PAGE 1 THE PROFESSIONAL INVESTOR FEBRUARY 2020

(Continued on page 2)

Detailed descriptions and contents of all books onwww.visionbooksindia.com

Vol. 28 No. 02 ` 5.00FEBRUARY 2020

Rakesh Bansal

Published by: Vision Books Pvt. Ltd., 24 Feroze Gandhi Road, Lajpat Nagar 3, New Delhi 110024, Ph: 011-29836470 / 80; e-mail:visionbk@vsnl.com; www.visionbooksindia.com

Decide in advance whatgain you want from a

venture, and when youget it, get out.

— Zurich Axioms

“”

ELLIOTT WAVE THEORY IS BASED ON THE

hypothesis that stock prices move due tothe combined, fluctuating optimism and

pessimism of all market participants. Suchswings in the participants’ sentiment make stockprices move in certain repetitive patterns, ortrends. Elliott Wave Theory places these trends in two categories as follows:

1. Dominant trend, which is a 5-wave pattern; and2. Corrective trend, which is a 3-wave pattern.

Elliott Wave Theory holds that within each of these two trends, stock prices alternatebetween impulsive and corrective waves — and the theory forecasts market trends byidentifying extremes in investor sentiment and psychology.

DOMINANT TREND — 5-WAVE PATTERN: The dominant trend is basically a move inthe direction of the main trend and it’s a 5-wave pattern. Thus:

In rising markets when stock prices are going up, the dominant trend is a 5-wavepattern in the upward direction.

In declining markets when stock prices are going down, the dominant trend is a 5-wave pattern in the downward direction.

Characteristics of the Dominant Trend When Markets are Rising

Wave 1 is usually a weak rally.

Dear Investor,How to Make Money Trading

Elliott's Waves

Elliott Wave Theory is one of the most enduring —and intriguing — forms of technical analysis. Itsadherents hold that the theory is unsurpassed in itsability to predict the direction of financial markets. Inhis new book, Profitable Elliott Market Trading

Strategies, (pages 1 to 3) expert trader and analyst onIndia's business channels Rakesh Bansal presentstried and market-tested trading strategies based onElliott Wave Theory. The strategies are fleshed outwith the help of 100 real examples from the Indianmarkets to explain the key points and also highlightsubtler nuances. These Elliott Wave tradingstrategies can help you make money in the marketprofit.

A medical doctor in Jaipur chances upon a book ontechnical analysis. Thrilled, he creates, tests, fine-tunes his own mechanical, rule-based trading system.Using that, he starts making money consistently. In afew years, his trading income surpasses his earningsfrom his medical practice. What is the secret? Findout from the increasingly popular book, How I Make

Money in Trading — and How You Can, Too! (seepage 8).

And, as always, this issue also highlights dozens ofterrific books by top market experts to help you makeprofits in all market conditions!

Act today . . . ordering information is givenon page 4.

Kapil MalhotraPublisher

P RP RP RP RP R O F I TO F I TO F I TO F I TO F I T A B L E E L L I OA B L E E L L I OA B L E E L L I OA B L E E L L I OA B L E E L L I O TTTTT T T T T T W AW AW AW AW A V E V E V E V E V E T R A D I N G S T R AT R A D I N G S T R AT R A D I N G S T R AT R A D I N G S T R AT R A D I N G S T R A T E G I E S T E G I E S T E G I E S T E G I E S T E G I E S

Wave 2 is a sell-off once Wave 1 is over. Wave 2never goes below the starting point of Wave 1.

Wave 3 is a strong rally which suggests thatmost market participants are convincedabout the rally’s strength.

Wave 4 is, unmistakably, a correction. Wave 5 is the last wave of the dominant

trend, after which the market tops out andthereafter enters a new phase.

