Day Trading Using the MEJT System: A proven approach for trading the S&P 500 Index

Day Trading Using the MEJT System: A proven approach for trading the S&P 500 Index

by Jeffrey Tennant

NOOK Book(eBook)

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Overview

The MEJT System is a methodology for trading the S&P 500 Index - it uses the principle that market action at certain times of the day sets a pattern for future price action. The approach was developed by Jeffrey Tennant in 2002 and since that time he has employed it to enhance his market analysis and improve the success of his day trading. In this concise book the essentials of the method are outlined so that you can utilise it to complement your analysis.
Jeffrey Tennant explains what the MEJT System can and cannot do, describes the rules of the system, shows how to system on a day-to-day basis with a series of worked examples, and provides a backtest from a random historical week to show how the approach would have worked in the past.
If you day trade the S&P 500 Index this book may provide you with the additional tool you need to improve your profitability.
Jeffrey Tennant posts a daily video of MEJT System analysis on his YouTube channel: http://tinyurl.com/jt-mejt

Product Details

ISBN-13: 9780857192899
Publisher: Harriman House
Publication date: 04/05/2013
Series: Harriman Instants
Sold by: Barnes & Noble
Format: NOOK Book
Pages: 35
File size: 4 MB

About the Author

Jeffrey S. Tennant, MD is an individual investor. For over eight years he has been giving daily online analysis (most recently at www.timeandcycles.com) of the Standard and Poor's 500 Index. He has relied heavily on the MEJT System to make his predictions, and he wrote his first book (The MEJT System: A New Tool for Day Trading the S&P 500 Index) because of the large number of requests he received from traders who wished to learn his methodology.
In addition to performing technical analysis of the stock market, which he has done for over 30 years, his lifelong interests include ophthalmology, trivia and chess. He and his wife, Noreen, have four grown children: David, Hilary, Andrew and Bradley.

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