Palmquist uses the results of his extensive backtesting techniques to smash many of today's popular trading myths and get down to the truth -- while handing you six complete trading systems, including exactly how and when to use them.
Each system has been analyzed and tested in various time periods and market conditions using specific rules and various filters, all in order to determine how and when each system is most effective. Palmquist shares all of the research and results with you to reveal the design, development, and testing that goes into creating profitable trading strategies. You will learn:
[[ How to determine market conditions,
[[ Four key things to look for in backtesting results,
[[ How to use Bollinger bands to trade overbought and oversold stocks,
[[ How to play pullbacks and retracements in trending stocks, volume accumulations, and distribution patterns,
[[ And much more.
Smart traders will realize that making predictions about the market is a losing battle. Learn to observe and determine market conditionsthen simply select the tool that you know works the best, and see how profitable this kind of market adaptive trading can be.
"Palmquist does an excellent job of meticulously validating six trading methods. He thoroughly backs his research with historical and statistical data to stress the importance of context and market conditions. This book gives the trader a real look at the components under the 'hood' and helps the traders to understand how and when to apply the methods to achieve the most optimum results. Very well done!"
--Jea Yu, UndergroundTrader.com