Hank Pruden is a leading technical analyst with more than twenty years of active trading experience. He is currently Executive Director of the Institute of Technical Market Analysis and on the board of directors of the Technical Securities Analysts Association of San Francisco. Pruden is also a professor at Golden Gate University in San Francisco, where he has taught technical analysis for thirty years. He has also served on the board of directors of the Market Technicians Association and served as vice chair of the International Federation of Technical Analysts.
I have known Hank Pruden for over a decade and his insights into trading are legendary. Hank has been able through this book to communicate that a successful trader not only needs book learning but the practical experience of actual trading as a balance to become successful. Neither book learning alone nor seat of the pants ill advised trading can mature a person to the level of success.
Mark D Cook, CEO Walnut Tree Capital, Inc, CTA
US Investing Championship Winner
Be the first to witness the presentation of Henry Pruden's soon-to-be-released book, The Three Skills of Top Trading.
In The Three Skills of Top Trading, Pruden looks to share his experience and insights with you. Written in a straightforward and accessible style, this comprehensive guide brings together the three skills of top trading—behavioral models for systems building, pattern recognition, and mental state discipline—and examines how you can develop this "triple threat" skill set to sustain or gain a true competitive edge in today’s challenging markets. Divided into three well-rounded parts, this book integrates elements of trading that are often treated separately— creating a mutually reinforcing analytical package that makes intuitive sense. Throughout these pages, you’ll beintroduced to:
• A behavioral finance framework for system building that provides the structure for integrating and interpreting indicators organized along the key dimensions of price, time, volume, and sentiment.
• A pattern recognition plan for trading—the Wyckoff Method of chart reading and technical analysis—that contains a set of laws and principles, which can be used to interpret chart patterns and take action.
• A model of trader psychology that is essential to the management of your mental state—the Ten Tasks of Top Trading—as well as various methods that will allow you to effectively maintain or modify this state.
