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Profitable Patterns for Stock Trading by Larry Pesavento, ISBN 0934380473 Summary

Profitable Patterns for Stock Trading

Profitable Patterns for Stock Trading Full Description

Intended audience is short term stock traders as well as long term stock investors. This book takes the trader/investor into the realm of the geometric patterns apparent in all stock charts. Easy to understand chart examples illustrate why these numbers from "sacred geometry" form the classical chart patterns and it demonstrates that these patterns can be quantified. The correct use of Fibonacci numbers in pattern recognition is fully explained. Covers intraday trading and longer term investing. Money management, risk control, and useful entry/exit techniques are discussed.