276°
Posted 20 hours ago

Encyclopedia of Chart Patterns, 2nd Edition (Wiley Trading)

£9.9£99Clearance
ZTS2023's avatar
Shared by
ZTS2023
Joined in 2023
82
63

About this deal

Joining Tour, Identification Guidelines, Focus on Failures, Statistics, Trading Tactics and Sample Trade is Experience.

I was a bit cynical about the author initially, but when you read his book and his web site you don't meet the "savvy trader" you expect, you meet an altogether much more interesting and amusing character. I've gone ahead and created my own, but standardized, ready reference cheat sheets would be a great additional resource. It puts you in the passengers seat so you can share lessons learned from Bulkowski's trades This edition reports on statistics from nearly four times the number of samples used in the Second Edition and ten times the number in the First Edition The Encyclopedia of Chart Patterns, Third Edition further solidifies the reputation of this book as the leading reference on chart patterns, setting it far above the competition. I'm interested in anything which helps put probabilities on my side when trading and this is a book which is all about measured results.In roughly 1000 pages, it contains 53 chart patterns plus 9 more event patterns which will pretty much cover you for any chart you come across….

Written by a leading expert on chart patterns, Tom Bulkowski, this edition includes revised statistics on 75 chart patterns including 23 new ones, with pictures and performance statistics, packaged within easy-to-read text. Though I have not checked the validity just yet, either way, this book is a great leap forward into a proper quantitative basis in the securities markets. Bulkowski is clearly a serious trader who has made groundbreaking statistical investigation of both charts and candlesticks a key part of his trading. The Encyclopedia of Chart Patterns, Third Edition further solidifies the reputation of this book as the leading reference on chart patterns, setting it far above the competition.It would have also been very useful to have patterns grouped according to their formation time periods where they could have added tabs, colours, finger indentations or the like to open the book without be required to look at the visual chart pattern index at the back of the book or the table of contents for page references. In addition the period covered was limited to five years only, and that in a market that was almost entirely bullish. In this revised and expanded second edition of the bestselling Encyclopedia of Chart Patterns , Thomas Bulkowski updates the classic with new performance statistics for both bull and bear markets and 23 new patterns, including a second section devoted to ten event patterns. Within the pages of this book, youll learn how to identify chart patterns, supported by easy-to-understand performance statistics describing how well a pattern works, what the failure rate is, and what special quirks suggest better future performance.

Bulkowski has taken an intelligent and thoughtful approach to producing a practical guide to understanding and trading chart formations. Before earning enough from his investments to retire from his day job at age thirty-six, Bulkowski was a hardware design engineer at Raytheon, a senior software engineer for Tandy Corporation, and a software manager for Tracor-Westronics.It would just be a bit nicer to have quick access to the most important information in validating the pattern like the average formation length, rather than rooting through 4 or 5 pages each time.

To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Bulkowski also tells you exactly how to measure and identify patterns so you're not left squinting at your screen thinking, "Jeez, is that a Cup with Handle or a Double Bottom? Bulkowski even starts the book off with useful novice and intermediate information and tips and tricks for all, like what chart horizon time frames can these patterns be used for.Encyclopedia of Chart Patterns, Second Edition also includes summary tables ranking chart- and event-pattern performance for easy reference; a glossary; a chapter on methodology explaining what each statistical table entry means and how it was calculated; and a visual index to make chart pattern identification a snap.

Asda Great Deal

Free UK shipping. 15 day free returns.
Community Updates
*So you can easily identify outgoing links on our site, we've marked them with an "*" symbol. Links on our site are monetised, but this never affects which deals get posted. Find more info in our FAQs and About Us page.
New Comment