As of 12/27/2024   Indus: 42,992 -333.59 -0.8%     Trans: 16,031 -73.46 -0.5%     Utils: 987 -4.51 -0.5%     Nasdaq: 19,722 -298.33 -1.5%     S&P 500: 5,971 -66.75 -1.1%	YTD  +14.1%    +0.8%    +12.0%    +31.4%    +25.2%	Targets    Overview: 12/12/2024     44,200 or 41,750 by 01/01/2025   16,700 or 15,500 by 01/15/2025   1,050 or 975 by 01/01/2025   20,500 or 19,300 by 01/01/2025   6,100 or 5,775 by 01/01/2025
Chart Pattern Indicator: on 12/27/24

As of 12/27/2024   Indus: 42,992 -333.59 -0.8%     Trans: 16,031 -73.46 -0.5%     Utils: 987 -4.51 -0.5%     Nasdaq: 19,722 -298.33 -1.5%     S&P 500: 5,971 -66.75 -1.1%	YTD  +14.1%    +0.8%    +12.0%    +31.4%    +25.2%
Targets    Overview: 12/12/2024     44,200 or 41,750 by 01/01/2025   16,700 or 15,500 by 01/15/2025   1,050 or 975 by 01/01/2025   20,500 or 19,300 by 01/01/2025   6,100 or 5,775 by 01/01/2025
Chart Pattern Indicator: on 12/27/24

Bulkowski's Books

4/19/2024: Added book correction to Swing and Day Trading.

These are my novels, which are works of fiction. Buy a copy, blog on social media about them, or post a review. If you do any or all of that, it will be much appreciated. The links below will take you to Amazon.com where you can buy these tasty morsels.

Foresight   Follow Miles as he tries to be a good orb (crystal ball).

Amazon Links to My Books Bumper's Story (fiction) Chart Patterns: After the Buy Encyclopedia of Chart Pattern, 3rd Edition Foresight   Fundamental Analysis and Position Trading Getting Started in Chart Patterns, 2nd Edition Head's Law (fiction) Invest for Two-Comma Wealth   Remember Me (fiction) Swing and Day Trading Trading Basics

Links Below to Book Details Bumper's Story (a dog story) Chart Patterns: After the Buy Encyclopedia of Candlestick Charts Encyclopedia of Chart Patterns, Third Edition Foresight   Fundamental Analysis and Position Trading: Evolution of a Trader Head's Law (science fiction) Invest for Two-Comma Wealth   Getting Started in Chart Patterns, Second Edition Remember Me (a collection of short stories) Swing and Day Trading: Evolution of a Trader Trading Basics: Evolution of a Trader Trading Classic Chart Patterns

Book Corrections Chart Patterns: After the Buy Encyclopedia of Candlestick Charts Encyclopedia of Chart Patterns, Second Edition Encyclopedia of Chart Patterns, 3rd Edition Fundamental Analysis and Position Trading Getting Started in Chart Patterns Swing and Day Trading Trading Classic Chart Patterns

Other FAQ: Which non-fiction book should I buy first? One Testimonial Thinking of buying an Encyclopedia? Read this. Reviews of other books My Favorite Books

Invest for Two-Comma Wealth

Invest for Two-Comma Wealth ($1,000,000) is an entry-level yet comprehensive book about investing in the securities markets to grow your net worth. From annuities, bonds, and CDs, to common stocks, meme stocks, and cryptocurrency, the book explains each topic in an easy-to-understand manner.

It teaches you about scams, and how to avoid them, including those “free” lunch seminars that try to sell you something, either immediately or months later. It explains why owning your home may not be a good investment and buying gold coins with huge sales charges put you at a disadvantage.

Follow Susan as she does everything right and Basketcase Bob who serves as an example of what not to do.

If knowledge is the way to wealth, then this book is for you. Use the information in this book to invest for the long term and discover that one day you’ve joined the two-comma club.

Price $20, soft cover, print only, 300+ pages.

Here's an abbreviated list of contents.

