V.15:13 (601-602): Quick Scans: Trading Without Fear by Bruce Faber
Product Description
Trading Without Fear, Eliminating Emotional Decisions with Arms Trading Strategies (Richard W. Arms Jr.) by Bruce Faber
Technician Richard Arms is of the mind that although the price of a security may tell us what’s happening with that security, it’s the trading volume that tells us how it’s happening. Arms has devoted much of his career to finding ways of including volume in the visual depiction of a security’s movement on the charts of the technical analyst.
Arms’s first major contribution to technical analysis was the now–widely used Arms index, sometimes referred to as the short-term trading index (TRIN). Whichever name it goes by, today it can usually be found on the tickers that run across the bottom of financial television broadcasts or around the walls of the Wall Street caverns.
Technician Richard Arms is of the mind that although the price of a security may tell us what’s happening with that security, it’s the trading volume that tells us how it’s happening. Arms has devoted much of his career to finding ways of including volume in the visual depiction of a security’s movement on the charts of the technical analyst.
Arms’s first major contribution to technical analysis was the now–widely used Arms index, sometimes referred to as the short-term trading index (TRIN). Whichever name it goes by, today it can usually be found on the tickers that run across the bottom of financial television broadcasts or around the walls of the Wall Street caverns.
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