Figure 1 illustrates the sequence of a rising

PAGE 2 THE PROFESSIONAL INVESTOR FEBRUARY 2020

Figure 1: The 5-wave sequence of an Elliott Wave dominant trend in a rising market. Waves 1, 3and 5 are impulsive waves; waves 2 and 4 are corrective waves

Figure 2: The 5-wave sequence of an Elliott Wave dominant trend when markets are declining.Waves 2 and 4 are corrective waves; waves 1, 3 and 5 are impulsive waves

5-wave dominant trend. Here, Wave 1, Wave3 and Wave 5 are impulsive waves, while Wave2 and Wave 4 are corrective waves.

Characteristics of the Dominant Trend When

Markets are Declining

Wave 1 is usually a weak correction. Wave 2 indicates a strong pullback rally but

it never rises beyond the starting point ofWave 1.

Wave 3 is a strong down move as most

market participants are now convinced aboutthe trend of the price move.

Wave 4 is clearly a pullback. Wave 5 is the last wave of the dominant

trend, after which the market bottoms outand thereafter enters a new phase.

Figure 2 illustrates the 5-wave sequence of adeclining dominant trend. Here, Wave 1, Wave3 and Wave 5 are impulsive waves, while Wave2 and Wave 4 are corrective waves.

How to make money usingmarket-proven Elliott Wavetrading strategiesThe book starts with a concise introduction toElliott Wave Theory, and an explanation of itsvarious key building blocks. It then focusseson three proven market-tested tradingstrategies. Each trading strategy is explainedin detail with entry, stop loss and exit rules —

and illustrated with real-life examples from theIndian market. Find out:

The key concepts of Elliott Wave Theory

Wave Principle: Dominant and correctivetrends

What fractals are and how they simplify therecognition of the nature and count of waves

Rules and guidelines for trading Elliott Waves

How Fibonacci sequence and relationshipshelp determine the likely length of wavesand their retracements

3 market-proven trading strategies explainedin detail

Plus: 100 real-life examples, with charts,from the Indian markets

"Elliott Wave Principle represents the mostdramatic advancement in price forecasting. . . (since) the seventeenth century"

— Robert C Beckman

`̀̀̀̀ 599

PAGE 3 THE PROFESSIONAL INVESTOR FEBRUARY 2020

P RP RP RP RP R O F I TO F I TO F I TO F I TO F I T A B L E E L L I OA B L E E L L I OA B L E E L L I OA B L E E L L I OA B L E E L L I O TTTTT T T T T T W AW AW AW AW A V E V E V E V E V E T R A D I N G S T R AT R A D I N G S T R AT R A D I N G S T R AT R A D I N G S T R AT R A D I N G S T R A T E G I E ST E G I E ST E G I E ST E G I E ST E G I E S

[Excerpt from: Profitable Elliott Wave TradingStrategies by Rakesh Bansal. Order by email tovisionbooks@gmail.com, or online atwww.visionbooksindia.com]

Figure 3: Elliott Wave corrective trend — a 3-wave correction — when markets are rising. Waves Aand C are impulsive waves while Wave B is a corrective wave

Figure 4: The 3-wave corrective trend when markets are declining; waves A and C are impulsivewaves, Wave B is a corrective wave

CORRECTIVE TREND — 3-WAVE PATTERN:

The corrective trend is basically a move againstthe direction of the dominant trend. It’s a 3-wave pattern, as follows: In rising markets when the dominant trend

is up, the corrective trend is a 3-wave patternin the downward direction;

In falling markets when the main dominantis down, the corrective trend is a 3-wavepattern in the upward direction.

Characteristics of a Corrective Trend When

Markets are Rising

Wave A is the beginning of a new bearmarket. The fundamental news is, however,still positive and few people are ready toaccept the fact that market will now decline.

Wave B is basically a small pullback rallywhich gives the impression that the upmovehas resumed after a break and that the bullrun is intact. Usually, prices fail to make newhighs and, typically, the volume during WaveB is lower than that during Wave A.