• Annuities (fixed, variable, fees, penalties, risk, buying checklist, fraud and schemes, Ponzi, free meal seminars)
• Certificate of Deposit (CD, fixed, variable-rate, zero-coupon, liquid, step-up coupon, CD ladder, brokered, death put, deposit broker CD scams)
• Bonds (corporate, Treasury bonds/bills, TIPS, floating rate notes, EE/US savings bonds, I bonds, STRIPS, municipal, convertible, when the company goes bankrupt)
• Cash and IRAs (spenders and savers, saving money, retirement accounts, how much to save for retirement, health savings accounts, high yield savings/checking, money market funds, pensions, when your bank fails)
• Stocks, ETFs, ETNs (common/preferred stock, classes of stock, mutual funds, ETFs: inverse, leveraged, active. ETNs)
• Meme stocks (Gamestop, trading them, elevator stop)
• Cryptocurrency (hot/cold wallets, transaction time, fake wallets, fake exchanges, crime stats, initial coin offerings, trading setup, mining, 51% attacks)
• Precious metals and housing (certificates, ETFs, metal futures, gold mining stocks/streaming/royalty, mutual funds, numismatic coins, versus inflation, IRA, housing)
• Brokers (terms, BrokerCheck, websites, firms, choosing a broker, opening an account, when broker fails, what's a stock certificate worth?)
• IPOs and Exchanges (initial public offering, secondary offerings, direct listing, follow-on offering, how does NYSE work, Nasdaq, other exchanges, payment for order flow, cost to trade, share voting)
• Getting started in stock market (portfolio, business cycle, building a portfolio, diversification, beating the market)
• Selection (hot tips, picking: ETFs/mutual funds/individual stocks, fundamentals, insider trading, analyst reports, support/resistance, order types, options, splits, selling short, margin, taxes, social security, scenario trading)
• Cooking up winners (utility stocks, bull/bear/corrections/dips, buy-the dip, when to buy/sell, chart pattern sell signals, trends, trendlines, bottom fishing, selling mechanics, how to handle bear markets)

Remember Me

I wrote this book because I felt it would be a shame if I died and no one read my short stories. Think: legacy.

Remember Me is a collection of short stories. Some are science fiction, some fantasy, some light romance, and some are biographical. All of them are entertaining and well-written.

If you visit Amazon.com, use the Look Inside feature to read an excerpt. I wanted to give away the e-book for free, but Amazon has a minimum of $0.99 so that's where it's priced. The paperback is more expensive, of course.

Here's the table of contents.

• Soul Ambulance: This Christmas story tells of a man taking down a bully. Reading time: 6 minutes.
• What Does Bequeath Mean? A story of youth and rebellion. Reading time: 7 minutes.
• Canyon and the Sun: A love story with help from unusual friends. Reading time: 18 minutes.
• Fighting for Contrail: A takeover battle for Contrail Industries. Reading time: 10 minutes.
• Helen: She's after Jake's millions. Reading time: 13 minutes.
• I Won: I can't win against my girlfriend. Reading time: 10 minutes.
• Jacob's Prediction: Jacob makes a startling discovery, but is it true? Reading time: 13 minutes.
• Millionaire: An excellent pickup line. Reading time: 3 minutes.
• My First Kiss: A short romance with a surprising ending. Reading time: 3 minutes.
• Secret Santa Hustle: An unusual way to give away money. Reading time: 15 minutes.
• That Which Cannot be Said: What people can do. Based on a true story. Reading time: 8 minutes.
• The Duck Payback: Revenge is sweet, especially when help comes from unexpected people. Reading time: 16 minutes.
• That Kid Crumley Another revenge story. Reading time: 3 minutes.
• The Reluctant Witch: My first witch story. You'll love the crystal ball. Reading time: 20 minutes.
• Crystal and Sam: The crystal ball is back and causing trouble for Sam. Reading time: 13 minutes.
• What More Could a Pigeon Ask? A love story with a surprise ending. Reading time: 12 minutes.
• Walking Away: Would she look back and what would it mean? Reading time: 2 minutes.
• Multiverse: A time travel experiment goes wrong. Reading time: 7 minutes.
• I Have a Gift for You: Does he marry Jennifer? Reading time: 9 minutes.
• My Life in Five Sentences: How do you condense a lifetime into five sentences? Reading time: 1 minute.
• Counting Holes: Is life worth living? Andy says no. Mimi has other ideas. Reading time: 5 minutes.
• Schooling Jen: Jen's overweight and new to this school. How will she cope? Reading time: 10 minutes.
• Apple Tuesday: Jen's back and she's not so nice. Reading time: 9 minutes.
• Where Will Your Writing Take You? My answer to a writing class exercise. Reading time: 1 minute.
• I'm a Rewriter: A writer gets recognition. Reading time: 1 minute.
• Bumper's Story: The first four chapters from the novel. Reading time: about 50 minutes.
• Head's Law: The first chapter of the novel I decided not to use. Reading time: about 45 minutes.
• About the Author
• Books by Thomas Bulkowski

Click this link. It'll take you to amazon.com where you can find more details about the e-book and paperback.

Bumper's Story

Pushed out the window of a speeding pickup, the puppy found her way to a farmhouse. One allergic sneeze by the farmer's wife meant the puppy would bounce from owner to owner. Would Bumper find a home full of happiness or be imprisoned in a dog pound on death row?

