Kirkpatrick's Investment and Trading Strategies: Tools and Techniques for Profitable Trend Following

is a great companion to his book Beat the Market: Invest by Knowing What Stocks to Buy and What Stocks to Sell. He walks the reader step by step through his logic and then demonstrates the results by statistically valid test procedures. This is the Kirkpatrick Investment Theory updated and proven, plus a few extra studies to improve performance once again. "For those of us who use his approach regularly, his latest work will improve and confirm his investment concepts. For those not familiar with his work, this book may inspire them to rethink what methods they are using. The backtested results are that impressive. "Kirkpatrick's latest work addresses two significant areas. First, his investment approach is reviewed, tested, and refinements applied; then it is retested using walk forward techniques. The other area covered, and one that should not be overlooked, is his testing techniques and theories on how to evaluate stock selection and portfolio changes. He shows the reader how to focus on significant parameters that are most important while trying to avoid the dangers of optimization. The result is a robust system with a high probability of excellent performance in the future." --Thomas Hamilton, President of Special Risk Capital Management, LLC "When someone has been successfully involved in the markets and in particular technical analysis for almost half a century, you should pay attention to what he has to say. Charlie Kirkpatrick is such a person, one who has a solid grasp of how markets work and how to develop a process for profiting in them. I cannot begin to count the number of times I have read about someone's system and found that it was poorly designed, inadequately tested, and in many cases, used for some other motive than to provide a systematic approach to profiting in the market. Charlie has conquered all of these shortcomings in this book with a solid, well-constructed, thoroughly documented, and viable approach to systematic trading." --Gregory L. Morris, author of Dancing with the Trend, Chairman of Investment Committee, and Chief Technical Analyst of Stadion Money Management, LLC "On the Venn diagram of financial market study, this book fits into the coveted overlap between technical, quantitative, and fundamental approaches. It addresses one of the key questions that all three methods ask: How can the relative performance of stocks to one another be used to create a profitable investing approach? Kirkpatrick walks the reader through the necessary elements to comprehend and build robust market timing and stock selection systems. He addresses the murky issues of optimization and quantifying trend and also focuses in on his preferred indicators and uses for cycle analysis, based on 40+ years of market experience. No fancy software required--Kirkpatrick presents systems that can be implemented and managed using the most basic of tools. A great read for anyone looking to approach the markets more systematically, making the most of their capital and time." --Hima Reddy, CMT, author of The Trading Methodologies of W.D. Gann