The Introduction to the Magee System of Technical Analysis

by Bassetti, W. H. C.

• ISBN13: 9780814407295
• ISBN10: 0814407293
• Edition: CD
• Format: Hardcover
• Copyright: 2002-05-01
• Publisher: Amacom Books

Summary

Written by the master of the craft, John Magee, this guide presents a methodology and philosophy for stock market decision making that he not only developed but that he practiced as an investment advisor for 45 years. He lays out a clear methodology and system for long-term trading/investment success.

Table of Contents

SECTION 1: A BRIEF HISTORY OF DOW THEORY AND THE FOUNDATIONS OF TECHNICAL ANALYSIS
Basic Tenets of Technical Analysis as Evolved from Dow Jones Theory and the Bar Chart, Tool of Technical Analysis	3	(16)
SECTION II: THE CENTRAL CONCEPTS AND VOCABULARY OF TECHNICAL ANALYSIS
Important Practical Concepts: Support and Resistance	19	(8)
The Central Concept: The Importance of Trends and Trend Channels	27	(34)
Other Important Patterns of Short-Term Import: Gaps, Spikes, Reversals	61	(12)
When to Buy, When to Sell: Stops, Hair-Trigger Stops, Progressive Stops	73	(8)
SECTION III: MAGEE'S METHODOLOGY: RISK MANAGEMENT, PORTFOLIO MANAGEMENT, AND RHYTHMIC TRADING. PRAGMATIC PORTFOLIO THEORY FROM BASSETTI
The Magee Method	81	(2)
Further Developments to the Magee Method: Portfolio A Management, Risk Control, Including Rhythmic Trading and Pragmatic Portfolio Theory	83	(8)
SECTION IV: OTHER TECHNICAL ANALYSIS TOOLS: NUMBER-DRIVEN TECHNIQUES, CANDLESTICKS, AND POINT-AND-FIGURE-CHARTING - ALGORITHMIC TRADING
Other Important Technical Analysis Methods	91	(26)
Number-Driven Methods
Moving Averages
Candlesticks
Point-and-Figure Charting
SECTION V: CONSIDERATIONS FOR TRADERS/INVESTORS OF WHATEVER STRIPE - DAY TRADERS TO LONG-TERM INVESTORS
Considerations for Short-Term Traders, Speculators, and Mid- and Long-Term Investors	117	(4)
Some Hypothetical General Trading Plans	121	(8)
SECTION VI: TRADING IS ONLY HALF SYSTEMS AND METHODS - THE OTHER 90% IS MENTAL
The Mental Side and the Philosophical Foundations	129	(14)
SECTION VII: APPENDICES
Appendix A Some Selected John Magee Letters	143	(56)
Appendix B Tekniplat Charting	199	(12)
Appendix C Continuing Study Plan	211	(2)
Appendix D Resources	213	(4)
Glossary	217	(20)
Glossary of Patterns	237	(9)
List of Diagrams	246	(1)
List of Charts	247	(2)
Index	249