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From the Desk of Walter Bressert
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This is a promising time for futures traders. With today's easy computer access to price data and libraries of technical trading tools and systems, profitable trading seems to be within the reach of both experienced and new traders. However, the markets adjust to new trading innovations now just as quickly as they did to the changes in market knowledge from the 1920's to the 1980's, and for most of us success still depends upon the traders Holy Grail. "Trade with the trend, if it's up buy the dips, if it's down sell the rallies." ...more
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Walter Bressert's Professional Career: An Overview |
Walter, who is credited with bringing cycles into the futures markets, became interested in cycles in the late 1960s. He studied everything available at the time, including volumes of information published by the Foundation for the Study of Cycles, and Jim Hurst's classic book on cycles, "The Profit Magic of Stock Transaction Timing". He also attended several of Jim's workshops. Walter was a trader, and in applying the concepts from Hurst's book and workshops, and the Foundation, he realized that something was missing. There was plenty of theory on how to use cycles, but no quantification, or structure, that would allow him to trade the markets cyclically with confidence... more
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Trading
and Control
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| March 1998 Stocks and Commodities magazine interview with WB on trading. |
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