Wave C: In Wave C, the price again startsdeclining and the volume also picks up. It’sduring Wave C that everyone realises thatthe market decline is likely to continue andso the number of market participation onthe sell side increases.Figure 3 illustrates a 3-wave downward

corrective pattern.Here, after a market rally in a basic 5-wave

sequence, a market top is made and the market

thereafter enters a new phase, namely the 3-wave downward corrective phase illustrated bywaves A, B and C shown in Figure 1.3.

In Figure 3, waves 1, 3, 5, A and C areimpulsive waves, whereas waves 2, 4 and B arecorrective waves.

Characteristics of a Corrective Trend When

Markets are Declining

Wave A is the beginning of a new bull market.The fundamental news is still negative at thisstage, which is why nobody is quite ready toaccept the fact that market trend could changefrom down to up from here on.

Wave B is basically a small decline whichgives the feeling that the earlier original fallhas resumed. Prices, however, fail to makenew lows and typically the volume in WaveB is lower than in Wave A.

Wave C: The price now again starts risingand the volume also picks up. It's duringWave C that everyone accepts the likelihoodof a trend change to up — hence the marketparticipation on the buy side increases.

Figure 4 illustrates the 3-wave upwardcorrective wave sequence that indicates a changein the dominant trend from down to up.

In the case of Figure 4, a market bottom ismade after the market declines in a basic 5-wave sequence. The market then enters a newphase, i.e. a 3-wave upward corrective phase,comprising waves A, B and C.

In this case, waves 1, 3, 5, A and C are allimpulsive waves, while waves 2, 4 and B arecorrective waves.

ALSO BY RAKESH BANSAL

Profitable Short TermTrading StrategiesHow to Make Money UsingMarket-Proven TradingStrategies

This popular book is avaluable conpendium ofselect tried and testedshort term tradingstrategies. Followed withdiscipline and patience,these strategies can helpyou build solid wealth in the stock market.

Come, profit from these market-proventrading strategies.

(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)` ` ` ` ` 599

PAGE 4 THE PROFESSIONAL INVESTOR FEBRUARY 2020

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The Professional Investor is going green and downsizing its printed version.Please send your email Id to visionbooks@gmail.com to receive a digital copy.PS:

“The more you learn, the more you earn” — Warren Buffett

Ashwani Gujral’s Trading Bestsellers (Also available as e-books)

Explains step-by-step howyou can build a winningtrading system and profitfrom systematic trading."Excellent" ` ` ` ` ` 675

How to become a moresuccessful trader byunderstanding how yourother traders.` ` ` ` ` 495

How to MakeMoney Tradingwith Charts

In this bestselling book,Ashwani Gujral shows

how you can makemoney trading anytype of market by

correctly identifying themarket’s mood fromthe various typicalpatterns that areformed on charts —and by usingappropriate trading

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`̀̀̀̀ 1,249

How to Make Money Trading with CandlestickCharts: With examples and charts frWith examples and charts frWith examples and charts frWith examples and charts frWith examples and charts from Indianom Indianom Indianom Indianom IndianmarkmarkmarkmarkmarketsetsetsetsetsBESTSELLER! Constantly refined and tested over time,candlestick signals are now being used the world over fortrading all financial markets, including stocks, derivativesand currencies, etc.

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How to Make Money Trading the IchimokuSystem: Guide to Candlestick Cloud ChartsGuide to Candlestick Cloud ChartsGuide to Candlestick Cloud ChartsGuide to Candlestick Cloud ChartsGuide to Candlestick Cloud ChartsIchimoku is one of today’s most powerful trading systems.Due to the Ichimoku cloud’s unique construction, a tradercan visually determine if a chart is bullish or bearish!

Packed with in-depth analysis of high-probabilitytrading strategies and numerous real-market examples ofstocks, derivatives, commodities and currency trades, thisbook reveals how you can make money using the powerfulIchimoku system, the candlestick cloud charts.` 599599599599599

How to Make Money Trading OptionsNon-Directional Strategies for Income GenerationA pioneering book on making money through non-directional trading, i.e. without having to predict themarket’s future direction.

