| PDF Title | : | The Complete Guide to Point and Figure Charting |
| Author | : | Kermit Zieg & Heinrich Weber |
| Language | : | English |
| Publisher | : | Harriman House |
| Format | : | |
| Total Page | : | 261 Pages |
| PDF Size | : | 4.22 MB |
| PDF Link | : | Read and Download |
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“The famous chartist and trader W.D. Gann pointed out correctly that stocks oscillate, or in his words vibrate, and that the most profitable way to trade any security is to benefit from as many such up and down swings as possible.
Because there has been so much talk lately about swing trading, we want to explain it and show you that for the implementation of swing trading nothing more is needed than point-and-figure.
The problem with Gann’s type of trading is the large number of transactions, which makes careful implementation a necessity in order to find a balance between trading those minor oscillations and keeping transaction costs under control.
It is true, though, that with direct access trading through discount brokers a lot of commission costs can be spared.”
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