Share the adventures of this spunky little dog as well as the difficulties faced by every pet owner who opens their heart, experiences the special joy a pet brings, but also grapples with the inevitable aging and loss of man's best friend. Buy, read, and enjoy Bumper's Story.

Based on actual events.

Read an excerpt (577k, pdf)

Buy it here:  Kindle   Nook

Head's Law

"Pay your bills or die," says Mayor Head. He's killing gears faster than the environment.

For ten years, no gear has survived birth. No one knows why. Mayor head doesn't consider that a problem. He makes money when others die.

But when a freak event jolts baby Freeman to life, Freeman begins changing the world in unexpected ways.

Will Mayor Head let Freeman and his friends live to create a better world, or will Head's Law kill them as it has so many others?

As uplifting as Bach's Jonathan Livingston Seagull and as rebellious as Ayn Rand's Anthem, Head's Law is as unique as it is thrilling, a science fiction masterpiece with non-stop action.

This debut novel from one of America's most talented writers, will not only capture your heart, but keep it pounding to the very end.

Read an excerpt (220k, pdf)

Buy it here:  Kindle  Nook

Which Non-Fiction Book Should I Buy First?

• Chart Patterns: After the Buy.
  Focus: Shows how stocks typically behave after a chart pattern appears.
  My book, Encyclopedia of Chart Patterns is to human anatomy as Chart Patterns: After the Buy is to human behavior. Chart Patterns: After the Buy shows how a stock acts after a chart pattern appears, so we can use that knowledge before buying to boost the odds of trading success. It covers chart patterns, but from a different perspective than all of my other books. Read an excerpt on double bottoms from the book (pdf: 1.58 mb). This book is meant as a reference.
• Encyclopedia of Candlestick Charts
  Focus: Candlesticks and their performance. This book is the definitive reference book covering 103 candlestick patterns. This is one of the few candlestick books that tests each candle pattern and reports on that performance in a clear and concise manner.
• Encyclopedia of Chart Pattern, 3rd Edition.
  Focus: The internals of chart patterns.
  This is a definitive (and popular) reference book on chart patterns, reviewing 53 chart and 10 event patterns packed with performance information, identification guidelines, failure rates, breakout statistics, size and height stats, volume stats, trading tactics, and more. It peaked at #5 in Australia at Amazon.com.
• Fundamental Analysis and Position Trading
  Focus: Value investing.
  A primer about value investing (P/E and PSR ratios, book value, cash flow, dividends, and so on) and adding market timing to a buy-and-hold strategy using position trading. I test each of the fundamentals to see how they perform. The book tells what to look for when selecting stocks to double your money and to find 10-baggers (stocks that rise by 10 times the investment).
• Getting Started in Chart Patterns, 2nd Edition
  Focus: Chart pattern information and trading the stock market for beginners.
  This book is a popular, low cost choice for both the novice and expert trader wishing to tune-up the basics. Written as a narrative (not a reference book), it discusses chart patterns and includes details on many of my trades, so you can get a feel for how I use chart and event patterns.
• Swing and Day Trading
  Focus: Swing and day trading.
  The book explains how to use chart patterns to swing and day trade, including major reversal times for day traders, plus the opening range breakout and opening gap setups. This book zeros in on the shorter time scales. It also includes a chapter on horror stories, which is an interesting read all by itself. I interview traders and discuss their botched trades.
• Trading Basics
  Focus: Information you'll need when trading or investing in the stock market.
  This book covers subjects like how much money you'll need for trading/investing, position sizing, scaling in and out of positions, leverage, dollar cost averaging, portfolio composition, how long to hold a stock, with entire chapters dedicated to stop placement, and support & resistance. It has a chapter on 45 tips every trader should know. This book tests each idea to see how well it performs and provides an in-depth look at what you need to invest and trade stocks.
• Trading Classic Chart Patterns.
  Focus: a scoring system for chart patterns.
  The book introduces a scoring system to help you select the most popular chart patterns that lead to big gains.

One Testimonial

Here's a testimonial that's worth reading not for what he says about my books (which is nice) but about his success trading the markets.

Dear Mr. Bulkowski,

I'm a 22-year old college student and an options trader. For the last year and four months, before June, I virtually traded options at real time, turning one hundred thousand into five million. Then, at the beginning of the summer, I opened my first real money account, and have made a little less than 1,200% on my account, never having more than 30% of my entire account invested at one time, never having more than 15% in one stock (now no more than 10%, eventually I'll get it down to having no more than 5%).

