Trading with Charts for Absolute Return

Introduction

What this book is all about is—simply—money. The behavior of this mysterious commodity can have drawdowns of 50 percent and more. Overall, the hedge fund industry performed much better, but the problem for the investor here is to find out of about 8,000 hedge funds available the one fund with a good stable performance that gets close to fulfilling a specific investor's needs.

If an investor is looking for absolute return results, he has mainly two options. First, he may look for an investment company aiming at absolute return results and showing a performance profile consistently better than an index in bear markets or, second, he may conduct a do-it-yourself analysis based on reliable performance profiles.

But before we begin digging deeper into our absolute return chart patterns, we would like to first discuss some basic facts, which in our opinion are important to understand the markets we are living with right now—and which have fascinated and still fascinate people of all ages and beyond all sorts of class distinctions. This book intends to help investors who are not satisfied with the service or the performance they get from the investment companies who manage their assets.

When we talk about “absolute return with chart patterns,” we really mean it. We are living in a computer driven era and obviously trading signals have to be generated by computers to be accepted. People think that the bigger and faster a computer is the better it will automatically turn out ...