The book will equally benefit directional traders throughits lucid explanation of popular options strategies ofleveraging, hedging, and speculation — and even forbuying stocks cheaper by using options.

` 599599599599599

How to Make MoneyTradingDerivativesAn Insider'sGuide

(3rd Edition)

This is a pioneering bookon trading Indian futuresand options written by anexpert who does so for aliving. It is an insider'sguide which spans allaspects of successfultrading.

Based on an insider’s expertise and trading Indianfutures and options, the book is packed with provenstrategies and examples of real trades in the Indianderivatives market. The author boldly assets that“derivatives have changed the Indian trading landscapeforever . . . It is, finally, possible to make a fortune on theIndian stock markets.”` 599

How to Make Moneyin Intraday TradingA master class by oneof India’s most famoustradersIn his trademark bluntstyle, (and laced with wrythrowaway humour)Ashwani Gujral cutsthrough the clutter andawe surrounding daytrading, sharply zeroing inon the skills, methods andabilities which spellsuspended success andprofit in this most

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PAGE 5 THE PROFESSIONAL INVESTOR FEBRUARY 2020

Trading and Technical AnalysisCourse: How to Trade and ProfitablyBESTSELLER! This course book shows you,step-by-step, how to combine the stockpicking and market timing capability oftechnical analysis with the power ofdisciplined trade entries and trademanagement strategies. Result: safe andprofitable trading:

NEW:NEW:NEW:NEW:NEW: AIM Framework — the author'sdisciplined trading approach for controllingyour emotions, panic and greed

NEW:NEW:NEW:NEW:NEW: Trade Selection Ready-Reckoner —the author's powerful trading tool thathelps you identify and manage highreward trades

(Also a(Also a(Also a(Also a(Also available as e-book) vailable as e-book) vailable as e-book) vailable as e-book) vailable as e-book) ` ` ` ` ` 799

Profitable Trading withRenko ChartsPrashant Shah

One of the oldest and mostpopular Japanese chartingmethods, Renko can be used

to profitably trade alltypes of financial marketsand instruments — and

over any time frame.

Renko offers traders manyunique and unmatchedadvantages over othercharting methods.

Renko charts are simpleto use

Trends are easier to identity in Renko charts since the price is alwayseither clearly bullish or bearish

Due to their uncluttered appearance, signifcant tradeable patterns aremuch easier to spot in Renko charts

Being objective in nautre, entry and exit signals are clearly defined inRenko charts, making it easier to trade profitably

By eliminating insignificant price action, Renko charts help traderscontrol overtrading — one of the biggest sources of trading losses

PLUS: 250+ charts and examples from Indian markets.

With recent advancement in technology making Renko easilyaccessible on popular charting software, this book will help bothexperienced and novice traders to profit from this very powerful system.

Prashant Shah is one of India's top practitioners of "noiseless charts."In this comprehensive book, he reveals all the tips and tricks of profitabletrading with Renko charts that he has mastered over the years.

(Also available as e-book) ` 889

How to Make Money in DayTrading TTTTTrrrrrade on an Invitationade on an Invitationade on an Invitationade on an Invitationade on an InvitationDay Trading holds tremendous attractionfor those seeking to make money in themarkets. Nearly 90% of Market playersare interested in day trading because itrequires lower capital, you don’t carryovernight risks and you can make moneywhether the market is rising or falling.

This book contains a powerful daytrading strategy, complete from how toselect a stock to trade, to risk manage-ment and profitable exits. The strategyrests on the author’s innovative conceptsof trade invitation and running andstagnant prices.

