The New Science of Technical Analysis Wiley Finance: Amazon.co.uk: Thomas R. DeMark: Books

Product Description

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

From the Inside Flap

The New Science of Technical Analysis He’s been a most–valued advisor to such financial barons as Leon Cooper–man and Laurence Tisch. He and his models have shaped the investment strategies at some of the largest and most successful trading operations in the world, including Tudor Group, Odyssey Partners, and Warburg, Pincus. His word is gold among decision–makers at such investment giants as Goldman Sachs, Citibank, Discount Corp., and Criterion Fund. Now, at last, Thomas DeMark has decided to go public and share with traders and investors everywhere the proven forecasting techniques that have made him one of the most potent behind–the–scenes forces in the financial world. In this, his long–awaited first book, technical analysis guru Thomas R. DeMark describes the sophisticated market timing models, which he developed over the course of nearly a quarter century, devoted to the study of market trends and forecasting techniques. Rigorously scientific, rather than "artistic" or intuitive, the empirically based approach DeMark describes eliminates the reliance on gut–feelings and guesswork and serves as the rational foundation for dynamic systems that mechanically generate buy and sell signals. Proven to work with every type of market and all forms of data, these systems, along with a number of new and highly effective indicators which he introduces for the first time in this book, will dramatically improve your trading capability and versatility. Written for readers of every degree of technical sophistication, The New Science of Technical Analysis progresses in difficulty from the basics of how to draw a trend line, to high–level discussions of the subtleties of the latest enhancements to popular indicators. Hence, while it arms the seasoned professional with a retinue of new and exciting tools which can be quickly integrated into his or her current analytical toolkit, the scientific approach to chart analysis it describes provides beginners with a solid foundation upon which to build a high order of trading research expertise. The first book to reveal the technical secrets behind one of the most potent forces in finance today, The New Science of Technical Analysis is sure to be ranked among the rare handful of books that irrevocably transform the way business is done around the world.

See all Product Description

Customer Reviews

2 star

3.9 out of 5 stars

Write a customer review

Most Helpful Customer Reviews

2 of 2 people found the following review helpful

exceptional book 24 Oct 1998

By A Customer

Format:Paperback

I'm a full-time trader who has been successful for years trading on the floor. The only disadvantage was that my potential was limited. Having read this book, my performance has improved immensely. The indicators described in this book are extraordinary. They're unique and each is valuable in its own right. The book is highly recommended.

Comment |

Was this review helpful to you?

Yes

1 of 1 people found the following review helpful

the amount of information in this book astounding 22 April 1999

I've purchased two copies of this book. One is my copy to highlight and make annotations. The other sits on the bookshelf. I get more fufillment out of creating variations of ideas presnted in the book. I've read it atleast 10 times and each time I uncover more information. It's amazing how much I have learned from this book alone. Additionally, it's been a catalyst inciting me to develop original ideas of my own. My goal is to write my own book and enhance upon Mr. DeMark's orignial ideas. I've never been more inspired than having read this book and applying various ideas presented by the author.

creative methods for timing the markets 4 Feb 1999

i read many reviews of this book before i bought it. the praise is well justified and some of the criticism relates to the author's attempt to pack as much punch as posible into each sentence. my observation is that most criticism is from those individuals whose first language is not english or who are unfamiliar with some of the jargon used by traders. once one overlooks these peeceived deficiencies the content far exceeds them. i had the opportunity to hear the author speak on a couple of occasions. by reading the book i was able to connect all the dots.i found the models to be original and complete. i recommend it highly for serious students of the market and want-to-be traders alike.