I got started in charts with Getting Started in Chart Patterns, I followed that book with Encyclopedia of Chart Patterns, and followed that with Trading Classic Chart Patterns, with the recommendations listed on Dan Zanger's site. I loved those books so much that I bought Encyclopedia of Candlestick Charts, since I'm a fan of charts. I was amazed at how much I had already figured out. You put names to what I was just observing and statistics that made me even more profitable. I keep both your encyclopedias next to my computer while I go over my stocks ever night, and I see a break out.

My parents are mad at you because now they can't claim me on their taxes this year. Just kidding, I bought my dad the boat he always wanted because they matched my account which gave me a few extra dollars to play with.

I hope your trading is doing well and your doing well.

Thank You So Much. Your Books Are Awesome.

-- Trader01603

Thinking of buying an Encyclopedia? Read this.

Occasionally I receive emails thanking me for my website and books. However, it's rare to receive one like what you'll read next (used with permission). Thanks for the kind words, C.O.

Mr. Bulkowski:

I wrote to you some 9 years back or so, to tell you of my success trading. Starting with $2k in 2009, by 2011, I had turned it into $430K. Unlike most, my story didn't stop there. I've had only two losing years, 2016 (my father died) and I lost 14%, and 2017, I got married and I lost 12%. Other years I've had returns that could be called major. I have since traded consistently into the high seven figures. Last year was a golden year for me, where I traded a $10K Vacation account into $530K (as well as seeing a near 1,000% return on my major account--a good come back after two down years.)

I'm a 90% Technical Trader that trades everything. Stocks, futures, and Forex. And I've used your two encyclopedias as my tools to trade those markets clearly.

Encyclopedia of Candlestick Charts [pictured] is by far one of the most in depth books I've read on the subject of candlestick charting, and it's also the most accurate, and inaccurate (but it's what I've used to make the most profit on). Using Candlestick patterns isolated, I've seen continuation moves after an engulfing pattern that should've been a reversal, and each of the failure ,or randomness that you attest to I've seen. This makes the book hugely accurate. But, your analogy of three blind men being no better at finding their location together, than apart, I believe is wrong. Not the analogy itself, but the argument that taking Candlestick patterns into consideration in a bigger picture.

[Encyclopedia of Chart Patterns, 2nd Edition, pictured on the right is the second encyclopedia he is referring to] I began to combine them with basic chart patterns. Broadening ascending and descending patterns, Inverted cups, Head and shoulders (complex and simple), Bump and Run patterns, Encyclopedia of Chart Pattern, 3rd Edition double top, and double bottom, and about 6 or so other patterns that I've found along the way that work across markets, and have been hugely profitable.

It's been a decade since I've started trading. A decade of reading and studying your books, watching and comparing things to the markets, and I must say, your two encyclopedias have produced some of the best and most accurate frames of patterns and their reliability that I've ever seen.

Just thought I'd share that with you. Heartfelt thank you for all you've added to the trading community.

C. O.

Chart Patterns: After the Buy

I looked at thousands of chart patterns to discover how they behaved after placing a trade. Then I used that knowledge to help predict which chart patterns would outperform.

The book covers the most popular chart patterns but also other seldom-discussed patterns, too.

View a chapter excerpt on double bottoms (pdf: 1.58 mb) by clicking the link, courtesy of John Wiley & Sons.

Chart Patterns: After the Buy Table of Contents

Here's what Amazon.com has to say.

Chart Patterns: After the Buy goes beyond simple chart pattern identification to show what comes next. Author and stock trader Thomas Bulkowski is one of the industry's most respected authorities in technical analysis; for this book, he examined over 43,000 chart patterns to discover what happens after you buy the stock. His findings are detailed here, to help you select better buy signals, avoid disaster, and make more money.

Bulkowski analyzed thousands of trades to identify common paths a stock takes after the breakout from a chart pattern. By combining those paths, he discovered the typical routes a stock takes, which he calls configurations. Match your chart to one of those configurations and you will know, before you buy, how your trade will likely perform. Now you can avoid potentially disastrous trades to focus on the big winners.

Each chapter illustrates the behavior of a specific pattern. Identification guidelines help even beginners recognize common patterns, and expert analysis sheds light on the period of the stock's behavior that actually affects your investment. You'll discover ideal buy and sell setups, how to set price targets, and more, with almost 370 charts and illustrations to guide you each step of the way. Coverage includes the most common and popular patterns, but also the lesser-known ones like bad earnings surprises, price mirrors, price mountains, and straight-line runs. Whether you're new to chart patterns or an experienced professional, this book provides the insight you need to select better trades.