(Also available as e-book) (Also available as e-book) (Also available as e-book) (Also available as e-book) (Also available as e-book) ` 295295295295295

Real-time actionablemarket analysis andtechnical trading lessonsfrom a famous trader.“A master class”` ` ` ` ` 495(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)

BESTSELLER! A valuablecompendium of tried andtested short term tradingstrategies to help you buildwealth in the stock market.` ` ` ` ` 495(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)

Comprehensive guide tovarious financial marketsplus how to successfullytrade stocks, bonds, forexand derivatives usingtechnical analysis.` ` ` ` ` 495

A logical, simple-to-followand disciplined method ofmaking money in themarkets. With Indiancharts and examples."Truly instructive"` ` ` ` ` 395(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)

CLASSIC! This is anextraordinary book. Ittells one of the mostunusual success storiesin the history of the stockmarket.` ` ` ` ` 349

Proven trading secrets thatcan help “you make 50%to 100% annual return withlow risk. It’s possible andit’s true.”`̀̀̀̀ 349(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)

How to make money fromthe market's short termupswings and downswings."You can make fargreater profits (bytrading) swings than inany other way" — W. D.Gann ` ` ` ` ` 599

How to earn high returns— with low risk —through short termtrading. All you need toknow to get started.` ` ` ` ` 395

CLASSIC. "One of themost finely crafted works. . . bridges the huge gapbetween technicalanalysis theory and thereal business of makingmoney . . .” — Investor'sChronicle ` ` ` ` ` 675

"John Piper takes youbeyond theory. Heprovides an essentiallesson that most(traders) never get"— Dr. Alexander Elder` ` ` ` ` 495

How to become a highperformance trader bymastering your mind. 35Practical strategies andtechniques. "A veryimportant book . . .wholly recommended"` ` ` ` ` 495

Extraordinary true storiesof people who becamemillionaires through daytrading . . . . "Anexcellent successor toJack Schwager's,Market Wizards"` ` ` ` ` 495

"Full-time trading canmake you very rich" saysmarket guru, Ashu Dutt.Find out how to start andsucceed as a professionaltrader.`̀̀̀̀ 399(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)

New advances showtraders how to profit fromtemporary market volatility— and how to avoid itsperils. "An exceptionallylucid and practicalguide" — TradersMagazine, USA ` ` ` ` ` 495

A comprehensive guideto using the mostimportant riskmanangement methodfor traders and investors."Must read this book"` ` ` ` ` 325

BESTSELLER! "There arevery few opportunities formaking very large gains inrelation to the money youput up. Futures and optionsis one of them."` ` ` ` ` 349(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)(Also available as e-book)

BESTSELLER

S T O C K M A R K E T I N V E S T I N G A N D S T R A T E G I E S

PAGE 6 THE PROFESSIONAL INVESTOR FEBRUARY 2020

How to dicover and profit fromstocks that can make you afortune.

`̀̀̀̀ 295

Step by step, this book shows howto build and manage a shareportfolio. "An excellent guide."— UK Analyst

`̀̀̀̀ 295

"Innovative, imaginative, original andfresh with sophisticated investmentmethods – if only you'd thought ofthem before."– Sunday Times, London

`̀̀̀̀ 395

This book shows readers how toinvest like the man with "theMidas Touch", Warren Buffett

CLASSIC`̀̀̀̀ 295

Secrets of profitable investing andtrading in volatile times. "Realworld advice from real experts"

`̀̀̀̀ 250

Fundamental Analysis forInvestorsHow to Make Consistent, Long-termProfits in the Stock MarketRaghu PalatHow to make steady, consistent profitsin the stock market based on wellinformed and information-backeddecisions.

(Also available as e-book) ` ` ` ` ` 349

Shares for Investment andWealth(3rd Expanded Edition)

BESTSELLER!BESTSELLER!BESTSELLER!BESTSELLER!BESTSELLER!Raghu PalatHow to grow wealthy by investing wiselyin the stock Market."A very valuable introductory guide tonew investors." — The Economic Times

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The Beanstalk Does Grow to theSky: How to Make a Fortune throughMultibaggersAshu Dutt and Anav DuttMultibaggers are stocks that give you 5-,10-fold returns in relatively quick time,Normal stocks don't do that. Clearly, then,multibagger investment style has to becompletely different.(Also available as e-book) ` ` ` ` ` 495

Value averaging helps youautomatically buy low and sellhigh — without market timingand stock-picking techniques

`̀̀̀̀ 125

Comprehensive, step-by-stepframework for making money in thestock market. "Excellent" —Business India

`̀̀̀̀ 495

Alsoe-book

Explains in a simple, easy-to-readstyle how to use financial ratios topick the right shares to invest in.

