Kirkpatrick's Investment and Trading Strategies

Auteur
Charles D. Kirkpatrick II has spent 45+ years in investing as a security analyst, portfolio manager, block desk trader, options trader, and institutional broker. He continues to publish his Market Strategist letter, calculate award-winning stock-selection lists, write books on trading and investing, and teach technical analysis at universities. He has appeared on CNBC and Wall Street Week and has been quoted in Barrons, Money, and BusinessWeek. Twice the winner of the Market Technicians Association’s prestigious Charles H. Dow Award, he is the coauthor of Technical Analysis: The Complete Resource for Financial Market Technicians and author of Beat the Market and Time the Market.

Texte du rabat

At its foundation, technical analysis involves recognizing and analyzing trends, and identifying the best investment strategy to take advantage of them. Most traders and investors who look for trends do so by analyzing a long list of charts on a continuing basis. In Trend Analysis and Confirmation, world-renowned technical analysis researcher Charles D. Kirkpatrick III presents a tested, pinpoint approach to stock investing that is far more effective and efficient.

Drawing on statistical testing of markets from 1970 to the present, Kirkpatrick identifies combinations of technical tests that have consistently delivered the best performance. Using these tests, he shows how to identify the stocks that are now demonstrating the strongest relative and absolute strength. Next, he identifies specific trend following indicators most likely to identify the first signs of trend reversals - and, thus, the right time to sell.

Throughout, Kirkpatrick offers detailed, practical, and example-rich guidance for using each indicator, providing all the detail you need to implement an investment strategy that is both profitable and risk-averse.

Contenu

Preface x

Chapter 1: Introduction 1

Chapter 2: Investment Strategies: Backtesting 21

Chapter 3: Initial Standard Optimizations 37

Chapter 4: Market Timing and Walk-Forward Optimizing 51

Chapter 5: Stock Selection Using Relative Strength 69

Chapter 6: Trading Strategies 83

Chapter 7: Directional Movement Index (DMI) and the ADX 91

Chapter 8: Cycles and the Forward Line 109

Chapter 9: Trading Models and Tests 127

Index 145