How Technical Analysis Investors Use Trends
Author | : Charles D. Kirkpatrick II |
Publisher | : Pearson Education |
Total Pages | : 36 |
Release | : 2010-11-03 |
ISBN-10 | : 9780132619059 |
ISBN-13 | : 0132619059 |
Rating | : 4/5 (059 Downloads) |
Download or read book How Technical Analysis Investors Use Trends written by Charles D. Kirkpatrick II and published by Pearson Education. This book was released on 2010-11-03 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Element is an excerpt from Technical Analysis: The Complete Resource for Financial Market Technicians, Second Edition (9780137059447) by Charles D. Kirkpatrick III, CMT, and Julie Dahlquist, Ph.D., CMT. Available in print and digital formats. How technical analysts understand trends and translate those insights into market profits. Technical analysis is based on one major assumption: trend. Markets trend. Traders and investors hope to buy a security at the beginning of an uptrend at a low price, ride the trend, and sell the security when the trend ends at a high price. Although this strategy sounds very simple, implementing it is exceedingly complex. For example....