`̀̀̀̀ 295

14 Wealth-Building Secrets ofValue Investing Ashu Dutt

"Value Investing is not only about lowPE, low book value, or other conven-tional measures of value", says AshuDutt. In this book, he reveals the secretsof value investing that go beyond thetraditional measures if value, secretsthat can make you very rich.

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How you can apply the provenrules of gambling to win attrading and investing. "Thisbook dazzles" — Casino Online

`̀̀̀̀ 295This book may be the mostimportant investment decision youwill ever make. ". . . a must-read" — The New York Times

`̀̀̀̀ 595

CLASSIC! Often cited as the bestbook ever written about marketpsychology.

`̀̀̀̀ 295

This book shows you how to getregular income plus capitalappreciation from shares. Packedwith real-life examples.

`̀̀̀̀ 295FASCINATING! Some investorsplay the market using occultmethods and win! Find out how.

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A comprehensive handbook onthe intricacies of P/E and how youcan improve the price-earningsratio to boost your stock returns.

`̀̀̀̀ 395

BESTSELLER

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Armchair Investing:Making Money in Stocks— Simplified (2nd Edition)Aditya Shroff

BESTSELLER!Here is a book with a bigpromise — a simplified wayof making money in thestock market. The ArmchairInvesting system is apractical, tested, safe,automatic and rule-basedmethod.`̀̀̀̀ 399(Also available as E-book)

Stock Picking —SimplifiedHow to choose the rightstocks to invest in – easilyand quickly (2nd Edition)Aditya Shroff

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■ I N V E S T I N G , P E R S O N A L F I N A N C E A N D T A X A T I O N ■

BESTSELLER! Shows you howto invest your money mostprofitably; with tax implications(In FY 2019-2020).

How to avoid common investingmistakes — and grow rich.ILLUSTRATED

Secrets of loss-proof investingby ten top internationalinvestment advisers.

How to profit from investing andtrading in gold, silver and otherprecious metals.

Explains simply and clearlyeverything you need to know aboutmaking your Will. "BRILLIANT"

Investing, Personal Finance and Tax Guides

Mutual Funds

`̀̀̀̀ 495 `̀̀̀̀ 295 `̀̀̀̀ 250

`̀̀̀̀ 495 `̀̀̀̀ 199 `̀̀̀̀ 295BESTSELLER! Clear incisiveguidance on investmentopportunities and tax benefits forNRIs (In FY 2019-2020).

Practical, inspirational roadmap.Come, dream big — and discoverhow you can fulfil your dreams . . .

This book demystifies incometax investigations in a simple,lucid and interesting style. Itexplains all aspects of Incometax.

Alsoe-Book

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HOWTO TURN

YOURSAVINGS

INTOWEALTH

PAGE 7 THE PROFESSIONAL INVESTOR FEBRUARY 2020

How to Grow Rich in a New Age.To Grow rich, and stay rich, youneed to master the new powerlaws of personal finance.

`̀̀̀̀ 495BESTSELLER! "These 10commandments willpermanently free (you) frommoney worries."

