Contents
Preface
Introduction
1Â Drawing Point-and-Figure Charts Background
How to Draw the Charts
Computerised Charting
2Â Interpreting the Charts
Buy and Sell Formations
Trend Lines
3Â Trading
Applications   Â
Judging the Distance of a Move Â
The Use of Stop Orders   Â
Risk and Position Size   Â
Pyramiding Made Simple and Profitable Â
Swing TradingÂ
Day-Trading, Speed Trading, Scalping & Market
Making          Â
Extending Point-and-Figure to Other Markets         Â
About Shorting, BrokersÂ
and Commissions  Â
Tips from Experienced Traders          Â
4Â New
Optimisation Techniques     Â
Optimisation Techniques — Making the Good Better   Â
Optimisations and Simulations
Â
Point & Figure Parameter Sets forÂ
Different Volatilities       Â
Optimisation With a Standard Software Package         Â
How to Benefit from Optimisations  Â
5Â Profitability
Analysis — Does P&F
Charting Really Work?
Why P&F is a Good Trading System
Introduction to the Historical Studies
The Profitability of P&F Stock Trading — The
Original Research
The Profitability of P&F CommodityÂ
Futures Trading — The Original Research
Later Commodity Profitability Research        Â
Profitability of P&F Commodity Trading 1996-1997Â Â Â
Profitability of P&F Stock TradingÂ
1994-1996Â Â Â
Weber-Zieg Study on European Stocks 1988-2002Â Â Â
Summary        Â
6Â Technical
Notes Â
The Conflict between Technical Analysis and Academic       Â
Research
More About Scaling
Description of the Program Environment Used  Â
Appendices    Â
Appendix 1 — Quick Reference Guide to Buy and Sell
Signals
Appendix 2 — Glossary of Terms Used in Point-and-Figure
Charting
Appendix 3 — Recommended Websites
Appendix 4 — Bibliography
Index