New 47 Page eBook Download on Spotting Trading Opportunities
The folks at Club Elliott Wave International (Robert Prechter’s site) released what I think is a very generous limited time free download of a 47-page e-book simply entitled “How to Spot Trading Opportunities” that I wanted to share with you – it’s not just for those interested in Elliott Wave but for much broader traders.
This is from a larger volume written by long-time analyst Jeffrey Kennedy. In introducing the e-book, Jeffrey writes:
“What if you could look at a chart and instead of seeing what happened, you could see the potential trading opportunities that could happen.
Elliott Wave International (EWI), the world’s largest market forecasting firm, has just released a free eBook to teach you exactly that.
The How to Spot Trading Opportunities eBook features 47-pages of easy-to-understand trading techniques that help you identify high-confidence trade setups. Senior EWI Analyst Jeffrey Kennedy will show you how some of the simplest rules and guidelines have some of the most powerful applications for trading.
Created from the $129 two-volume set of the same name, this valuable eBook is offered free until September 23, 2009.”
My special thanks to Jeffrey and the Team at Club EWI for making this available to us and allowing me as an affiliate to share this with you.
Corey Rosenbloom, CMT
There is a problem with downloading the book. After you login with your EWI account, the site attempts to load the doc, but fails.
I'm sorry to hear that – I just checked and was able to download successfully.
I'll email them to check for errors or compatibility with browsers. I haven't heard of anyone else having problems but feel free to share if so.
Corey,
Been following a good while now. Got a quick question if you don't mind. Been testing different strategies (trendfollowing and breakouts) and am looking for some type of platform where I can learn some basic programming techniques for this type of mechanical system. I have been developing most systems in Excel but that is getting pretty time consuming for multiple asset classes/ eqities. Have looked at wealthlab, strategy desk and tradestation. (even downloaded something called quantshare) Having only been trading/investing/researching/learning for a few years but spend the day job in excel.
(just checked out trade station, it there a trial platform or trading minimum to reduce cost?)
Thanks.
Any ideas would be great.
Thanks Andrew! Glad to have you as a reader.
Excel is definitely a good start, as you can take the historical data and program strategies, but it's often labor/time intensive as you've found out.
I can only speak to my experience in TradeStation and TraDecision and I much prefer TradeStation – it's language is easily picked up and intuitive and can be a simple or complex as you want it. Plus, it runs multiple (optimization) tests and produces detailed results on your strategy. The drawback is that you can only test one stock/ETF at a time – not good for portfolio testing.
I've heard other software is better for portfolio testing, but I have no personal experience in that.
Rob Hanna of Quantifiable Edges is a great resource for testing in TradeStation. Check his site out if you get a chance.
Reference the trading minimum on TradeStation's homepage (5,000 shares, 10 futures contracts, 50 option trades, etc).
Otherwise, it's $99 per month (without RadarScreen). Not trying to do a sales pitch – it's just what I'm familiar with.
Thanks for your question!
Yes historical data is key to future success in trading.
Yes historical data is key to future success in trading.
Our director Scott has lectured to MBA students at RMIT and undergrad students at Swinburne and Monash universities. He is also passionately involved with the Association of Financial advisers and is a participant in the mentoring program.