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Technical Analysis

Technical Analysis ofStock Trends (NinthEdition)

Robert Edwards, John Magee& W.H.C. BassettiThe universally acclaimedclassic reference used bynearly one million analystsand investors world-wide!Long considered the definitivefoundational work ontechnical analysis, thismilestone, expanded 9th

edition of “the bible of technical analysis” offers bothproven, time-tested trading and investing techniques andupdated contemporary know-how for success in differentmarket conditions:

`̀̀̀̀ 995

BESTSELLER! "Charts are fortrading as water is for fish. Youcannot trade without knowing how toread a technical chart." Find out howto hugely increases your tradingprofits. (Also available as e-book)` ` ` ` ` 349

This bestselling beginner's guideshows how you can profit fromwhat the market is telling you. Noprior knowledge needed. RealIndian examples.`̀̀̀̀ 399

"Point-and-figure is the best ofall technical analysis methods,"assert the expert authors anddemonstrate how this methodproduces consistent andreliable trading profits.`̀̀̀̀ 595

BESTSELLER! This “Bible ofTechnical Analysis” teachesyou the entire spectrum oftechnical analysis techniques."For the savvy investor”— Business Today`̀̀̀̀ 295

How to make big trading profitsby identifying future trends andturning points with never-beforeprecision using cycles, channeland probability analysis.` ` ` ` ` 495

This classic text shows howtraders can use channel analysisto predict future share prices,thus unlocking the key tomaking money in the markets.`̀̀̀̀ 495 495 495 495 495

Indian Mutual Funds HandbookSunder Sankaran“Ideal for Investors . . . (in) mutualfunds." — Business World

“Just the right book." — The HinduBusiness Line

“The best book for understanding(Indian) mutual funds." — M.Subramanian, CEO India, Barclays Bank plc.(Also available as e-book) ` ` ` ` ` 750

How to Make a Fortune ThroughMutual FundsHunt with the HoundsAshu Dutt and Arshiya DuttThis book reveals how you can makeextraordinary returns from mutual funds— far beyond the steady, tortoise-likeindex parity trot most investors areused to.(Also available as e-book) ` ` ` ` ` 495

The Complete Guide to Investingin Exchange Traded FundsHow to Earn Rates of Return — SafelyMartha MaedaExchange traded funds (ETFs) areinvestment funds that hold a basket ofstocks, bonds, commodities, etc. andtrade on an exchange. Here is completeguidance on how you can profit from ETFs— Safely. ` 399

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BESTSELLER

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H O W I M A K E M O N EH O W I M A K E M O N EH O W I M A K E M O N EH O W I M A K E M O N EH O W I M A K E M O N E Y I N Y I N Y I N Y I N Y I N T R A D I N G — A N D H OT R A D I N G — A N D H OT R A D I N G — A N D H OT R A D I N G — A N D H OT R A D I N G — A N D H O W W W W W YYYYY O U C A N , O U C A N , O U C A N , O U C A N , O U C A N , TTTTT O O !O O !O O !O O !O O !

PRE-TRADE CHECK

1. Switch the customized chart to weekly timeframe and note whether the 13WMA line isabove or below the 34WMA line.

2. Change the time frame to daily and notewhether the 8DMA line is above or belowthe 21DMA line.

3. Also note whether daily MACD is in buymode or sell mode. MACD is considered inbuy mode when the solid line is above thedotted line — and vice versa.

TRADE ENTRY: Use the following rules todecide entry:

When 13WMA is above 34WMA

Scenario 1: Wait for the 8DMA line to go belowthe 21DMA line and thereafter buy on theswing breakout.

This trading signal is to be taken irrespectiveof whether the daily MACD is in the buy modeor the sell mode. Full risk is to be taken.

Scenario 2: If the daily MACD goes into sellmode when the 8DMA line is above the 21DMA line, short sell on swing breakdown. Halfof the usual risk should be taken.

When this occurs, you may also be having along position as per Scenario 1. If this be thecase, then the breakdown of a swing after thedaily MACD goes into a sell mode wouldrequire both exiting the long position — andgoing short simultaneously.

Scenario 3: You are holding a short positionas per Scenario 2 above and a swing breakoutoccurs on the upside. If the price had moveddown after the establishment of short position,then the initial stop loss may also get shifteddownwards. In such a case, hitting of the stoploss entails the exiting it short position alsoautomatically going long.

If the stop loss is hit while the 8DMA line isstill above the 21DMA line, then half the usualrisk is taken in going long.

