Long Term Secrets To Short-Term Trading

254 index 
Speculation (Continued) 
Thorn, Mark, 184, 199 
timing and, 161, 164-167 
Three-bar high/low system, 136-138 
trade management, 161-162 
Time frame, significance of, 46-55 
winning trades and, 167-168 
Time-of-the-month trades, 147 
Speculators. See Speculation: 
Tops, 38-39, 55, 133 
aggressiveness in, 170 
Townsend-Greenspan, 94 
characteristics of, 8, 35 
Trade Station, 79 
confidence in, 168-169 
Traders: 
ego,167-168 
professionals distinguished from 
fear in, 169-170 
amateurs, 213 
Stand-alone trade, 97 
success factors, 45, 231-232 
Stock, Mike, 152 
Training, importance of, 191 
Stock index trading, 124 
Traps, selling, 109 
Stock market crash of 1987, 141-145 
Treasury bonds, U.S., 83-85, 88, 139-141. 
Stop-loss protection, 46, 48 
See also Bond market 
Stops, generally: 
Trend(s) 
money management and, 240-243 
analysis, 36-43 
purpose of, 240 
change (see Trend change) 
Stowell,Joe, 101 
defined, 58 
Supply and demand, 12 
price movement and, 14 
System development, 204-205, 229-230 
Trend change: 
classic pattern, 13 3 
swing points as indicators, 134-135 
T Trendlines, 60 
Triangles, 
12 
Talon system, 71-72 
Tape reading, 47 
Target months, 148 
U 
Taylor, Owen, 93 
TDM (trading day of the month) strategy: 
Ulmer, Riuchard, 6 
bias and, 88 
ULTIMANAGER, 183-184 
road maps, 89-92 
Uptrends, 38-39 
success of, 92 
TDW (trade day of week) strategy: 
bias in, 87-88 
v 
greatest swing value (GSV), 12 3-124 
overview, 61-64, 66-70, 72 
Value, 1-2 
patterns, 94-97 
Variable input, 180 
random markets, 84-87 
Vince, Ralph, 173, 176-177, 179-180, 
success of, 92 
198 
Technical analysis, 10, 13 
Volatility breakouts: 
Technical Analysis of Stock Trends 
defined, 58 
(Edwards/Magee), 
93 
greatest swing value (GSV), 128-129 
Thatcher, F. B., 246 
market swings and, 71-72 

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Index 255 
measurement, 
58-60 
Will-Sspread: 
S&P 500, 66-71 
overview, 138-141 
simple daily range breakouts, 61-65 
S&P 500 stock index, 141-145 
Wyckoff, Richard, 93, 108 
W 
z 
Wall Street.Journal, 76 
W bottoms, 12 
Zweig, Marty, 152 
Wealth creation, 171, 180, 200-201 
Wedges 12