The Secret Science of Price and Volume: Techniques for Spotting Market Trends, Hot Sectors, and the Best Stocks (Wiley Trading) | 
| Author: Tim Ord Publisher: Wiley Category: Book
List Price: $85.00 Buy New: $44.34 You Save: $40.66 (48%)
New (24) Used (5) from $44.34
Avg. Customer Rating: 4 reviews Sales Rank: 19589
Media: Hardcover Number Of Items: 1 Pages: 208 Shipping Weight (lbs): 0.8 Dimensions (in): 9.1 x 6.2 x 0.9
ISBN: 047013898X Dewey Decimal Number: 332.632042 EAN: 9780470138984 ASIN: 047013898X
Publication Date: March 3, 2008 Availability: Usually ships in 1-2 business days Shipping: International shipping available Condition: Brand New, Perfect Condition, Please allow 4-14 business days for delivery. 100% Money Back Guarantee, Over 1,000,000 customers served.
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Product Description In The Secret Science of Price and Volume, leading market timer Tim Ord outlines a top-down approach to trading—identifying the trend, picking the strongest sectors, and focusing on the best stocks within those sectors—that will allow you to excel in a variety of markets. With this book as your guide, you’ll quickly become familiar with Ord’s proven method and discover how it can be used to make more profitable trading decisions.
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| Customer Reviews:
Secret, what SECRET. July 21, 2008 1 out of 4 found this review helpful
The Secret Science of Price ad Volume. The title is deceiving. There is no SECRET and no SCIENCE. It is merely a re-phrasing of standard technical indicators and making a complicated issue out of it. "Spotting Market trends,hot sectors and best stocks" is no more than a simple momentum investing. Don't waste your time and money.
Aligning Trading Ideas with Markets April 27, 2008 22 out of 28 found this review helpful
Timothy Ord recommends a top-down approach to market analysis.
The author, president, editor, and publisher of The Ord Oracle an electronic advisory newsletter that recommends S&P, NASDAQ, and gold stock trades, argues that every trade begins with:
1.Determining the market direction. 2.Selecting the best sectors. 3.Isolating the strongest stocks in the best sectors.
There is nothing there that justifies this book's price. What follows, however, is rare insight focusing on the role of volume. Following it focuses the trader's attention on what the market is saying.
Ord illustrates his points with recent charts. He describes the trade set up and resolution in language that is clear and simple. The result is a truly useful market approach.
By the time I finished the book my head was red from slaps as I thought "Why didn't I think of that?" Many of the insights are easy to implement. Yet, the one I find is the most useful, is one of the first lessons I was taught.
"Have patience; wait for the trade to be aligned with the market." I hear it. I know it. I know it to be true. Every time I ignore it, I usually lose money.
This book is worth every penny. Its lessons promise to shorten your learning curve on your way to becoming a trader provided you conquer the practice of patience.
Must read book for any serious investor April 9, 2008 21 out of 26 found this review helpful
Tim Ord's book is an easy read and his trading methodologies are very easy to use. Own both the book and software. Software is $599. I have worked on Wall Street for the past 18 years and Tim's methodologies get right down to the basics of looking at just price and volume (that is all you need). I know of a couple of big hedge funds who wrote all of these sophisticated quantitative formulas for beating the market and they ended up getting slaughtered like sheep. Most of these quant guys have Phd's in mathematics and engineering. Tim's software showed and most every mortgage company over the past year (example: Fannie Mae; FNM) to either sell the stock or short the stock right before these stocks collapsed. Great software, great book, highly recommend.
Time Proven Methodologies March 31, 2008 32 out of 37 found this review helpful
I have purchased numerous books on Stock Trading and for the first time felt compelled to write a book review because this book is simply that good. I first read about Tim Ord in Fari Hamzei's highly acclaimed book "Master Traders." Tim Ord is nationally rated as a top Market Timer and to be one of the Traders featured in " Master Traders" tells you something about his credentials.
Tim Ord's book, "The Secret Science of Price and Volume," analyzes what really drives equity prices, which is Supply and Demand. His unique methodology of Price and Volume analysis: " Ord Volume", evaluates what is moving equity prices at all junctures of their Price Swings, Legs and Price Points. He also uses these methods to evaluate Tops and Bottoms of Price structure and applies them to the major indices as well. Price and volume relationships have been in existence for over a hundred years and will continue to do so. The author presents disciplined trading and investing strategies based on time tested principles that will continue to work because fear, greed and human behavior will always be present in the marketplace.
Trading legends such as Richard Wyckoff, Jesse Livermore, Nicolas Darvas and William O'Neil to name a few all have utilized Price and Volume techniques to help amass their fortunes. Livermore's and O'Neil's "Price pivots points," Wyckoff's "Jumping the Creek," and "Falling through Ice" methodologies are Price and Volume based. William O'Neil's, "Follow Through Day," in the General Market Averages which show when Institutions are coming in to buy stock at long term or intermediate term lows is also related to these principles. The author explains the physics of this science and will teach you exactly how to interpret price and volume action in a manner which nobody else has shown before. In fact Ord Volume will help reveal when Institutions are either piling into stock or whether they are gradually accumulating it as well as when they are dumping or slowly supplying stock to the general public. Knowing this information is invaluable to both trader and investor.
These methods by no means are limited only to the technically oriented investor or trader. Fundamental and Value investors will also benefit by interpreting whether or not the forces of supply and demand are working in or out of favor with the particular group of stocks they follow.
The author also brilliantly covers topics such as Stock selection, Market Timing, Sector Analysis, Sector Rotation, Breadth analysis, Market Sentiment and much more. An informative chapter on the Gold sector is also included. This book is a Treasure chest. Whether you are a Long Term Investor, Intermediate-term Trader, Swing Trader or have a preference to sell stock short, "The Secret Science of Price and Volume," will provide you with a road map to profitability.
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