DESCRIPTION

(From The Jacket) – In “AbleTrend”, Dr. John Wang discloses, for the first time, the fundamental principles behind his bestselling and award-winning trading system, AbleTrend signals. Sophisticated in scope, yet written in a way that any trader can understand, this book skillfully presents the theory behind this effective approach.

“AbleTrend” presents the logic of a proven system that reveals the direction of a trend at its early stage in all markets — stocks, commodities, foreign currencies, ETFs, e-Minis, and mutual funds. It also identifies objective, automatic buy/sell/stop signals, helping you manage risk, make rational trading decisions, and eliminate guesswork.

Page by page, “AbleTrend” puts this system in perspective and shows you how it can be used to gain a better understanding of a market’s behaviors, actions, and trends. Along the way, it offers valuable new insights on trend following that can be used in your trading endeavors and help you excel for years to come. Written with the serious trader in mind, this reliable resource:

• Highlights how this trading system can be applied to any market and any time chart, anywhere in the world
• Introduces new concepts about trends and provides real examples to explain trends, stops, entry points, and other issues
• Discusses the four elements on which you build success in trading
• Explores the design concepts behind some special trading tools found in the authors’ trading software, along with their applications
• Presents thirteen examples of trend analysis, with charts, to show how the trend-following method works in some common markets
• Contains interviews of AbleTrend users who share their extensive experiences

AbleTrend was developed by a recognized authority and expert trading system developer, and this book — along with its companion Web site — will provide you with innovative decision-making trading concepts that can help you to identify market trends and capture consistent results from them.