Robert Colby

Robert W. Colby, CMT, is best known as the author of The Encyclopedia of Technical Market Indicators (McGraw-Hill, 1988), an objective evaluation of one hundred and ten diverse investment timing models. He recently completed the second edition of this critically acclaimed study, an expanded revision released in early 1999. Robert is widely recognized for his expertise in research methodologies, and has been cited in Stocks and Commodities, Futures, and other prestigious trading publications. In addition, he is a professional trader and research consultant who has worked with some of the most powerful and advanced research institutions in the investment world. For over thirty years, Robert has been developing custom designed, computer-based management decision systems for investment selection and timing. He applies these systems to equities, sector rotation, bonds, foreign exchange, futures, options, mutual funds, and asset allocation. He is a Chartered Market Technician (CMT) and a long-time member of the Market Technicians Association. Robert was in demand as a public speaker throughout the 1980s, often interviewed by the major television networks and newspapers. More recently, his work has been a private and concentrated effort, and this TAG session marks his first public presentation in the 1990s.

Finding a Trading System That Is Right for You (Audio)
There are hundreds of trading systems. Some are effective, while others are not. Robert shows you how to tell the difference, how and when to use the best ones, how to really make a system your own, and how to avoid common mistakes. He continues to show you how you can and why you must avoid flawed ideas. This session helps you learn the best way to develop and test a precise set of trading rules to deal with all kinds of market behavior — rules that leave no room for uncertainty or confusion. You will find specific decision rules and techniques that maximize your potential for profit while minimizing your risk of significant loss. Trading strategy can be approached in a systematic, scientific way. You do not need to spend years personally observing the market to understand its behavior. Effective system selection and testing is an easier, quicker and less costly way to learn from historical experience.

The Encyclopedia Of Technical Market Indicators, Second Edition (Book)
This encyclopaedia provides an alphabetical and up-to-date listing of hundreds of important market indicators. It defines what each indicator is and explains the philosophy behind the indicator.
Advantages of Using Technical Market Indicators
Which to Use, How and When to Use Them, and Why
This new edition offers an accumulated treasury of nearly all known technical market indicators, including many new ones and better ways to use long-established ones. It offers precise formulas, performance over all available market history, and how to maximize reward/risk potentials. Now you can apply tested indicators immediately to your own investment decision making.
The same technical market indicators used by top-performing traders and investors are available now. This book offers the necessary knowledge on how to formulate and test technical market indicators in an orderly, step-by-step fashion. Specific technical market indicator parameters shown in this book would have maximized reward/risk performance over actual market history.
Technical market indicators offer:
*Logical, practical, efficient, effective, systematic, and precisely quantified frameworks for organizing information about actual observed market behavior, providing a firm foundation for making speculative decisions, grounded on historical precedent
*Flexibility and adaptability to any time frame and any trading instrument
*Clear-cut, precise, and objective signals that allow us to confidently execute trades while eliminating uncertainty, guesswork, confusion, anxiety, and stress, and freeing us from forecasts, opinion, bias, ego, hope, greed, and fear
*A sensible and orderly procedure for selecting specific decision rules that would have maximized reward/risk performance over actual past market behavior
*Simple, intuitive, easy-to-understand, and precisely defined formulas based on a manageable number of variables, enabling us to execute decisions with the timely and disciplined consistency that is vital for success in the financial markets
*Accessibility, based on readily available technology and data
*Conservation of capital and precisely defined methods for risk control
*Risk reduction means greater consistency of profitable returns
This book shows you how to find a trading system that is right for you and how to apply it for best results­­increased profit, decreased risk, and the self-confidence of gaining control over your investment decision making.