The Profit Magic of Stock Transaction Timing
| Author | : | |
| Rating | : | 4.21 (911 Votes) |
| Asin | : | 0934380627 |
| Format Type | : | paperback |
| Number of Pages | : | 223 Pages |
| Publish Date | : | 2017-02-28 |
| Language | : | English |
DESCRIPTION:
Hurst's 25th anniversary edition of the book which has become the standard text for serious students of the stock market. Highly recommended. -- The Midwest Book Review, September 15, 2000, James A. Cox, Editor-in-Chief
It is the purpose of this book to provide you with the essentials. Enough methods and references are included to permit further research if desired.. Such a yield, if continued, compounds $10,000 to $1,000,000 in 15 months. You will be exposed to: a concept of profit maximization; a model of stock price motion with prediction implications; an explanation of why chart patterns form---and how to use this knowledge to your profit; step-by-step methods for using the price-motion model to generate definite "wait," "buy," "hold," "sell," "sell short," "cover short," and "protect profit" signals; an explanation of why moving averages work and how to design your own for use in transaction timing; a complete trading method: how to select issues, how to analyze them for action signals, and how to improve your chances of turning and keeping a profit; the extent to which you should be concerned by chance factors, whether or not you should sell in case of war or financial crisis; the reasons why psychological considerations can affect your profits and what you can do about it; an introduction to numerical analysis and spectral analysis, upon which the results on the book are based. We will turn our backs firmly on all cliches, adages, and market lore that will not withstand critical scrutiny. It is further shown that this potential cannot be exploited in an optimum manner without a large improvement in transaction-timing capability that cannot be achieved using tradional inv
J.M. Hurst Revisited Eric Stephan J.M. Hurst was the "father" of cycles in the market. This book, written in the late '60's by this mathematician, was based on research he did using a Fourier Transfomations/Spectral Analysis model. Putting it bluntly, it is not an easy read. Hurst is a terrific writer - the book is very well done - but the material is involved and compl. "WOW" according to A Customer. Great book about the stock market and especially technical analysis. The book was written in 1968. With the advent of computers I'd be interested to see how his theories hold up now. The book explains his theories of what makes stocks move. He says stocks seem to move in an irratic and random fashion to the untrained. Yet, he believes 7. Greg said This is a break through book. Many people still don't understand what J.M. did. They compare it to already beaten channel analysis or Moving average analysis. It isn't what Hurst used, it is how and why he used it is important. Hurst was the first to point the relation of proportionality of time/price swings with the periodicity of indicators as well as synchronicit