Prechter's Perspective: Conversations with Bob Prechter, Legendary Market Theorist

by Robert R. Prechter Jr., Peter Kendall

Prechter's Perspective gives you an inside look at the man named "Guru of the Decade" after winning the U.S. Trading Championship with a record 444.44% profit. Prechter's Perspective compiles actual trading knowledge from a career that took Bob Prechter three decades to build. You'll get Bob's thoughts on how Fibonacci ratios can help you time the markets and when to use risk-limiting stops. You'll get his tips on ruling out emotional tendencies and using discipline to keep the markets in your favor. This book gives you lots of detail about the markets over the last 25 years, but it's more than just a history lesson. Bob also teaches you about how the Wave Principle applies to anticipating the legacies of national leaders, trend changes in pop culture and the next big move in the markets (plus the little ones, too). If you're a newcomer to Elliott Wave or if you're looking for the right resource to give a friend, family member or colleague, this 221-page newly revised edition of Prechter's Perspective is the best overview of the Wave Principle you can get.

221 pages, Paperback

First published March 1, 1996

About the author

Robert R. Prechter Jr. (born March 25, 1949) is an American financial author, and stock market analyst, known for his financial forecasts using the Elliott Wave Principle. Prechter is an author and co-author of 14 books, and editor of 2 books, and his book Conquer the Crash was a New York Times bestseller in 2002. He also has published monthly financial commentary in the newsletter The Elliott Wave Theorist since 1979, and is the founder of Elliott Wave International and New Classics Library. Prechter served on the board of the CMT Association for nine years, and as its president in 1990–91. He has been a member of Mensa and Intertel. In recent years Prechter has supported the study of socionomics, a theory about human social behavior.

Reviews

[Jochen · Rating 4 out of 5]

For people liking the Wave Principle it is a great book to find a bit more of the inner motivations of one of the experts in the field.

I truly enjoyed reading about his perspective, his failures and his successes.