December 2012
Beginner
304 pages
7h 56m
English
book
Mastering the Stock Market: High Probability Market Timing and Stock Selection Tools
by John L. Person
Content preview from Mastering the Stock Market: High Probability Market Timing and Stock Selection Tools
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
CHAPTER 9
Pivot Point Analysis
So far, we have covered methods for determining trend direction using seasonal studies, the power of contrarian data using the Commodity Futures Trading Commission's Commitment of Traders (COT) report, and confirming tools and techniques such as comparative relative strength using trend-line analysis and moving averages. In addition, we covered how to view the overall health of the market with advance-decline (AD) work and volume analysis using the on-balance volume (OBV) indicator. We covered trading patterns with rules for entering and placing stops, as well as indicators and oscillators to help reveal markets hidden strengths like bullish convergence and weaknesses like bearish divergence.
I have discussed several research systems that can be used to scan for trading opportunities; Trade Navigator, TradeStation, and Thinkorswim by TD Ameritrade (yes, it is a coincidence that these platforms and trading companies all start with the letter T). I also showed a free Internet service using StockCharts.com. Here is another fact: Futures traders have been using my momentum indicator and Person's Pivots on the Open E-Cry (OEC) trading platform, and they are available with Ninja Trader. In the future, we may include these with E-Signal, Bloomberg, and Meta Stock, as there have been many requests to add these into those platforms. The reason my indicators have been so popular is that they have been instrumental in helping traders identify opportunities; ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.