Trading without Fear: Eliminating Emotional Decisions with Arms Trading Strategies by Richard W. Arms, ISBN 9780471137481

Publisher Description:
The long-awaited book by one of today's foremost technical analysts "Dick Arms has long been recognized as one of the pioneers in volume analysis, as exemplified in the Arms Index. Perhaps his greatest breakthrough, however is Equivolume Charting." - John J. Murphy, Technical Analyst for NBC and author Technical Analysis of the Futures Markets and Intermarket Analysis His Equivolume charting system is built-in to the most popular stock and futures software. His Arms Index-also known as the Short-Term Trading Index or TRIN-has become so important to understanding the markets that the Wall Street Journal features it daily, and CNBC displays it across the ticker tape once each minute. Now Richard Arms succinctly explains the strategies underpinning volume analysis, an objective, emotion-free technical analysis and trading system that allows everyday individual investors to combine price and volume data for common stocks into a single chart that reliably forecasts long-term market moves.* Helps investors eliminate fear, a constant cause of paralysis, from their investment decisions * Presents new material on ease of movement and volume-adjusting averages not available elsewhere RICHARD W. ARMS, Jr., (Albuquerque, New Mexico) is President of the Arms Companies, an investment management firm, and the portfolio manager for Investors Research Fund, a mutual fund which strives for capital appreciation by using the techniques he developed. A much sought-after consultant to professional money managers, he publishes a bi-weekly advisory letter which appears electronically on the DBC Signal quotation network.