If the 8DMA line has gone below the 21DMAline, then full risk is taken as per Scenario 1.

When 13WMA is Below 34WMA

Scenario 1: Wait for the 8DMA line to go abovethe 21DMA line and thereafter sell on a swingbreakdown. This signal is to be takenirrespective of whether the daily MACD is inbuy or sell mode. This is a full risk trade.

Scenario 2: If the daily MACD goes into buymode when the 8DMA line is below the 21DMA line, go long on swing breakout. Halfof the usual risk is to be taken.

When this occurs, you may also be having ashort position as per Scenario 1. If this be thecase, then the breakout of a swing after thedaily MACD goes into a buy mode wouldrequire both exiting the short position — andgoing long simultaneously.

Scenario 3: Now let’s suppose a long positionas per Scenario 2 above already exists and aswing breakdown occurs on the downside. Ifthe price had moved up after the initiation ofthe long position, then the initial stop loss mayget shifted upward. In that case, the hitting ofstop loss in the long position automaticallyrequires going short.

If the stop loss is hit while the 8DMA line isstill below the 21DMA line, then half the usualrisk is taken when going short.

If, on the other hand, the 8DMA line hasgone above the 21DMA line then full risk istaken as per Scenario 1.

EXITS: All positions, whether long or short,must be exited when a swing break occurs inthe opposite direction.

Let’s consider this in a little more detail.Once a long position is created, an initial

stop loss is placed immediately below thebottom of the most recent swing.

If the price subsequently rises, then the stoploss is shifted upward upon the formation of anew swing. In other words, let’s suppose thatan upswing is created while going long (let uscall it Swing A), followed by a downswing (letus call this Swing B) followed by anotherupswing (let us call Swing C). Once Swing Cis created, the stop loss should be moved up tobelow the bottom of Swing B. This is ourtrailing stop loss and it can be raised further insimilar manner if there is any further rise inprice. The trade will be exited once the latesttrailing stop loss — or the initial stop loss incase it hasn’t been shifted up — is hit,whichever happens first. The reverse is true forshort positions as explained below.

Once a short position is created, an initialstop loss is placed immediately above the topof the most recent swing. If the price

My Trading Protocol

[Excerpt from: How I Make Money in Trading — andHow You Can, Too! by Vijay Gupta. Order by email tovisionbooks@gmail.com, or online atwww.visionbooksindia.com]

REVEALED — The Money-MakingMethods of a Medical DoctorTurned a Successful TraderLike millions, Dr Vijay Gupta began investing inthe stock market hoping to increase his incomeand wealth. Like millions, he ran into earlylosses. Unlike others who give up, he taughthimself how to make money in the stockmarket and created his own trading systemwhich has made him consistent profits for morethan a decade of market ups and downs.

This book reveals his trading secrets — in hisown words:

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Printed and published by Kapil Malhotra on behalf of Vision Books Pvt Ltd and printed at Ravindra Printing Press, 1590 Madarsa Road, Kashmere Gate, Delhi-110006and published at 24 Feroze Gandhi Road, Lajpat Nagar-III, New Delhi-110024. Editor: Kapil Malhotra

RNI No. 62633/95Publication Date 29 January 2020, No. of Pages 8Posted at New Delhi NDPSO FEBRUARY 1-2, 2020PAGE 8 THE PROFESSIONAL INVESTOR FEBRUARY 2020

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subsequently falls, then the stop loss is shifteddownward on the formation of a new swing.In other words, let’s suppose that while goingshort, a downswing is created (let us call itswing A), followed by an upswing (let us callit Swing B) followed by another downswing(let us call this Swing C). Once Swing C iscreated, the stop loss should be moved up toabove the top of Swing B. This is our trailingstop loss and it can be lowered further in similarmanner if there is any further fall in price.

The trade will be exited once the latesttrailing stop loss — or the initial stop loss incase it hadn’t been shifted down — is hit,whichever happens first.