• Identify chart patterns
• Select better buy signals
• Predict future behavior
• Learn the best stop locations

Knowing the pattern is one thing, but knowing how often a stop will trigger and how often you can expect a stock to reach its target price is another matter entirely-and it impacts your trade performance immensely. Chart Patterns: After the Buy is the essential reference guide to using chart patterns effectively throughout the entire life of the trade.

Getting Started in Chart Patterns, Second Edition

Getting Started in Chart Patterns, 2nd Edition Chart pattern analysis is not only one of the most important investing tools, but also one of the most popular. Filled with expert insights and practical advice from one of the best in the business, Getting Started in Chart Patterns, Second Edition helps new and seasoned traders alike profit by tracking and identifying specific chart patterns.

Substantially revised and expanded, this new edition of the popular guide now includes additional charts for ETFs and mutual funds. It introduces more than 40 key chart formations, as well as trading tactics that can be used in conjunction with them. It supplies actual trades (with dollar amounts), along with author Thomas Bulkowski's frank discussion of how trading behavior can affect the bottom line.

Interwoven throughout the technical presentations are fascinating anecdotes drawn from the author's quarter-century as a professional trader that vividly demonstrate how one of the best in the business leverages the power of chart patterns.

Getting Started in Chart Patterns, Second Edition Table of Contents

Testimonial

"I started out in late 2003 with $123,000 in our multiple IRA accounts. My results, focusing exclusively on the Precious Mining Junior Exploration Companies, really took off AFTER I read your [Getting Started in Chart Patterns] book. By March 2006, our IRA accounts had exceeded $1,000,000. Your explanations of Support & Resistance; Fibonacci retracements; and High, Tight Flag formations really paid off!" -- email from Rich K. of California

Endorsements

(from the book cover):

"When it comes to chart reading, Thomas Bulkowski can be categorized as a sui generis (constituting a class alone). Combining objective analysis with a fictional element has resulted in a highly entertaining read, one that any trader will benefit from." Jayanthi Gopalakrishnan, Editor of Technical Analysis of Stocks & Commodities magazine.

"Nobody explains the nuts and bolts of how - exactly - to use chart patterns to make real money in trading like Tom Bulkowski. I always do better in my own trading after reading a Bulkowski book. This is the practical, down-to-earth guidance you have been looking for in books on technical analysis. Bulkowski doesn't give you platitudes - he gives you live examples. Even better, he admits that patterns don't always deliver what we expect and he quantifies both success and failure rates for the top moneymaking patterns. Nobody writes about chart work better than Bulkowski." - Barbara Rockefeller, independent trader and advisor (www.rts-forex.com), author of Technical Analysis for Dummies.

"In Getting Started in Chart Patterns, Bulkowski offer easy-to-apply advice for looking at charts and making them work more effectively for you in your trading. It is his passion; it probably also will become yours after reading this book. A must for budding technicians!" - Gail Osten, Executive Editor of Stocks, Futures & Options (SFO) magazine.

Trading Basics: Evolution of a Trader

This is a portion of Trading Basics: Evolution of a Trader from the preface

The three books in the Evolution of a Trader series were written for people unfamiliar with the inner workings of the stock market, but will curl the toes of professionals, too.

Research is used to prove the ideas discussed, but is presented in an easy to understand and light-hearted manner. You will find the books to be as entertaining as they are informative and packed with moneymaking tips and ideas. Use the ideas presented here to hone your trading style and improve your success.

Whether you are a novice who has never purchased a stock but wants to, or a professional money manager who trades daily, these books are a necessary addition to any market enthusiast's bookshelf.

Trading Basics

The first book in the Evolution of a Trader series begins with the basics, creating a solid foundation of terms and techniques. Although you may understand market basics, you will learn from this book.

How do I know? Take this quiz. If you have to guess at the answers, then you need to buy this book. If you get some of them wrong, then imagine what you are missing. Answers are at the end of the quiz.

From Chapter 2, Money Management

1. True or false: Trading a constant position size can have disastrous results.

2. True or false: A market order to cancel a buy can be denied if it is within two minutes of the Nasdaq's open.

3. True or false: Dollar cost averaging underperforms.

From Chapter 3: Do Stops Work?

1. True or false: Fibonacci retracements offer no advantage over any other number as a turning point.

2. True or false: A chandelier stop hangs off the high price.

3. True or false: Stops cut profit more than they limit risk.

From Chapter 4: Support and Resistance

1. True or false: Peaks with below average volume show more resistance.

2. True or false: Support gets stronger over time.

3. True or false: The middle of a tall candle is no more likely to show support or resistance than any other part.

From Chapter 5: 45 Tips Every Trader Should Know

1. True or false: Fibonacci extensions are no more accurate than any other tool for determining where price might reverse.

