Steidlmayer on Markets: A New Approach to Trading by J.Peter Steidlmayer
This book provides a complete guide to Steidlmayer's new approach to markets, especially the futures markets. The first section provides background information based on Steidlmayer's experiences as a commodities trader, showing how he developed his ideas and learned to apply them to futures trading. Part two outlines his theory of markets, explains factors that determine prices, and describes the Market Profile and Liquidity Data Bank systems. The final section provides detailed applications, showing how to read market activity, recognize both fundamental and technical factors underlying price movements, and make sound investment and trading decisions. The book will be of benefit to stockbrokers, consultants and investors.