practical advice, this guide will help you make more of your time in today’s markets by providing an in-depth explanation of how to identify and qualify trends.
