A worldwide leader in financial trading software shares one of its most successful systems...
In AbleTrend, Dr. John Wang discloses for the first time, the fundamental principles behind his best-selling 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 award-winning system. This reliable resource 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 the guesswork.
AbleTrend presents innovative decision-making trading concepts that will allow ordinary traders to identify market trends and seek profits from them.
©2010 John Wang and Grace Wang (P)2012 Audible, Inc.
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"Sales Pitch for the able trend system"
John Wang is repeating again and again on the AbleTrend way of reading the market.
The book doesn't give any usefully information on the T1 - T3. I also think it is foolish to believe that if any one has discovered the real truth behind the markets movement, he will sale it for less than 200$ a month.
I even tried to get a backtesting report that confirm the able trend system - I didn't get the expected results. Of course you can create a lot of strategies that catch every big movement the market has done, however the real question is how much do you lose in the trials that fails.
I wouldn't recommend this book for reading - you can jump straight to the AbleTrend web site to read the advertisement - the book will guide you to do the same thing.
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