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From the Foreword by John J. Murphy "DeMark's work as a consultant has been restricted to large institutions and many of the legendary traders in the world today. By sharing his creative ideas with us, as well as his passion for precision and improvement, Tom DeMark's emphasis on the 'new science' of technical analysis helps push the technical frontier another step forward. With the unprecedented attention now being paid to technical analysis, this new book couldn't have come at a better time." --John J. Murphy, bestselling author of Technical Analysis of the Futures Markets and Intermarket Technical Analysis, and technical analyst for CNBC "This book is filled with innovative, creative, and clever new ideas on technical analysis. Tom DeMark has done a wonderful job of turning subjective techniques into objective strategies and tactics." --Courtney Smith President and CIO Pinnacle Capital Management, Inc. "Those who know him and his work call him the consummate technician--a trading system developer without peer." --Futures magazine "DeMark is the ultimate indicator and systems guy. No one touches him. I know the Holy Grail of trading systems doesn't exist because if it did, Tom would have found it by now." --James Bianco Director of Arbor Trading "Tom DeMark is a genuine leader who has been behind-the-scenes until now. Publishing DeMark is a coup." --Ralph Vince author of The Mathematics of Money Management Review: 5 stars - excellent Review: Worth it for chapter #1 - TD suppy and demand lines. If I only knew before the rules for trendlines I would have save a lot of time and wasted effort. I can't comment on this book past chapter #1 as I've not gone any further. However, this book is worth the purchase many times over just for the proper explaination of trendlines. As this book was recommended to me for the first 2 chapters, I will also recomend it if only for the first. Before I could look at the same chart of a currency pair and "see" different trend lines. Oh, I think that is one. But now I will look at the same chart and see the same trendlines every time. This goes a long way to making trading a repeatable, measurable proccess... essential to success.
| Best Sellers Rank | #1,013,640 in Books ( See Top 100 in Books ) #299 in Accounting (Books) #412 in Business Investments #5,335 in Investing (Books) |
| Customer Reviews | 4.2 out of 5 stars 61 Reviews |
H**A
5 stars
excellent
D**N
Worth it for chapter #1
TD suppy and demand lines. If I only knew before the rules for trendlines I would have save a lot of time and wasted effort. I can't comment on this book past chapter #1 as I've not gone any further. However, this book is worth the purchase many times over just for the proper explaination of trendlines. As this book was recommended to me for the first 2 chapters, I will also recomend it if only for the first. Before I could look at the same chart of a currency pair and "see" different trend lines. Oh, I think that is one. But now I will look at the same chart and see the same trendlines every time. This goes a long way to making trading a repeatable, measurable proccess... essential to success.
T**I
this is a great place to start
If you want to learn technical analysis, this is a great place to start. It covers analysis of charted assets in a level of precise detail that other sources I've seen do not. Many of the tools in this book were developed by Tom DeMark himself, and are time tested on Wall St. over decades, so they are reliable methods.
R**N
Good deal
Great price
R**R
The new science od technical analysis
This book is written in a difficult way to understand. I have read over a 100 books on the market and this one doesn't explain how he arrives at conclusions. Roger
A**Y
Must buy, read and apply!
This book is a must read! My trading is exactly based on TD Trend-lines. I love this book, re-read this book many times. If you respect your trading, buy this book and read and apply to your trading.
O**E
Eye opener
Unlike other technical analysis books, which focus on head-and-shoulders and other patterns and simple things like moving averages, DeMark's "New Science" book provides the reader two valuable things: 1) ready-to-implement technical indicators that can be programmed (assuming you have access to the necessary data), and 2) ideas for further research. My personal experience is that I haven't made any money using his indicators. For example, the Sequential indicator used to work but after the Internet bubble I've lost money with this indicator. But it did give me some ideas and made me look beyond things like double bottom which are even less reliable, not to mention difficult to implement. If you are into trading system building and/or using formulas to create indicators, this is a must-read.
M**S
Excellent!
I found it very interesting. The way that Mr. Demark is very different of everything that I read. I recommend this book
J**I
Ottimo testo pieno di spunti
Interessante testo scientifico. Un po' difficile la lettura, ma sicuramente un testo da leggere, rileggere, masticare e digerire con calma
M**I
Five Stars
Excellent!!!
N**S
Classic of classis
Probably the only book any technical analyst needs to read (Beside Dalton of course)
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