TRADING WITHOUT FEAR
Mr. Arms elegantly combines many different aspects of volume analysis in this book. Volume is
related to stock market breadth via the Arms Index, and to price via Equivolume charting. Volume
Weighted Moving Averages and the Ease of Movement Indicator complete the picture. If you are
interested in how to quantify the driving force of the market, this book is for you."; John
Bollinger, CFA, CMT President, Bollinger Capital Management Editor, The Capital Growth Letter
"Analysts and traders will acquire confidence and control fear through carefully studying and applying
the unique insights available in Trading Without Fear. This book sums up much of the inventive genius
of Richard Arms, the 1995 winner of the coveted Market Technicians Award. The famed Arms Index
and other unique indicators including Equivolume, Ease of Movement and Volume Cyclicacity are
presented in clear terms and in a logical progression filled with penetrating insights into how to profit in
the market." - Henry O. Pruden, PhD Professor, Golden Gate University Executive Director,
Institute for Technical Market Analysts"
His Equivolume Charting system is built in to the most popular stock and futures software.
Now Arms succinctly explains the strategies underpinning volume analysis--an objective,
emotion-free technical analysis and trading system that allows everyday individual investors
to combine price and volume data for common stocks into a chart that reliably forecasts
long-term market moves. Presents new material on ease of movement and volume-adjusting
averages not available elsewhere. Helps investors eliminate fear, a constant cause of paralysis,
from their investment decisions. The publisher, John Wiley & Sons
"The key to investment success, if there be just one, is the ability to remain emotionally
detached. That detachment is only achieved through confidence. That confidence is only
arrived at through knowledge. That knowledge is arrived at through thought, study, hard
work, and experience. In this book, I will try to impart the knowledge and experience I
have acquired over the last thirty years." - Richard Arms from the Introduction to
"Trading Without Fear."
With his succinct analytical skills and unique approach, Richard Arms makes sophisticated investment
strategies accessible to everyday, individual investors in his books.