The Adam Theory of Markets [Hardback]
What Matters is Profitby J. Welles Wilder
Usually ships within 28 working days
Description of The Adam Theory of MarketsAdam Theory shows why many of the concepts that traders hold dear are doomed to failure. When you have read Adam Theory, you will never see markets in the same way again.
Adam is a bottom-line kind of thing. It's about what works, only. It may seem that it's not fancy enough or complicated enough, but that is a function of what it's about. You see, it's not about what should work or about what seems impressive. It's about one thing only - what really, actually works. And that happens to be exceedingly simple, not nearly complicated enough to be impressive.
But if we think about it, we're really only interested in one thing: What works? What matters in market is profit. Everything else is perhaps interesting, but not important.
Write a review of this book
Customer Reviews from Amazon
Contents of The Adam Theory of Markets1. Adam is...
2. A Fairy Tale
3. To Succeed in Markets We Must .....
4. There really is a lot less trading than meets the eye
5. What Matters in Markets? - Price
6. 'Is' versus 'Should'
7. Avoid Arbitrariness
8. Trading Systems
9. What Matters in Markets? - Trend
10. What is a Trend
11. What is the Most Basic Form of repetition?
12. What does Exact repetition Lead To?
13. What Leads to the Greatest Symmetry?
14. Projecting The Second Reflection
15. Constructing the Second Reflection Chart the Easy Way
16. What does the Prediction Contain?
17. Which Markets to Trade?
18. Review of Market Selection
19. How about Tops and Bottoms?
20. The Most Important Statement About Markets
21. Let Your Profits Run
22. What if we get Stopped Out?
24. Review of Adam Theory
25. When do we Enter a Trade
26. Market Example - Eastman Kodak
27. Recap of the First Example
28. The Ten Trading Rules
29. The Ten Rules Expanded
30. Market Example - Eastman Kodak
31. Market Example - Coffee
33. The Playful Commodity Trader
Other books by J. Welles Wilder