2a. True or false: Only bullish divergence (in the RSI indicator) works and only in a bull market.

2b. True or false: Bullish divergence (in the RSI indicator) fails to beat the market more often than it works.

3. True or false: Price drops faster than it rises.

From Chapter 6: Finding and Fixing What Is Wrong

1. True or false: The industry trend is more important than the market trend.

2. True or false: Holding a trade too long is worse than selling too early.

3. True or false: Sell in May and go away.

The answer to every statement is true.

Trading Basics Table of Contents

Fundamental Analysis and Position Trading: Evolution of a Trader

This is a portion of Fundamental Analysis and Position Trading: Evolution of a Trader from the preface

The three books in the Evolution of a Trader series were written for people unfamiliar with the inner workings of the stock market, but will curl the toes of professionals, too.

Research is used to prove the ideas discussed, but is presented in an easy to understand and light-hearted manner. You will find the books to be as entertaining as they are informative and packed with moneymaking tips and ideas. Use the ideas presented here to hone your trading style and improve your success.

Whether you are a novice who has never purchased a stock but wants to, or a professional money manager who trades daily, these books are a necessary addition to any market enthusiast's bookshelf.

Fundamental Analysis

This book explains and describes the test results of various fundamental factors such as book value, price-to-earnings ratio, and so on, to see how important they are to stock selection and performance.

The Fundamental Analysis Summary chapter provides tables of fundamental factors based on hold times of one, three, and five years that shows which factor is most important to use for those anticipated hold times. The tables provide a handy reference for buy-and-hold investors or for other trading styles that wish to own a core portfolio of stocks based on fundamental analysis.

Chapters such as "How to Double Your Money," "Finding 10-Baggers," and "Trading 10-Baggers" put the fundamentals to work. The chapter titled "Selling Buy-and-Hold" helps solve the problem of when to sell long-term holdings.

Position Trading

The second part of the book explores position trading. It introduces market timing to help remove the risk of buying and holding a stock for years.

Have you heard the phrase, Trade with the trend? How often does a stock follow the market higher or lower? The section titled, "What is Market Influence on Stocks?" provides the answer.

This part of the book looks at how chart patterns can help with position trading. It discloses the 10 most important factors that make chart patterns work and then blends them into a scoring system. That system can help you become a more profitable position trader when using chart patterns.

Six actual trades are discussed to show how position trading works and when it does not. Consider them as road maps that warn when the road is bumpy and when the market police are patrolling.

Eric Andersen writes, "I read "Fundamental Analysis and Position Trading" most recently. That is a gold mine."

Fundamental Analysis and Position Trading Table of Contents

Swing and Day Trading: Evolution of a Trader

This is a portion of Swing and Day Trading: Evolution of a Trader from the preface

The three books in the Evolution of a Trader series were written for people unfamiliar with the inner workings of the stock market, but will curl the toes of professionals, too.

Research is used to prove the ideas discussed, but is presented in an easy to understand and light-hearted manner. You will find the books to be as entertaining as they are informative and packed with moneymaking tips and ideas. Use the ideas presented here to hone your trading style and improve your success.

Whether you are a novice who has never purchased a stock but wants to, or a professional money manager who trades daily, these books are a necessary addition to any market enthusiast's bookshelf.

Swing Trading

The last book of the three covers Swing and Day Trading: Evolution of a Trader. The first part of the book highlights swing trading techniques, explains how to use chart patterns to swing trade, swing selling, event patterns (common stock offerings, trading Dutch auction tender offers, earnings releases, rating changes, and so on) and other trading setups.

It tears apart a new tool called the chart pattern indicator. The indicator is not a timing tool, but a sentiment indicator that is great at calling major market turns.

Day Trading

Day trading reviews the basics including home office setup, cost of day trading, day trading chart patterns, and the opening range breakout. It discusses research into the major reversal times each day and what time of the day is most likely to set the day's high and low-valuable information to a day trader.

An entire chapter discusses the opening gap setup and why fading the gap is the best way to trade it. Another chapter discusses the opening range breakout setup and questions whether it works.

Ten horror stories from actual traders complete the series. They have been included to give you lasting nightmares.

Swing and Day Trading Table of Contents

Encyclopedia of Candlestick Charts

Thinking of buying this encyclopedia? Read this.

Before I make a trade, I look at the probability of the candle acting as a reversal or continuation, and how far price can be expected to move once I am in the trade (based on the candle height). That information is in my book, and it is well worth the cost of it.

