Trading is a tough endeavor. And while it's difficult to derive a method that generates superior risk-adjusted profits in today's extremely competitive markets, it's even harder to successfully apply such a method in actual trading. The approach found in The Art and Science of Technical Analysisone which, in many ways, challenges the traditional thinking of technical analysiscan help you achieve this goal.
Written in a straightforward and accessible style, this book breaks away from many of the standard trading books that have come before it. The Art and Science of Technical Analysis doesn't detail a rigid system to be strictly followed, nor does it present a group of setups and patterns that can be quickly assembled by a trader. Rather, it provides comprehensive coverage of the issues you need to be aware of in order to capture consistent profits from technically motivated, directional trading.
Based on nearly two decades of author Adam Grimes's experience as a trader, analyst, and systems developer, this reliable resource contains valuable insights for both individual and institutional traders, and has been designed with both established and aspiring traders in mind. Divided into four informative parts, it skillfully:
Rounding out this discussion are three information-packed appendices. The first is a trading primer that will be useful for developing traders or managers who don't have a familiarity with the language used by traders. The second expands on some specific details and quirks of moving averages, the MACD, which are used extensively in other sections of the book. And the last appendix contains a list of trade data used in the performance analysis found in Part Four.
What you need to succeed in today's markets is a verifiable edge. The Art and Science of Technical Analysis will give you that edge and put you in a better position to improve your overall trading performance.
This book, written for both the self-directed and institutional trader, explores the tools and techniques of discretionary tradingthe art of trading. Not just a collection of trading patterns and ideas, this is a book that looks deeply into the art of technical analysis, and gives traders the tools and techniques they need to profit in today's competitive marketplace.
Divided into four informative parts, this reliable guide shows traders how to incorporate a rigorously researched trading methodology into a discretionary framework. Along the way, you'll learn a method of looking at charts that focuses on the supply/demand dynamics that move all markets, specific trading patterns the author has used profitably for over a decade, and psychological techniques to deal with the stresses of trading. You will also come to a new understanding of the role risk management and position sizing play in the trading process, and dive into the path of growth and trader development that leads a trader from beginner to professional.
Created with the serious trader in mindwhether individual or institutional The Art and Science of Technical Analysis puts the author's approach in perspective and will put you on a path to consistent profits. Topics covered throughout the book include everything from the foundations of technical analysis and market structure to trading strategies, indicators and other confirming factors, sizing trades and managing positions, and tips for evaluating your performance and growth as a trader.
Engaging and accessible, The Art and Science of Technical Analysisalong with its informative appendiceswill give you the edge needed to improve your trading endeavors.
This is a particularly good book if you have wasted time reading the typical technical analysis books as I have. Read morePublished 5 days ago by John Grover
If there is a way to put few more stars I would. Adam Grimes is the best person out there in conveying the essence of technical trading. He really knows his crafts and he cares. Read morePublished 20 days ago by William C.
Maybe it's because of my engineering background. I find the explanation quite wordy and before I can extra the key point I just got lost in the words due to a lack of attention... Read morePublished 1 month ago by C. N. Wong
This book will give you a solid foundation about market structure and about how markets works . I don't like the fact that the author dismiss volume because personally believe that... Read morePublished 1 month ago by Marc
This book is by far the most important book I have ever read on trading. It changed the way I think about the markets and provides a fresh perspective on a difficult and often... Read morePublished 2 months ago by Tim Palmer
I have been trading consistently profitable over the past year and a half after doing an online trading course based on pure price action. Read morePublished 2 months ago by Josh Louw
Adam Grimes has compiled an excellent exposition of what technical trading is about and how he has developed his edge for trading in what are usually random markets. Read morePublished 3 months ago by richardr
I read this book several times and take the " free courses " offer by the author!This book worth 10 time of it's price! Read morePublished 4 months ago by Amazon Customer
Adam has done a fantastic job of sharing his many insights into trading. This is one of those "must have's" in your trading library. Read morePublished 6 months ago by DBR