A powerful method for forecasting the stock market, Elliott Wave Theory is one of the most popular but daunting technical analysis methodologies. It can take years of study before attaining a level of expertise that is deep enough to permit one to apply the methodology in the real world. This book will cut that learning curve substantially by showing the trader, investor, analyst, or money manager how to apply the Elliott Wave Theory (EWT) using concise, simple and easy-to-follow trading and investing plans. EWT is largely subjective. There are many ways one can interpret a single pattern under the aegis of Elliott. However, there are tendencies and characteristics that a pattern must meet when applied correctly. Outside information, such as market sentiment, volume, or even the fundamentals or news, can aid in the identification process. This book will show where to look for external cues, and how to use them to improve trading performance, while providing a thorough and clear grounding in EWT itself.
Book Details:
- Author: Steven W. Poser
- ISBN: 9780470256701
- Year Published: 2003
- Pages: 240
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
A powerful method for forecasting the stock market, Elliott Wave Theory is one of the most popular but daunting technical analysis methodologies. It can take years of study before attaining a level of expertise that is deep enough to permit one to apply the methodology in the real world. This book will cut that learning curve substantially by showing the trader, investor, analyst, or money manager how to apply the Elliott Wave Theory (EWT) using concise, simple and easy-to-follow trading and investing plans. EWT is largely subjective. There are many ways one can interpret a single pattern under the aegis of Elliott. However, there are tendencies and characteristics that a pattern must meet when applied correctly. Outside information, such as market sentiment, volume, or even the fundamentals or news, can aid in the identification process. This book will show where to look for external cues, and how to use them to improve trading performance, while providing a thorough and clear grounding in EWT itself.
While the books currently available on Elliott Wave Theory provide a fine overview, they tend to either be too complex or too theoretical, leaving out how to apply the knowledge in practice. In this book, Poser shows the reader how to trade using Elliott through simple to follow trading plans while offering clear and concise explanations of how to interpret the many patterns the trader or investor may face.
Breaks down Elliott Wave Theory (EWT) into real world applications. * Provides actionable strategies along with a complete explanation of how and why Elliott Wave Theory works. * Discusses where to look for external cues, and how to use them to improve trading performance.
About the Author
Steven W. Poser is President and founder of Poser Global Market Strategies Inc. (www.poserglobal.com), an international stock, bond, and currency markets trading advisory firm. Mr. Poser publishes a daily newsletter, which covers these markets from a technical and fundamental perspective. He is also the Editor of The ETF Authority, which specializes in analysis of exchange-traded funds. Mr. Poser is an educator as well, and provides custom technical analysis training to individuals and corporations. He is regularly quoted by the financial press and has been a frequent guest on CNBC, CNNfn, and Reuters Financial Television. His clients include many of the largest institutional trading desks, mutual funds, and hedge funds, as well as a coterie of retail accounts.