Let me give you another example. For Apple stock (AAPL) on November 13, 2007, I found an above the stomach candle. The book says (page 89) that the candle acts as a bullish reversal 66% of the time. The upward target is 183.39 with a 61% probability of reaching 191.33 (page 93). A downward target is 139.84 with a 53% probability of reaching 130.28. The current close is 169.96. After a bumpy start, the stock moved up in a straight-line run to 187.70 on November 30, 2007 before pausing for a few days.

That is the kind of information you can get from my book, and that is how I put it to good use. It gives me an edge over other traders that do not have such information. In short, it helps me make money.

Here is the slick marketing message: Candlestick patterns are footprints of the smart money and deciphering those footprints properly can bring traders and investors riches. Encyclopedia of Candlestick Charts takes an in-depth look at 103 candlesticks, from identification guidelines, to statistical analysis of their behavior, to detailed trading tactics. Never before has a book combined a comprehensive list of candlesticks with a statistical review of their performance...until now.

This easy to read and use reference book follows the same format as the best-selling Encyclopedia of Chart Patterns.

In each chapter of Encyclopedia of Candlestick Charts you'll find:

• Behavior and Rank shows how each candle is theoretically supposed to work and how it actually does, with rankings against other candlesticks plus the psychology behind the pattern.
• Identification Guidelines describe what to look for.
• Statistics include the following tables: general statistics, height statistics, volume stats, reversal rates, and performance indicators.
• Trading Tactics discuss strategies to increase profits and minimize risk
• Sample Trade walks you through a hypothetical or actual trade using real data.
• For Best Performance is a quick reference table of selection tips to boost performance

Encyclopedia of Candlestick Charts also includes chapters covering important findings, a statistics summary, glossary/methodology, and a visual index to make candlestick identification easy.

Endorsements

"Great research, great organization, and a wealth of information. Not only does Tom identify the best formations, he shows the practical way to trade each one. And, he puts the best results right in front, rather than playing hide-and-seek with the reader. You don't need to be a chartist to get value from this book. I highly recommend it." -- Perry Kaufman, author of New Trading Systems and Methods, Fourth Edition

"Man cannot live on bread alone, and according to Tom Bulkowski's research, one cannot trade by candlesticks alone. Tom's intensive statistical work seeks out the truth in the frequency and reliability of trading with candlestick charts. His exhaustive and thorough research will give the reader an eye opener to help guide them in their trading decisions. This is a must-read edition of a high-caliber piece of trading literature for every trader who uses candlecharts." -- John Person, author of Candlestick and Pivot Point Trading Triggers and President of Nationalfutures.com.

"When I wrote the Third Edition of Candlestick Charting Explained, I believed I had thoroughly covered every aspect of this respectable analysis technique. Tom has written a solid reference that can easily be used in coordination with other books in this exciting field. The Encyclopedia of Candlestick Charts is a reference that every technical analyst will want to own." -- Gregory L. Morris, Senior Portfolio Manager, PMFM, Inc, and author of Candlestick charting explained, third edition and The Complete Guide to Market Breadth Indicators.

Encyclopedia of Chart Patterns, Third Edition

Thinking of buying this encyclopedia? Read this.

The market's bestselling and most comprehensive reference on chart patterns, backed by statistics and decades of experience

When the smart money trades the securities markets, they leave behind financial footprints. Combine enough footprints together and you have a trail to follow. That trail becomes what's called a chart pattern. Encyclopedia of Chart Pattern, 3rd Edition expands upon Bulkowski's immensely popular Second Edition with fully revised and updated material on chart patterns. Whether you're new to the stock market or an experienced professional trader, use this book as a reference guide to give you an edge.

Within the pages of this book, you'll learn how to identify chart patterns, supported by easy-to-understand performance statistics describing how well a pattern works, what the failure rate is, and what special quirks suggest better future performance. You'll discover how often a stop loss order will trigger at various locations within a chart pattern, how the chart pattern's performance has evolved over the past three decades, and how to profit from failure by trading busted patterns.

This broadened and revised Third Edition offers investors the most comprehensive, up-to-date guide to this popular method of market analysis. Written by a leading expert on chart patterns, Tom Bulkowski, this edition includes revised statistics on 75 chart patterns including 23 new ones, with pictures and performance statistics, packaged within easy-to-read text.

• Gain essential knowledge of chart patterns and how they are used to predict price movements in bull and bear markets
• New tables include how often stops are hit, busted pattern performance, performance over the decades, and special pattern features
• Joining Tour, Identification Guidelines, Focus on Failures, Statistics, Trading Tactics and Sample Trade is Experience. It puts you in the passenger's seat so you can share lessons learned from Bulkowski's trades
• This edition reports on statistics from nearly four times the number of samples used in the Second Edition and ten times the number in the First Edition

The Encyclopedia of Chart Patterns, Third Edition further solidifies the reputation of this book as the leading reference on chart patterns, setting it far above the competition.

