A cutting-edge guide to turning technical analysis into trading success, Chart Your Way to Profits, Second Edition shows you how to use the powerful technology available online in conjunction with technical analysis to assess markets and make the most profitable trading decisions possible. In the book, author Tim Knight discusses the key aspects of technical analysis and reveals how to design your own charts and indicators in a way that enables you to easily monitor the markets and make solid trading decisions. This new edition discusses a wider range of technical tools within ProphetCharts and shows you how to evaluate and compare industry sectors and groups of stocks to identify the best trading opportunities. * Features many new technical tools for tracking individual stocks * Illustrates how to use the highly-rated online application ProphetCharts to create state-of-art, customized graphs * Helps hone your own analysis skills through hundreds of real-world examples Written in a straightforward and accessible manner, Chart Your Way to Profits, Second Edition not only explains technical analysis, but also provides readers with examples demonstrating how effective technical analysis can identify highly profitable trades.
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TIM KNIGHT is a hedge fund money manager and the founder of Prophet Financial Systems (now owned by TD Ameritrade), rated by Forbes magazine and Barron's as the number-one online site for technical analysis. He also writes the popular blog, slopeofhope.com. Prior to starting Prophet.net, he was vice president of products for Montgomery Securities, where he helped develop PC-based trader workstations before the development of Web trading. Knight has traded for over twenty years, primarily using technical analysis and price charts.
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