The First Comprehensive Traders' Guide to Using
Bollinger Bandsfrom the Man Who Created Them
Includes handy Bollinger Bands reference card
Over the past two decades, thousands of veteran traders
have come to view Bollinger Bands as the most representativeand reliabletool
for assessing expected price action. Now, in the long-anticipated Bollinger on
Bollinger Bands, John Bollinger himself explains how to use this extraordinary
technique to effectively compare price and indicator movements.
Traders can look to this techniques-oriented book for
hundreds of valuable insights, including:
- Analysis of the primary indicators derived from Bollinger
Bands%b and BandWidth
- How traders can use Bollinger Bands to work withinstead
of againstcommonly encountered trading patterns
- Strategic use of Bollinger Bands in short-, mid-, and
long-term trading programs
- Three trading systems based on Bollinger Bands
The essence of successful investing is to determine when a
stock's price is too high or too low and then act accordingly. While John Bollinger would
be the first to argue that no techniques exist for definitively determining these levels, Bollinger
on Bollinger Bands presents an insider's examination of the one tool thatif
its widespread popularity is an accurate judge of its effectivenesscomes closer
than anything else. Concise yet comprehensive, it is one of today's truly indispensable
investment guidebooks.
"The purpose of this book is to help you avoid
many of the common traps investors get caught in, including the buy_low, sell-high trap,
where the investor buys only to watch the stock continue downward or sells only to watch
the stock continue upward. Here, the traditional, emotional approach to the markets is
replaced with a relative framework within which prices can be evaluated in a rigorous
manner leading to a series of rational investment decisions without reference to absolute
truths. "
From the Introduction
In the 1970s, market newcomer John Bollinger couldn't find
a system of investment analysis to fit his belief that all market events exist only in
relation to one another and that there are no absolutes. So he created his own.
That approachRational Analysisled to
the establishment of Bollinger Bands and ensured Bollinger's spot in investment analysis
history. Now, in Bollinger on Bollinger Bands, John Bollinger explains the market
conditions that led to his initial discovery, and gives readers the inside story of the
development and refinement of Bollinger Bands. He then goes on to present a relative
decision framework built around Rational Analysis and Bollinger Bandsan
extraordinarily powerful combination of technical and fundamental analysis that answers
the question of whether prices are too high or too low for virtually any security or
market environment.
By understanding how to incorporate Bollinger's techniques
into their own investment strategy, investors will greatly increase their ability to
ignore often-costly emotions and arrive at rational decisions supported by both the facts
and the underlying market environment. Bollinger on Bollinger Bands provides:
- The first authoritative examination of this
revolutionary technical analysis tool
- Three simple systems for implementing Bollinger Bands
- Innovative methods for clarifying patternsand
analyzing time frames and moving averages
The key to effective investment analysis is toas
much as possibleeliminate emotion and approach each trade on its technical and
fundamental merits alone. Since their introduction, few analytical techniques have helped
investors do this better or more consistently than Bollinger Bands. Bollinger on
Bollinger Bands provides tips, guidelines, and rules for incorporating the bands into
virtually any investment strategy. It is a watershed book, written by the only man truly
qualified to claim a comprehensive knowledge of the topicJohn Bollinger himself.