Encyclopedia of Chart Patterns, Third Edition, Contents

* New to this edition

AB=CD PATTERN, BAT PATTERN, BUTTERFLY PATTERN, CRAB PATTERN are registered trademarks of Scott Carney. Wolfe Wave is a registered trademark of Bill Wolfe.

Foresight

A scientist at Los Alamos National Laboratory discovers a way to create intelligent life—orbs. With their ability to see the future, she hopes they will help guide humanity. But when the orbs sneak out of the lab, will they use their foresight to improve the world or will they submit to others who want to use orbs to enrich themselves?

Meet Miles, a male orb, who struggles to be good and help others even as he makes choices that place his life, and others, in jeopardy. Will he sacrifice himself to save his best friend, an autistic girl?

One reader wrote, "It did not disappoint. I read the entire book in one sitting." -- DJB

This book is suitable for anyone, young or old, who believes in possibilities. Buy and read this heartwarming—and thrilling—novel about the life of orbs.

Read a sample chapter at Amazon Available in paperback and e-book editions.

Trading Classic Chart Patterns

In his follow-up to the well-received Encyclopedia of Chart Patterns, Thomas Bulkowski gives traders a practical game plan to capitalize on established chart patterns. Written for the novice investor but with techniques for the professional, Trading Classic Chart Patterns includes easy-to-use performance tables, vivid case studies, and a scoring system that makes trading chart patterns simple. This comprehensive guide skillfully gives investors straightforward solutions to profitably trading chart patterns. Trading Classic Chart Patterns also serves as a handy reference guide for favorite chart patterns, including broadening tops, head-and-shoulders, rectangles, triangles, and double and triple bottoms. Filled with numerous techniques, strategies, and insights, Trading Classic Chart Patterns fits perfectly into any pattern trader's arsenal.

From the Inside Flap

From the author of the Encyclopedia of Chart Patterns comes his latest work, Trading Classic Chart Patterns, a groundbreaking primer on how to trade the most popular stock patterns. Written for the novice investor but containing techniques for the seasoned professional, this comprehensive guide includes easy-to-use performance tables supported by statistical research. By using a simple scoring system, you'll learn how to predict the performance of a chart pattern almost by looking at it.

If you're new to chart patterns, technical analysis, or to stock market investing itself, the "Getting Started" section provides new ideas on trendlines, support and resistance, placing stops, and avoiding common investment mistakes. As your trading knowledge and experience increase, the "Trading Classic Chart Patterns" section will serve as a handy reference guide for your favorite chart patterns, including broadening tops, head-and-shoulders, rectangles, triangles, and triple tops and bottoms. You'll quickly learn about the Adam-and-Eve combinations of double tops and bottoms, and how to select the best performers while avoiding the losers.

You'll discover:

• How to use the price trend leading to a chart pattern as a gauge of future performance
• Why breakout gaps often improve performance-but by less than you think
• How tall formations perform substantially better than short ones
• What a partial decline is and how to buy in early for a larger profit
• Whether high breakout volume really improves performance
• How to identify horizontal consolidation regions that may stop prices dead in their tracks
• A new tool, called the horizon failure rate, to assess performance over time

The scoring system makes trading chart patterns simple. Use the performance tables to score your stock pattern, then add up the scores. If they total above zero, the stock is an investment candidate; if they are below zero, you'll know to avoid that particular stock. It's that easy!

Trading Classic Chart Patterns is a trader's reference that's destined to become a classic. This book is an invaluable resource that provides the obvious answer-Yes!-for every investor who has wondered if trading chart patterns can be profitable.

Endorsements

"No one -- not even the pioneers of technical analysis like Dow, Schabacker, Edwards, and Magee -- has ever published such an in-depth and objective research on chart patterns as Thomas Bulkowski has in his Encyclopedia of Chart Patterns and his new book, Trading Classic Chart Patterns. Bulkowski sees farther, not only because he stands on the shoulders of those giants, but also because he has the creativity necessary to develop new methods of quantifying the performance of chart patterns and the tenacity required to carry out the laborious research. Highly recommended!" -- Thomas A. Bierovic, author Playing for Keeps in Stocks & Futures: Three Top Trading Strategies That Consistently Beat the Markets

Book Corrections

The publisher corrects the books as new printings occur (in theory). If you find a mistake, then contact me, Tom Bulkowski.

-- Thomas Bulkowski

Books: The original laptop.