September 2012
Beginner
256 pages
5h 53m
English
book
Study Guide for the Second Edition of Technical Analysis: The Complete Resource for Financial Market Technicians
by CMT Charles D. Kirkpatrick II, Julie R. Dahlquist Ph.D., CMT
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Chapter 2. The Basic Principle of Technical Analysis—The Trend
Chapter Objectives
By the end of this chapter, you should be able to
• Define the term trend
• Explain why determining the trend is important to the technical analyst
• Distinguish between primary, secondary, short-term, and intraday trends
• Discuss some of the basic beliefs upon which technical analysis is built
Chapter Summary
How Does the Technical Analyst Make Money?
In order to make money using technical methods, remember:
• “The trend is your friend”—play the trend.
• Don’t lose—control risk.
• Manage your money—avoid ruin.
What Is a Trend?
A trend is a directional movement of prices. For a trend to be useful, it must remain in effect long enough to be identified and still ...
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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.