Sunday, February 15th, 2015

AbleTrend: Identifying and Analyzing Market Trends for Trading Success

  • ISBN13: 9780470581209
  • Condition: NEW
  • Notes: Brand New from Publisher. No Remainder Mark.

Product Description
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 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 award-winning system. This reliable resource presents the logic of … More >>

AbleTrend: Identifying and Analyzing Market Trends for Trading Success

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5 Responses to “AbleTrend: Identifying and Analyzing Market Trends for Trading Success”
  1. Geoff Fraser says:

    I was enticed to purchase this book due to the promise to reveal some secrets relating to the Wangs’ highly successful trading software. What I found was a book that while informative and educational, hardly revealed any new information to the world of trading. The book does a good job of describing the characteristics of a trending market. It also does well reinforcing the discipline and money management skills required to be a successful trader. There is repeated advice that trend identification isn’t effective during oscillating markets. The book contains some information relating to the calculation of different moving averages.

    What I found most frustrating was the constant reference to AbleTrend Software. So while there was reference to mainstream trend indicators such as moving averages, the book placed greater emphasis on AbleTrend Indicators (which naturally are proprietary and therefore not disclosed).

    The book rides a fine line between informing and educating about trend trading and being an infomercial about the Wangs’ software. Unfortunately at times it crosses the line and becomes more of an infomercial than a book. I found this aspect to be a little disappointing because I didn’t believe that I was purchasing a book that was as closely aligned to the Wangs’ software as it ultimately was.

    If you own and use AbleTrend software then you will most likely love the book. If you are interested in purchasing any share trading software then this book is an inexpensive insight into what to expect. If you want an overview of what it takes to be a successful and disciplined trader then this is a good book. If you are after objective information on technical analysis tools that you can put to use without buying expensive software, in my opinion there are better books available.

    In the end despite the close connection between the book and the AbleTrend software I still enjoyed and learnt from the book and recommend it for this reason.

    Rating: 4 / 5

  2. Chicagotrader says:

    The only real purpose for this book is to sell the software. After 40 pages, he states “the specific formulas of Abletrend will not be disclosed”. Why bother writing the book then? Ok, it’s proprietary………the much more accomplished Tom DeMark shares all his formulas and stll manages to make a living. Then we spend most of the book reading about the signals we know nothing about. I would have given it zero stars but there is some good information about basic trend concepts, not that it couldn’t be found in many basic trading books. Money management? “We have modified the Ryan Jones “Fixed Ratio” strategy”……..so you might as well buy Ryans’ book instead. All in all, disappointing.
    Rating: 1 / 5

  3. Larry P. says:

    While there is some introductory info for trend following the book keeps its “secrets” . The publisher advertises this book by telling you they give away the secrets that would cost you $2,000 to obtain at their seminars or with their software.

    But no, the book clearly states they will keep information proprietary.

    SHAME on Wiley Publishing!! They have cast into doubt any future book I will ever consider buying from their publishing house.

    Unless you are a complete newbie looking for some introductory info on trend following, RUN from these liars !
    Rating: 1 / 5

  4. Eugene H. Steele says:

    Congrads you just spent $40 for an add for the authors product. Other than support and resistance which most traders should know this books reads like the manual for the product. Save your money.

    But what do I know after 50 years of trading.Larry Williams is sharp he must be a good friend of the author to write the forward.
    Rating: 1 / 5

  5. John Green says:

    Don’t waste your money. This is nothing more than a sales manual for his product. Amazon is getting this one back.
    Rating: 1 / 5

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